Retail diesel prices are likely to rise following the wholesale surge. Gulf Oil's Chief Energy Adviser stated that the current price movements indicate the market does not believe Russian oil is likely to arrive.
Wednesday, October 21, 2026
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LA and SF Wholesale Diesel Prices Hit All Time Records
Commodities7 days ago
A surge of 52 cents per gallon in Los Angeles diesel costs on Oct 13 pushed wholesale prices to a new peak. San Francisco prices also hit record levels after rising 21 cents per gallon, with refinery maintenance contributing to the supply crunch. Other regional spikes included increases of 28 cents per gallon in Southern California, 25 to 30 cents in the Great Plains and Great Lakes, and 18 cents on the Gulf Coast and East Coast.
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