# Diesel Hits Three-Year High, Rises 3.2¢ to $3.028 a Gallon - TT

> The US average retail diesel price rose 3.2 cents to $3.028 per gallon, its highest level in three years. It was the fourth consecutive weekly increase, with six regions averaging above $3 per gallon. Gasoline also climbed.

- Date: 2018-01-16 · published 2018-01-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67180-diesel-hits-three-year-high-rises-3-2-to-3-028-a-gallon-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Sustained retail diesel gains raise trucking and feed delivery costs and signal firm distillate demand. Freight-linked costs for feed buyers are likely to stay elevated.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-hits-three-year-high-rises-32c-3028-gallon

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