FTC looks into Plains states’ diesel fuel price hike

US Federal Trade Commission monitors of gasoline and diesel fuel prices have detected sudden price increases for diesel during the last 2 weeks in the Mississippi River Valley from Arkansas to Minnesota and westward to the Dakotas.Diesel prices in the US Heartland have climbed to a virtual tie with the West, which traditionally leads the US, as customers pay roughly 12¢/gal more than elsewhere in the Midwest, FTC said on Aug. 15.The agency sourced the increases to the continuing conversion to ultralow-sulfur diesel (ULSD) fuel, unusually high demand due to greater irrigation pump use during drought conditions, and refinery production problems.The new diesel fuel regulations ordered b...

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