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News Article
March 12, 2008
The Wall Street Journal

Diesel Demand Remains Strong

Some Refiners See Further Opportunity Despite Price Rise

Oil and gasoline prices are again at new highs. But many in the U.S. refining industry are focusing on prices for another key liquid: diesel.

Crude oil continues to set records, reaching $108.75 in New York futures markets yesterday and pulling up the price of refined products to their own historic highs. Gasoline rose to an average of $3.225 for a regular gallon as of Monday, a record price, according to the Department of Energy.

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