National gasoline prices have reached an average of $4.50 per gallon, while diesel prices surged past $6 per gallon for the first time amid the ongoing war in Iran.
U.S. retail diesel prices have climbed above $6.50 a gallon for the first time, stretching a war-fueled rally that is now pressing into nearly every corner of the economy. The national average reached $6.505 on Saturday, the American Automobile Association said.
The average retail price of diesel in the United States topped $6.50 per gallon this weekend amid a worsening global fuel crunch that threatens to hit economies, including the world’s largest. The national average diesel price jumped to $6.5050 per gallon as of Sunday, according to data from AAA.
The U.S. diesel average hit $6.51 a gallon on Sunday, up more than $2.80 from a year ago, with the pain spreading from trucking to groceries and home heating
U.S. distillate inventories hit their lowest level on record for this time of year, with storage lease data signaling tight supplies through at least early 2027
U.S. refineries have little room to absorb another supply shock as diesel prices keep climbing, an energy analyst told the Daily Caller News Foundation. The national average […]
U.S. diesel prices broke another record last week, topping $6.50 per gallon. In Europe, fuel prices are soaring, and shortages are looming over already struggling economies. There is simply not enough refining capacity in the world to make up for the loss of Middle Eastern and Russian barrels.
Diesel is the talk of the town, and for good reason: Prices of diesel fuel are at record highs in the United States, recently reaching an average of $6.53 per gallon. A year ago, they were averaging $3.69 per gallon, meaning they have skyrocketed roughly 77%.
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