East Coast Diesel Prices Are Soaring

OilPrice.com | Oct 31, 2022 at 2:30 PM
  • Weekly statistical data reported by the EIA this week had PADD 1 inventories of ultra low sulfur diesel at 21.3 million barrels for the week ended Oct. 21, a more than 7% decline in just one week.
  • Tight supplies on the East Coast were also driven home this week by a Supply Alert published by Mansfield Oil Co., a leading supplier of wholesale fuels to the East Coast and other parts of the country.
  • It is being replaced by a renewable diesel facility that will produce 18,000 barrels a day of that product.