# US Gulf Coast refined product prices ahead of Hurricane Ida | S&P Global

> US Gulf Coast refined product prices jumped to multi-month highs on August 27 as Hurricane Ida approached the region. ULSD reached a near four-month high and jet fuel rose to its highest since late April. Phillips 66 was shutting its Alliance refinery ahead of the storm.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/45746-us-gulf-coast-refined-product-prices-ahead-of-hurricane-ida-s-and-p-global
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Buyers rushing to secure barrels ahead of refinery shutdowns push cash diesel prices up, raising trucking and farm-fuel costs. The price spike reflects storm-driven supply risk rather than a lasting demand change.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-02-15 | [Higher diesel prices likely as freeze shuts down Gulf Coast refineries - FreightWaves](https://feedsoft.ai/events/48826-higher-diesel-prices-likely-as-freeze-shuts-down-gulf-coast-refineries.md) | +4.9% | +9.7% |
| DIESEL | 2017-08-31 | [Global fuel prices rise as Harvey's effects ripple  beyond U.S. Gulf](https://feedsoft.ai/events/8391-global-fuel-prices-rise-as-harvey-s-effects-ripple-beyond-u-s-gulf.md) | +7.1% | +8.9% |
| DIESEL | 2022-06-30 | [Peak hurricane season looms with no room for U.S. refining outages \| Reuters](https://feedsoft.ai/events/41117-peak-hurricane-season-looms-with-no-room-for-u-s-refining-outages-reuters.md) | -7.9% | -8.5% |
| DIESEL | 2020-08-23 | [Oil Gains as U.S. Gulf Output and Refineries Halted Before Storm - Bloomberg](https://feedsoft.ai/events/51786-oil-gains-as-u-s-gulf-output-and-refineries-halted-before-storm-bloomberg.md) | +0.4% | -7.3% |
| DIESEL | 2018-01-05 | [Oil And Gas Run Low As East Coast Sees Record Snowfall \| OilPrice.com](https://feedsoft.ai/events/7025-oil-and-gas-run-low-as-east-coast-sees-record-snowfall-oilprice-com.md) | -0.1% | -1.0% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/082721-us-gulf-coast-refined-product-prices-ahead-of-hurricane-ida

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