As debate begins on Trump 47's impact on oil, diesel benchmark hits 3-year low [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
surcharges fell this week for the third time in four weeks to levels not seen in more than three years. The Department of Energy/Energy Information Administration average retail price posted Tuesday fell 1.5 cents a gallon to $3.521. It is the lowest price since a $3.477-per-gallon price on Oct. 4, 2021. The most recent low had been $3.526 on Sept. 16. The release of the price was delayed one day due to the Veterans Day observance. There was no obvious movement in the price of ultra low sulfur diesel (ULSD) on the CME commodity exchange that could be tied directly to the reelection of Donald Trump. The price of ULSD did hit its recent high of $2.3042 a gallon on Tuesday and has moved lower since, settling Monday at $2.1976 before a small rebound Tuesday to $2.2108. But given that those prices are all in the range where ULSD has found itself recently, it's difficult to make a correlation between recent futures price movement and the election. One factor helping to push down pri
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