# Benchmark diesel price drops again even as tanks are getting drier - FreightWaves

> The DOE/EIA benchmark diesel price fell 1.4 cents to $3.883 a gallon on May 22, the lowest since January 2022. US ULSD inventories were 95.6 million barrels, about level with a year earlier.

- Date: 2023-05-22 · published 2023-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36131-benchmark-diesel-price-drops-again-even-as-tanks-are-getting-drier-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Diesel benchmark declines lower trucking surcharges for feed delivery. Inventories near last year's levels limit how far prices can fall.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-drops-again-even-as-tanks-are-getting-drier

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