Very low diesel stockpiles and lower refining capacity since the pandemic have driven diesel prices in the United States higher to the point of reaching a record-high premium over gasoline and crude oil, The Wall Street Journal reports. The premium of diesel over gasoline has widened this year to over $1.
60 per gallon, up from a premium of just $0.23 a gallon over gasoline last year. Wholesale diesel at New York harbor also traded at a record premium to crude oil last month, the Journal says, citing EIA data. In a recent overview of the diesel…Diesel Price Premium To Gasoline And Crude Hits Record High
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