# US Gulf Coast ULSD differential collapses amid Colonial Pipeline freeze notice | S&P Global

> The US Gulf Coast ULSD differential fell to minus 25.25 cents/gal on Oct. 20, an 8.25-cent drop and the weakest level since 2015. The decline followed Colonial Pipeline freeze notices for cycles 58-60 north of Collins, Mississippi, while cycle 61 was allocated.

- Date: 2022-10-20 · published 2022-10-20T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/10936-us-gulf-coast-ulsd-differential-collapses-amid-colonial-pipeline-freeze-notice
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A pipeline freeze blocks shipments into the Southeast and cuts spot demand for barrels at the Gulf Coast, pushing the cash differential lower. Diesel users in the Southeast may see physical tightness ease even as futures remain elevated.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-03-27 | [Feature: US Gulf Coast naphtha heads to Asia amid fallen freight; glut of ULSD left onshore](https://feedsoft.ai/events/54331-feature-us-gulf-coast-naphtha-heads-to-asia-amid-fallen-freight-glut-of-ulsd.md) | -5.6% | -37.6% |
| DIESEL | 2021-09-15 | [U.S. Gulf Coast oil companies resume Ida recovery as Nicholas recedes \| Reuters](https://feedsoft.ai/events/45229-u-s-gulf-coast-oil-companies-resume-ida-recovery-as-nicholas-recedes-reuters.md) | +0.8% | +16.5% |
| DIESEL | 2019-05-30 | [Grain Journal \| U.S. Grain Transportation Costs to Mexico Decline](https://feedsoft.ai/events/59282-grain-journal-u-s-grain-transportation-costs-to-mexico-decline.md) | -9.9% | -0.1% |
| DIESEL | 2026-06-22 | [Bulk Freight Rates Ease 4.2% in June as a Fragile Iran Ceasefire Pulls Diesel Lower](https://feedsoft.ai/events/19022-bulk-freight-rates-ease-4-2-in-june-as-a-fragile-iran-ceasefire-pulls-diesel.md) | +2.7% | +31.7% |
| DIESEL | 2022-10-21 | [Distillate summary: Diesel gives back gains as strikes near end](https://feedsoft.ai/events/10939-distillate-summary-diesel-gives-back-gains-as-strikes-near-end.md) | +10.5% | -8.5% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/102022-us-gulf-coast-ulsd-differential-collapses-amid-colonial-pipeline-freeze-notice

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.