Diesel Supplies Remain Constricted Compared With Gasoline
iesel fuel supplies remain tighter than gasoline even as prices have eased in the past month, and the trucking industry has had difficulty passing on some associated costs, the Wall Street Journal reported Monday.
Because U.S. refiners are more geared toward producing gasoline than diesel, and with strong demand abroad keeping diesel imports to a minimum, supplies are constricted, the Journal reported, citing the American Petroleum Institute and other analysts.
Gasoline imports surged more than 50% in the wakes of Hurricanes Katrina and Rita in September and October, the paper said, but diesel imports showed little or no growth.
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