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US diesel prices averaged just under $3 a gallon early in 2018, peaked the week of October 15, then fell for 11 straight weeks by year end while remaining above year-earlier levels. Prices were highest on the West Coast and lowest on the Gulf Coast.
The article is a year-in-review of the factors driving fuel prices.
The year-end decline in diesel prices lowers trucking costs for feed deliveries heading into 2019, though regional differences affect delivered costs.
ttnews.comDec 24, 2018After 86 past bearish report events, ULSD / Diesel moved a median -0.9% over 5 sessions (37% higher; middle half -4.3% to +0.9%), and +0.4% 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.
