Amazing. In only a period of weeks, #2 diesel fuel prices have tumbled ~35% to under $3/gallon here in Minnesota.

I am looking forward to demand picking back up, and burning alot of this cheaper fuel this winter. (Right now, our volume of business has dropped off dramatically, the last two weeks at 1/3 of normal.)

When prices go up, we all look for answers why...so, when prices drop dramatically, there is less pain, but it makes sense to understand why.

Is it all about reduced demand, creating a surplus of supply?