# DOE/EIA diesel price now up 30 cents in a month - FreightWaves

> The DOE/EIA weekly average retail diesel price rose 4.2 cents to $3.713 a gallon, adding 30.7 cents over four weeks and reaching its highest level since October 2008. Analysts cited in the report expect oil prices to stay high for longer due to underinvestment in new supply.

- Date: 2021-10-25 · published 2021-10-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/44747-doe-eia-diesel-price-now-up-30-cents-in-a-month-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Diesel is the benchmark for trucking fuel surcharges, so sustained increases raise feed transport costs for buyers. The rally in diesel and crude signals tight distillate supply and supports higher energy-linked costs across feed logistics.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-06-28 | [New streak underway: DOE/EIA diesel price up 9th straight week - FreightWaves](https://feedsoft.ai/events/46785-new-streak-underway-doe-eia-diesel-price-up-9th-straight-week-freightwaves.md) | +1.5% | +0.3% |
| DIESEL | 2022-08-29 | [9-week decline in DOE/EIA diesel price ends on big jump - FreightWaves](https://feedsoft.ai/events/40235-9-week-decline-in-doe-eia-diesel-price-ends-on-big-jump-freightwaves.md) | -9.6% | -21.6% |
| 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 | 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% |
| DIESEL | 2026-10-28 | [Diesel prices may stay elevated into spring 2027, fuel executives warn  - FreightWaves](https://feedsoft.ai/events/273-diesel-prices-may-stay-elevated-into-spring-2027-fuel-executives-warn.md) | -4.2% | — |
| WTI | 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) | +5.1% | +17.5% |
| WTI | 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) | +0.1% | +5.6% |
| WTI | 2021-01-07 | [Diesel market in 2021: Something closer to normalcy likely on tap - FreightWaves](https://feedsoft.ai/events/49327-diesel-market-in-2021-something-closer-to-normalcy-likely-on-tap-freightwaves.md) | +4.6% | +11.3% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/doe-eia-diesel-price-now-up-30-cents-in-a-month

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