US Average Diesel Price Rises To Record $5.90 Per Gallon
U.S. diesel prices surged to a record $5.90, up 30 cents in a week, as war-related damage to Gulf refineries and Strait of Hormuz shipping disruptions tightened supply.
- On Monday, the AAA reported that United States diesel prices hit a record $5.9015 per gallon, around 30 cents higher than one week earlier.
- Damage to Gulf refineries and disrupted tanker shipments through the Strait of Hormuz amid the war with Iran have restricted supplies during the conflict.
- Regular gasoline averaged $4.15 on Labor Day, up from $3.20 one year ago, while Western states face steeper costs with California at $5.86 and Arizona at $4.54.
- Farmers and truckers face pressure from higher fuel costs, which could be passed to Americans; Lagos Diesel prices rose from $3.71 one year ago.
- President Donald Trump faces political pressure ahead of November midterm elections, though the ongoing war against Tehran continues to impact fuel prices despite his vows to tackle living costs.
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Diesel prices reach all-time high in Missouri and nationwide
COLUMBIA, Mo. (KMIZ) Diesel prices have reached all-time highs nationally, statewide and in Columbia on Labor Day, with averages roughly 60% higher than they were one year ago. The national diesel average reached about $5.90 per gallon Monday, according to AAA. That is up from $5.60 one week ago and about $3.71 one year ago
Gas oil touches $ 5.9 per gallon, only a year ago in the United States it cost $3.7. The stakes are particularly high as the Midterm judgment approaches
The price of this fuel, widely used in road transport, agriculture and construction, reached $5,9015, according to the AAA, about 30 cents more than the average of just a week earlier.
US average diesel price rises to record $5.90 a gallon: AAA
Average diesel prices in the United States climbed to a new record Monday, the motorists' association AAA said, as damage to Gulf refineries during the war against Iran disrupted supplies.
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