# East Coast retail diesel prices moving significantly higher than overall US hikes - FreightWaves

> FreightWaves reports East Coast retail diesel prices are rising much faster than the national average. Allentown, PA reached $6.028/gal against $4.70 in Houston, a spread of $1.328. PADD 1 ULSD inventories were 56.5% of the five-year average for the week ended October 21.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/39315-east-coast-retail-diesel-prices-moving-significantly-higher-than-overall-us
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Regional diesel shortages in the Northeast raise trucking costs for feed distribution into a major consumption region. The inventory gap points to continued upward pressure on East Coast fuel prices.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-11-16 | [DOE/EIA average retail diesel price takes biggest jump in more than a year - FreightWaves](https://feedsoft.ai/events/50323-doe-eia-average-retail-diesel-price-takes-biggest-jump-in-more-than-a-year.md) | +7.0% | +20.8% |
| DIESEL | 2022-06-14 | [Diesel prices: The loss of US refining capacity is making things worse - FreightWaves](https://feedsoft.ai/events/41119-diesel-prices-the-loss-of-us-refining-capacity-is-making-things-worse.md) | +1.9% | -13.9% |
| DIESEL | 2021-10-25 | [DOE/EIA diesel price now up 30 cents in a month - FreightWaves](https://feedsoft.ai/events/44747-doe-eia-diesel-price-now-up-30-cents-in-a-month-freightwaves.md) | -2.2% | -10.1% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2020-11-27 | [Diesel markets closing out a strong November - FreightWaves](https://feedsoft.ai/events/50321-diesel-markets-closing-out-a-strong-november-freightwaves.md) | -0.4% | +7.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/east-coast-retail-diesel-prices-moving-significantly-higher-than-overall-us-hikes

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