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US Diesel Prices Rise Past $6 a Gallon for First Time Ever
- On Friday, the U.S. national average diesel price reached $6 per gallon for the first time in history, according to GasBuddy data, marking a record high that surpasses the previous $5.82 record set in June 2022.
- Conflict between the U.S. and Israel against Iran, coupled with Ukrainian attacks on Russian refineries, disrupted shipping through the Strait of Hormuz, which previously carried roughly one-fifth of global oil supply.
- Energy Information Administration data shows U.S. diesel inventories stand 13% below their five-year average, while Andy Lipow, president of Lipow Oil Associates, noted the world has lost nearly 8% of its diesel supply.
- GasBuddy analyst Patrick De Haan warned that record diesel prices will "reignite inflation up and down the supply chain," with the spike already costing Americans more than $46 billion since the war in Iran began.
- Rising fuel costs create a political headache for President Donald Trump and Republican lawmakers as they defend thin congressional majorities in November's midterm elections, with analysts expecting these costs to reach consumers over the next several weeks.
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121 Articles
121 Articles
Diesel exceeds $6 per gallon in the United States for the first time
·Montreal, Canada
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Texas, California, and 26 Other States Hit Record High Diesel Prices, As Diesel Passes $6 A Gallon For The First Time Ever
Four simultaneous disruptions to the global fuel supply hit American truckers, farmers, and consumers at once, and experts warn the pain at the pump is nowhere near its peak.
·Lakewood, United States
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The price of diesel in the United States first exceeded the US$6 per gallon barrier this Friday, driven by the war in the Middle East, by rising oil prices and by Ukrainian attacks on Russian refineries. The gallon (3.78 liters) was sold on average at US$6.06 (R$30.90), according to data from the American Automobile Association (AAA). No increase: Petrobras will not raise the price of gasoline in refineries. In the bomb, it can be 2% Oil shoots:…
·Rio de Janeiro, Brazil
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Coverage Details
Total News Sources121
Leaning Left20Leaning Right19Center29Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
Factuality
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