# Drop in diesel prices, improved supply give East Coast glimmer of hope - FreightWaves

> The EIA weekly report showed East Coast diesel inventories rising 1.21 million barrels to 20.4 million barrels, after declining in 13 of the prior 15 weeks. The East Coast retail diesel price was 33.1 cents above the national average of $5.613 a gallon, after a spread that had widened from 4.9 cents in late April.

- Date: 2022-05-18 · published 2022-05-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11769-drop-in-diesel-prices-improved-supply-give-east-coast-glimmer-of-hope
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Easing regional diesel tightness lowers freight and fuel costs for feed mill delivery and grain hauling, though the market remains tight nationally. Diesel is a key input cost for feed logistics, so a modest easing is mildly bearish for transport-related feed costs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-price-drop-rising-inventories-suggest-east-coast-relief-possible

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