Posted 2/20/2024 15:38 (#10632283 - in reply to #10631919) Subject: RE: What’s with road diesel?
Fontanelle, IA
I talked with my Agriland FS fuel man about diesel price.
He basically said that there is a smaller diesel refinery that is undergoing some renovation/unfitting. It’s not a big plant at less than 1-2% of diesel production in the states BUT it is down for a while.
If this is the case, this just shows you the price inelasticity of supply shortfalls