NEWSNATIONNOW (Andrew Dorn) - Diesel is over $6 in 49 states: Where prices are highest and lowest
California has the most expensive diesel in the U.S. at an average of $8.42 per gallon, according to AAA.
YOUTUBE (LiveNOW from FOX) - Trump faces record diesel prices as Iran war drives fuel costs higher
Record-high fuel prices are putting pressure on American drivers as the war with Iran disrupts global oil supplies. AAA reported the national average for a gallon of regular unleaded is $4.31. For diesel, the national average is $6.23 per gallon, according to AAA. LiveNOW’s Andy Mac spoke with Gas Buddy’s Patrick De Haan as diesel prices climb above $6 a gallon and gasoline prices reach record levels.
NEWSNATIONNOW (Andrew Dorn) - Diesel hits $6 for first time. What it could mean for the economy
At $6.05 a gallon, diesel is up more than 60% from a year ago, according to AAA.
THEAMERICANCONSERVATIVE (Spencer Neale) - U.S. Diesel Prices Hit Record High
State of the Union: The Iran War has driven all energy prices higher, but diesel has been hit particularly hard. The post U.S. Diesel Prices Hit Record High appeared first on The American Conservative .
U.S. diesel prices hit a record high on Friday, hitting $6.06 a gallon according to motorist group AAA. The price jumped from $5.98 on Thursday and $5.85 a week ago. The Iran war is the biggest factor in the surge in prices as crude oil traffic through the Strait of Hormuz continues to be limited. “This has been not a spike but a sustained grind higher,” the energy analyst Rory Johnston told the Financial Times. “We don’t really have anywhere near enough diesel on the market.” Farmers and the agriculture sector feel the brunt of the soaring prices. Diesel oil powers combines, tractors, and irrigation equipment. Businesses that rely on delivery services are also feeling the pain, absorbing higher freight costs inevitably…Open
AXIOS (Nathan Bomey) - Record diesel prices stoke food inflation, transportation costs
The record price of diesel threatens to stoke inflation at a time when consumers are already price-sensitive and businesses are reeling from higher costs due to trade tensions. Why it matters: Diesel is a key cost throughout the supply chain, meaning soaring prices could eventually show up in what consumers pay for everything from groceries to household goods. Driving the news: The national average price of a gallon of diesel topped $6 for the first time ever, AAA said Friday, Axios' Ben Berkowitz reports . - That's up 60% from a year earlier. Between the lines: Food prices could be among the first places consumers feel the ripple effects, executives said this week. - At grocery chain Kroger, which has been trying to keep a lid on…
The record price of diesel threatens to stoke inflation at a time when consumers are already price-sensitive and businesses are reeling from higher costs due to trade tensions. Why it matters: Diesel is a key cost throughout the supply chain, meaning soaring prices could eventually show up in what consumers pay for everything from groceries to household goods. Driving the news: The national average price of a gallon of diesel topped $6 for the first time ever, AAA said Friday, Axios' Ben Berkowitz reports . - That's up 60% from a year earlier. Between the lines: Food prices could be among the first places consumers feel the ripple effects, executives said this week. - At grocery chain Kroger, which has been trying to keep a lid on…Open
AXIOS (Ben Berkowitz) - Diesel hits $6 a gallon for the first time, fueling more inflation
The national average price of a gallon of diesel jumped over $6 for the first time ever, AAA said on Friday. Why it matters: The fuel that runs the economy is getting more expensive by the day, costing businesses and consumers alike billions of dollars. - While the $6 threshold is more psychological than anything else, it points to months of continued pain for drivers, shippers and shoppers. Data: AAA; Chart: Ben Geman/Axios Driving the news: At $6.0556 a gallon, diesel is about 14% more expensive than it was a month ago and over 60% more than a year ago. - That is starting to show up in other prices, as has long been feared; inflation data out Thursday showed sharp spikes in transportation and warehousing costs, for example. Stunning…
The national average price of a gallon of diesel jumped over $6 for the first time ever, AAA said on Friday. Why it matters: The fuel that runs the economy is getting more expensive by the day, costing businesses and consumers alike billions of dollars. - While the $6 threshold is more psychological than anything else, it points to months of continued pain for drivers, shippers and shoppers. Data: AAA; Chart: Ben Geman/Axios Driving the news: At $6.0556 a gallon, diesel is about 14% more expensive than it was a month ago and over 60% more than a year ago. - That is starting to show up in other prices, as has long been feared; inflation data out Thursday showed sharp spikes in transportation and warehousing costs, for example. Stunning…Open
JUSTTHENEWS (Ben Whedon) - Trump insists gas will drop to $2 per gallon after midterms
As of press time, AAA reports the average price of a gallon of gas to be $4.22.
YOUTUBE (MS NOW) - Travelers face higher costs and heavier traffic this Labor Day: AAA
Marc Santia joins Peter Alexander from LaGuardia Airport in New York City to share the latest travel updates this Labor Day weekend.
AXIOS (Ben Geman) - Trump's energy boss wavers on gasoline price path
Energy Secretary Chris Wright on Sunday cautiously predicted gasoline price relief is on the way, but stopped short of firm or precise pledges. Why it matters: Pump prices are at their highest Labor Day weekend levels on record, and the midterms loom less than two months away. - His appearances on Sunday political shows also comes as diesel prices, which ripple through the economy, are at all-time highs . "I think prices headed downward is — is not an unreasonable expectation," he said on CBS's "Face the Nation." State of play: On that show and others, Wright noted that U.S. gasoline demand typically falls after Labor Day with the end of the traditional summer driving season. - He also promoted recent administration moves to ease some…
Energy Secretary Chris Wright on Sunday cautiously predicted gasoline price relief is on the way, but stopped short of firm or precise pledges. Why it matters: Pump prices are at their highest Labor Day weekend levels on record, and the midterms loom less than two months away. - His appearances on Sunday political shows also comes as diesel prices, which ripple through the economy, are at all-time highs . "I think prices headed downward is — is not an unreasonable expectation," he said on CBS's "Face the Nation." State of play: On that show and others, Wright noted that U.S. gasoline demand typically falls after Labor Day with the end of the traditional summer driving season. - He also promoted recent administration moves to ease some…Open
YOUTUBE (NewsNation) - Amid record-high gas prices, millions of Americans prepare to travel for Labor Day
While 17 million are expected to fly, according to TSA, 50 million are expected to drive to celebrate the Labor Day weekend, according to AAA. Travel times are expected to peak between 1 p.m. and 5 p.m. Saturday. NewsNation's Marcus Espinoza reports from Newark Liberty International Airport. Start your day with "Morning in America," NewsNation's live three-hour national weekend morning newscast hosted by Anna Kooiman. Saturday and Sunday starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.