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Major Southeast fuel retailers, including Racetrac, Love's and Pilot Flying J, reported growing numbers of outlets without diesel as the Colonial shutdown entered its sixth day. Racetrac alone listed about 65 of roughly 750 outlets with no diesel.
Diesel shortages in the Southeast raise trucking costs and risk delays to feed and grain deliveries in the region. The shortage strengthens the diesel price outlook while the pipeline stays closed.
freightwaves.comJohn KingstonMay 12, 2021After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
