# Spot diesel prices at seven-year high, with California retail diesel at 2008 level | S&P Global

> Spot diesel prices reached roughly seven-year highs across US bulk markets, with Gulf Coast ULSD at $2.4076 per gallon on Nov. 8. California retail diesel hit $4.701 per gallon, the highest since 2008, and the national EIA retail price rose for an eighth straight week to $3.73.

- Date: 2021-11-09 · published 2021-11-09T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/44224-spot-diesel-prices-at-seven-year-high-with-california-retail-diesel-at-2008
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Multi-year highs in spot and retail diesel raise trucking and logistics costs for feed movement, supporting higher delivered feed prices.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-09-29 | [GLOBAL LNG-Asia spot prices hit 7-month high on rising demand, Europe supply worries](https://feedsoft.ai/events/34284-global-lng-asia-spot-prices-hit-7-month-high-on-rising-demand-europe-supply.md) | -12.8% | -8.4% |
| DIESEL | 2024-12-12 | [Global diesel prices to rely on refinery closures for support in 2025](https://feedsoft.ai/events/27158-global-diesel-prices-to-rely-on-refinery-closures-for-support-in-2025.md) | +1.1% | +12.9% |
| DIESEL | 2018-05-18 | [Here’s why diesel prices are aiming for record highs - MarketWatch](https://feedsoft.ai/events/65187-here-s-why-diesel-prices-are-aiming-for-record-highs-marketwatch.md) | -1.0% | -9.0% |
| DIESEL | 2019-06-10 | [New marine fuel rules to boost diesel prices for at least a year: analysts](https://feedsoft.ai/events/58772-new-marine-fuel-rules-to-boost-diesel-prices-for-at-least-a-year-analysts.md) | +0.2% | +3.9% |
| 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% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/110921-spot-diesel-prices-at-seven-year-high-with-california-retail-diesel-at-2008-level

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