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Biden Energy Agency Quietly Starts Manipulating Weekly “On Highway Diesel Fuel Prices”, Looks Like an Effort to Block Higher Fuel Surcharges and Control Transportation Inflation
[Hat Tip Mailroom] This is a very interesting little bureaucratic energy issue with big downstream ramifications.
Almost every transportation and manufacturing company uses the U.S. Energy Information Administration (EIA) “weekly publication of average diesel prices” in order to calculate shipping costs. According to people in the industry, “this national average is what almost every trucking and logistics company bases their fuel surcharges on.”
However, on June 13th the U.S. Department of Energy, Energy Information Administration, stopped reporting the average weekly diesel price. For almost a month companies have been using an outdated average price in order to calculate shipping costs and fuel surcharges. [See Screengrab]
Biden Energy Agency Quietly Starts Manipulating Weekly "On Highway Diesel Fuel Prices", Looks Like an Effort to Block Higher Fuel Surcharges and Control Transportation Inflation - The Last Refuge
[Hat Tip Mailroom] This is a very interesting little bureaucratic energy issue with big downstream ramifications. Almost every transportation and manufacturing company uses the U.S. Energy Information Administration (EIA) “weekly publication of average diesel prices” in order to calculate...
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