# Strong demand for diesel leads to high prices and tight inventories going into winter -
		U.S. Energy Information Administration (EIA)

> The EIA reported that U.S. ULSD inventories fell to 25 days of supply in October, the lowest since 2008, due to strong demand and reduced global production. The New York Harbor ULSD spot price averaged $4.36 per gallon that month. Refinery capacity losses and seasonal heating demand are cited as causes.

- Date: 2022-11-10 · published 2022-11-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/38874-strong-demand-for-diesel-leads-to-high-prices-and-tight-inventories-going-into
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tight distillate supplies heading into winter raise the risk of high diesel prices, which increase freight and feed production costs. The implication is bullish for diesel.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-04-19 | [EIA expects summer U.S. real gasoline and diesel prices to be the highest since 2014 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/8172-eia-expects-summer-u-s-real-gasoline-and-diesel-prices-to-be-the-highest-since.md) | +5.7% | +12.9% |
| DIESEL | 2016-12-20 | [Diesel prices hit 2016 high, according to Energy Information Administration - Logistics Management](https://feedsoft.ai/events/73649-diesel-prices-hit-2016-high-according-to-energy-information-administration.md) | +2.6% | -3.0% |
| DIESEL | 2025-09-24 | [U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/23067-u-s-total-distillate-inventories-forecast-to-end-2025-and-2026-at-multiyear.md) | -0.1% | -5.3% |
| DIESEL | 2025-09-17 | [Summer diesel margins tighten with European supply shift -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/23066-summer-diesel-margins-tighten-with-european-supply-shift-u-s-energy-information.md) | -2.6% | -8.1% |
| DIESEL | 2017-05-30 | [U.S. Energy Information Administration Projects Diesel Fuel Consumption Increase on Growing Freight Transport Demand \| Supply & Demand Chain Executive](https://feedsoft.ai/events/71186-u-s-energy-information-administration-projects-diesel-fuel-consumption-increase.md) | -7.1% | -11.9% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=54619

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