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Bloomberg reports that trucking fuel costs have risen sharply, and that IEA expects new IMO sulfur rules in about 16 months to lift diesel prices 20% to 30%. The article cites a Pennsylvania trucker whose diesel costs rose from $166 to $265 per route over two years.
Expected diesel increases from IMO compliance would raise trucking and freight costs for feed and grain distribution, squeezing transport margins.
energynow.comAug 15, 2018, by Erin DouglasAug 15, 2018After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% 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.
