# U.S. diesel shortage shows economy hitting capacity limit

> US distillate fuel oil inventories fell by more than 2 million barrels in the latest week, according to EIA data. The article describes a worsening diesel shortage that suggests the economy is hitting capacity limits.

- Date: 2022-08-05 · published 2022-08-05T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40241-u-s-diesel-shortage-shows-economy-hitting-capacity-limit
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling distillate stocks tighten the US diesel supply and support higher pump and freight prices. Transport costs for feed ingredients would rise with them.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-03-11 | [Global diesel shortage raises risk of oil price spike](https://feedsoft.ai/events/4721-global-diesel-shortage-raises-risk-of-oil-price-spike.md) | +5.0% | +1.3% |
| DIESEL | 2017-07-31 | [Growing Economy Boosts Fuel Demand to Decade High - TT](https://feedsoft.ai/events/70145-growing-economy-boosts-fuel-demand-to-decade-high-tt.md) | +0.4% | -0.9% |
| DIESEL | 2020-10-21 | [Shifting diesel inventories could impact fuel costs for carriers - FreightWaves](https://feedsoft.ai/events/50826-shifting-diesel-inventories-could-impact-fuel-costs-for-carriers-freightwaves.md) | -1.4% | +5.4% |
| DIESEL | 2023-02-02 | [U.S. diesel stocks start the year critically low \| Reuters](https://feedsoft.ai/events/37501-u-s-diesel-stocks-start-the-year-critically-low-reuters.md) | -2.7% | -3.7% |
| DIESEL | 2019-01-19 | [FreightWaves oil report: a U.S. government agency makes a specific estimate how IMO2020 will hit diesel prices - FreightWaves](https://feedsoft.ai/events/61268-freightwaves-oil-report-a-u-s-government-agency-makes-a-specific-estimate-how.md) | -3.9% | +4.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/us-diesel-shortage-shows-economy-hitting-capacity-limit-2022-08-04/

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