Front month ULSD broke the $4 handle for a brief moment on Tuesday only to close well above the lows of the day. That momentum carried into Wednesday taking back about half the losses from the week. We still sit about $.10 lower than where we ended Friday. The large daily swings in the market are being fueled by news wires both here and abroad. As mentioned last week, it appears that some real steps are being taken towards peace in both Ukraine and Iran. Which by all accounts has added roughly $2 to diesel pricing and about $1.50 to gasoline. Although gasoline appears to be under much more pressure since the beginning of the month as it has lost roughly $.40 in value. Better for us at the pumps. Still the constant reports of drone, or militant attacks either in the Straits or Russia have kept ULSD futures from breaking below the $4 support level. Again, with Republicans licking their wounds, and almost certain to lose any military funding, it leaves them 45 days to get an Iran deal done. Which theoretically, should push pricing to more normal levels. It is at least a definite possibility.