Higher Diesel Prices Com­ing?

Diesel World - - News -

Ac­cord­ing to in­dus­try ex­perts, the lower sul­fur stan­dards that loom for ma­rine fu­els in 2020 will have a trickle-down ef­fect on the diesel we buy at the lo­cal fill­ing sta­tion. In a reg­u­la­tion agreed upon by the In­ter­na­tional Mar­itime Or­ga­ni­za­tion, ma­rine diesel will be re­quired to con­tain a max­i­mum sul­fur con­tent of 0.5 per­cent (vs. 3.5 per­cent at the present time) by Jan­uary 1, 2020. Cur­rently, ships op­er­at­ing in in­ter­na­tional wa­ters are al­lowed to burn high-sul­fur diesel. Once these ves­sels are re­quired to use the lower sul­fur fuel, sup­ply and de­mand for ULSD will change and likely re­sult in in­creased prices at the pump.

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