Higher Prices, Spot Shortages Expected with Diesel Fuel Spec Change

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Indus­try experts warn that the tran­si­tion from 500 ppm sul­fur diesel to 15 ppm ultra low sul­fur diesel (ULSD), set to occur Octo­ber 15, 2006, will bring spot short­ages and high­er prices. The change is set to take place dur­ing hur­ri­cane sea­son and at a time when diesel prices move upward as oil mar­kets pre­pare to sup­ply heat­ing oil.

Background
Heat­ing oil is allowed 3,000 ppm sul­fur