# Traders scramble to avert fuel shortages in US and Mexico

> Traders bought gasoline and diesel from Europe, Singapore and Canada to cover shortages in the US, Mexico and Brazil after Harvey shut about a quarter of US refining capacity. The Colonial Pipeline was set to shut its main Northeast lines due to lack of supply.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/8394-traders-scramble-to-avert-fuel-shortages-in-us-and-mexico
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Fuel shortages and rerouted cargoes raise prices for diesel and crude across the Americas. Higher fuel costs also feed into freight and logistics expenses for feed.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-01-09 | [Oil settles up 1% as cold weather in US, Europe drives winter fuel demand \| Reuters](https://feedsoft.ai/events/10347-oil-settles-up-1-as-cold-weather-in-us-europe-drives-winter-fuel-demand-reuters.md) | +11.3% | +3.2% |
| DIESEL | 2026-10-06 | [Margins Tighten for Producers Amid Feed and Fuel Cost Increases - NMPF](https://feedsoft.ai/events/17118-margins-tighten-for-producers-amid-feed-and-fuel-cost-increases-nmpf.md) | +5.0% | +3.3% |
| DIESEL | 2024-12-30 | [Oil rises on diesel demand boost in sparse holiday trade \| Reuters](https://feedsoft.ai/events/27157-oil-rises-on-diesel-demand-boost-in-sparse-holiday-trade-reuters.md) | +5.6% | +10.3% |
| DIESEL | 2017-08-28 | [As Harvey Rages in Texas, Diesel Starts to Climb - TT](https://feedsoft.ai/events/8389-as-harvey-rages-in-texas-diesel-starts-to-climb-tt.md) | +8.4% | +14.3% |
| DIESEL | 2026-02-02 | [Market Talk \| Energy Markets Stumble As Diesel Plunges And Winter Storms Stress The Grid](https://feedsoft.ai/events/5920-market-talk-energy-markets-stumble-as-diesel-plunges-and-winter-storms-stress.md) | -8.6% | +13.1% |
| BRENT | 2025-01-09 | [Oil settles up 1% as cold weather in US, Europe drives winter fuel demand \| Reuters](https://feedsoft.ai/events/10347-oil-settles-up-1-as-cold-weather-in-us-europe-drives-winter-fuel-demand-reuters.md) | +7.8% | -2.7% |
| BRENT | 2024-09-12 | [Oil rises 2% as storm batters US Gulf of Mexico production](https://feedsoft.ai/events/10166-oil-rises-2-as-storm-batters-us-gulf-of-mexico-production.md) | +5.1% | +9.0% |
| BRENT | 2024-12-30 | [Oil rises on diesel demand boost in sparse holiday trade \| Reuters](https://feedsoft.ai/events/27157-oil-rises-on-diesel-demand-boost-in-sparse-holiday-trade-reuters.md) | +3.8% | +4.4% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2017/08/traders-scramble-to-avert-fuel-shortages-in-us-and-mexico/

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