# Diesel prices surge back above $5/gal national average | Overdrive

> The DOE/EIA national average for on-highway diesel rose 20.6 cents to $5.12 a gallon in the week ending Aug. 29. The largest increase was in the Midwest, where BP's Whiting refinery has been shut since Aug. 24 after a fire.

- Date: 2022-08-30 · published 2022-08-30T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/40242-diesel-prices-surge-back-above-5-gal-national-average-overdrive
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The Whiting outage removes a major Midwest refinery from supply, which can keep Midwest diesel and freight costs elevated. Higher transport costs flow into feed delivery prices.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- overdriveonline.com: https://www.overdriveonline.com/business/article/15296191/diesel-prices-surge-back-above-5gal-national-average

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