By Dan MolinskiTwo of the U.S.'s largest truck stop chains, Love's and Pilot, said Thursday they are closely watching low diesel fuel supplies in the Northeast amid growing concerns of industry-wide shortages, but said they have no plans to restrict purchases. We are also undertaking contingency planning to continue to have a steady source of diesel fuel." AAA said the average price for a gallon of diesel fuel in the U.S. hit another all-time high on Thursday, at $5.56 compared to $3.14 a year ago. Another reason for the drop in U.S. diesel fuel inventories is that exports of the fuel have risen sharply in recent months despite the low stockpiles. U.S. refinery runs now are at 15.7 million barrels a day compared to the 2015-19 average of 16.4 million, Mr. Smith said.

Source: Wall Street Journal May 28, 2022 04:36 UTC