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Another tough week at Idaho gas pumps

  • Drivers face record diesel prices and a national average near $4.15 a gallon this week, driven by global supply disruptions tied to the ongoing war with Iran and new U.S. efforts to secure heavy crude.
  • Tanker traffic through the Strait of Hormuz remains far below normal, while Gulf Coast refineries struggle with a mismatch between capacity for heavy crude and lighter shale oil produced domestically, said Matt Coday, president of the Oil and Gas Workers Association.
  • The administration secured a Venezuelan oil agreement that President Donald Trump, Vice President J.D. Vance, and Secretaries Hegseth and Rubio say will provide long-term heavy crude for Gulf Coast refineries and help replenish the Strategic Petroleum Reserve.
  • Fresh strikes on energy infrastructure pushed crude back toward $100 a barrel, adding upward pressure on fuel prices. Coday noted the administration is balancing competing pressures to prioritize American oil workers while managing consumer costs.
  • Trump publicly tied future fuel prices to the outcome of the war with Iran, claiming on Truth Social that oil prices will drop precipitously to $3 a gallon, and eventually below $2, once the conflict is won.
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19 Articles

NewsChannel 8 | KTULNewsChannel 8 | KTUL
+12 Reposted by 12 other sources
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Oil group says global supply shocks & US refinery limits are both driving pump pain

Drivers are again feeling the sting at the pump this week as the national average hovers near $4.15 a gallon and diesel prices reach record territory, amid cont

·Tulsa, United States
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Diesel crunch to sustain high prices, cut demand amid refinery outages

High diesel prices may elevate transportation costs, impacting goods pricing and economic activity, while fueling crude oil price speculation.

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KSNV broke the news on Tuesday, September 8, 2026.
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