California truckers face the nation’s highest diesel prices Spot market CARB diesel hovers near late-2014 prices Spot diesel prices are hovering near 2014 highs across major US trading regions, while California truck drivers are struggling with retail market prices unseen since just before the 2008 recession, according to federal data released Nov. 8. S&P Global Platts assessed Los Angeles CARB diesel up 1.15 cents at $2.5571/gal and San Francisco CARB diesel up the same amount at $2.7271/gal. The San Francisco spot market price was the highest in the nation, and last higher at $2.7288/gal Oct. 8, 2014, after about three years of much higher outright prices. The outright prices were close to seven-eight-year highs across the US spot markets that trade in bulk 25,000-barrel lots, with the benchmark Gulf Coast ULSD gaining 1.10 cents to $2.4076/gal […]