# 1-week surge in DOE/EIA benchmark diesel price among biggest ever - FreightWaves

> The DOE/EIA benchmark US diesel price rose 22.2 cents a gallon in the week effective July 31, lifting it to $4.127 a gallon, the highest since March 27. The price has risen 36 cents over four weeks. Analysts note that a one-week jump of this size is rare and was not tied to a specific news event.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/35244-1-week-surge-in-doe-eia-benchmark-diesel-price-among-biggest-ever-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Diesel is a major input to freight and fuel surcharges, so a sharp rise lifts transport costs for feed mills and raises the cost of delivered feed ingredients. The momentum suggests continued upward pressure on diesel and related fuel costs.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/1-week-surge-in-doe-eia-benchmark-diesel-price-among-biggest-ever

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