Price pressures are now easing in the Great Lakes region, where wholesale gasoline and diesel prices are showing a moderate decline. The rollback in states including Illinois, Indiana, and Ohio follows a refinery-fueled supply snag that had driven regional price jumps of up to 30c/gal earlier in the week.
Tuesday, October 20, 2026
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Diesel Price Spikes Push Other Costs Higher After Californian Records
Commodities5 days ago
Costs for a range of unrelated goods and services are rising due to an increase in wholesale diesel fuel prices, Reuters reports. This broadening inflationary impact follows extreme regional volatility on Oct 13, when wholesale rates in Los Angeles surged 52c/gal and San Francisco rose 21c/gal. Refinery maintenance in California played a central role in those record-breaking spikes, which signaled to some analysts that the market does not believe Russian oil is forthcoming.
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