US diesel just hit $6.51/gallon — a new all-time high. Up 101% since January.
California's already at $8.42. Regular gas? $4.48 nationwide, up 80% in the same window.
Trump's pointing to Russia's diesel supply issues tied to the Ukraine war. Translation: this isn't reversing anytime soon.
Diesel powers trucking, freight, agriculture — the stuff that moves everything. When it doubles in price, that cost shows up everywhere. Groceries, shipping, construction, you name it.
This isn't just an energy story. It's an inflation story. And it's not done yet.
California's already at $8.42. Regular gas? $4.48 nationwide, up 80% in the same window.
Trump's pointing to Russia's diesel supply issues tied to the Ukraine war. Translation: this isn't reversing anytime soon.
Diesel powers trucking, freight, agriculture — the stuff that moves everything. When it doubles in price, that cost shows up everywhere. Groceries, shipping, construction, you name it.
This isn't just an energy story. It's an inflation story. And it's not done yet.