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News
Why Diesel Is Breaking the Economy – A Refining Crisis
12+ hour, 10+ min ago (296+ words) Last week, the price of diesel in the US hit $5.85 a gallon, beating the record of June 2022. This sharp rise in fuel price threatens everything from food prices to bond yields. The margin between crude oil and the price of…...
US diesel hits record $5.98 as Iran war drives up costs from milk to lumber
12+ hour, 55+ min ago (599+ words) AAA says the national average for diesel reached an unprecedented $5.98 per gallon on September 10, a new high for a fuel whose effects stretch well beyond filling stations. The increase is likely to reach people who never purchase diesel directly, showing…...
Energy expert: 8 key factors driving gasoline and diesel prices higher
22+ hour, 24+ min ago (75+ words) Energy expert Hashim Aqel revealed on Sunday eight key factors driving increases in fuel prices, particularly gasoline and diesel.Aqel told Ammon News that higher gasoline and diesel prices do not necessarily mean that crude oil prices alone have risen....
Texas business says record diesel prices are 'derailing' projects, and could raise food costs
1+ day, 8+ hour ago (524+ words) In Waco, businesses that transport essential materials and goods are facing new strain as diesel hits record levels. The impact is likely to extend beyond trucking firms, since diesel underpins freight movement nationwide and can feed into grocery bills and…...
How Fuel Volatility Is Triggering A Supply Crunch On Trailers
2+ day, 7+ hour ago (371+ words) Hooman Yazhari is the CEO of TEN, the largest provider of trailer leasing and maintenance services in North America. Financial pressure has been building across the trucking industry for years for various reasons. Freight rates have recovered enough to give…...
US diesel prices jump 61% to $5.98 amid Iran tensions, crude oil rise
3+ day, 7+ hour ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
GasBuddy: Record $6 diesel is 'unavoidable' amid Iran oil disruptions
3+ day, 7+ hour ago (22+ words) The Oklahoman GasBuddy: Record $6 diesel is 'unavoidable' amid Iran oil disruptions...
Diesel Prices rising faster than Crude Oil Itself
3+ day, 12+ hour ago (140+ words) NC Scout is the nom de guerre of a former Infantry Scout and Sergeant in one of the Army’s best Reconnaissance Units. He has combat tours in both Iraq and Afghanistan. He teaches a series of courses focusing on small…...
RHA warns Budget must protect hauliers as oil price tops $100 a barrel
3+ day, 20+ hour ago (623+ words) RHA is calling for Chancellor John Healey to take action to support the haulage industry in his first Budget next month, as rising energy and food costs continue to put pressure on transport operators. Pointing to oil prices rising above…...
What the record-high cost of diesel means for you
3+ day, 21+ hour ago (559+ words) Diesel prices hit an all-time high on Friday. Then another, and another. According to AAA, the average price of diesel now stands at a staggering $5.94 — about $2.27 more than in late February, when the United States and Israel launched a war…...