Diesel prices may stay elevated into spring 2027, fuel executives warn
Energy and truck stop executives said limited refining and pipeline capacity could leave U.S. trucking fleets vulnerable to higher diesel prices in 2027.
JACKSONVILLE, Fla. — U.S. trucking companies could face elevated diesel prices through at least spring 2027, according to energy and truck stop executives speaking Tuesday at the WEX OTR Summit.
Geopolitical conflicts, refinery constraints and limited pipeline capacity continue to strain fuel supplies could continue to impact the trucking industry, according to Chuck Ryan, president and CEO of AMBEST, a nationwide network of independent truck stops and service centers.
Ryan said diesel prices are unlikely to decline significantly before spring, even if global crude oil prices retreat.
“I don’t see it coming down until spring, and that’s if things start to work out on the war front,” Ryan told FreightWaves and Transport Topics during an interview following the panel discussion.
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