# As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low - FreightWaves

> The EIA average retail diesel price fell 1.5 cents to $3.521 a gallon, the lowest since October 2021. ULSD futures moved within their recent range, and the article links the decline partly to a strengthening US dollar.

- Date: 2024-11-12 · published 2024-11-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27581-as-debate-begins-on-trump-47-s-impact-on-oil-diesel-benchmark-hits-3-year-low
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar pressures dollar-priced energy and, by extension, fuel and freight costs, supporting lower diesel prices for feed transport.

## Read by commodity

- DXY: bullish ▲
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/as-debate-begins-on-trump-47s-impact-on-oil-diesel-benchmark-hits-3-year-low

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