Published • loading... • Updated
Gas, diesel prices surge in the DMV amid Middle East conflict
Truck drivers and shippers face higher costs as diesel hits record highs and the national average for regular gas reaches $4.44, GasBuddy reported.
- Diesel prices in California surpassed $9 per gallon at some San Francisco Bay Area stations, with the American Automobile Association reporting an average of $8.44 per gallon statewide as of September 23.
- Traffic in the Strait of Hormuz remains below 15% of prewar levels as conflict in the Middle East and between Russia and Ukraine disrupts global oil shipments, while drone attacks on Russian refineries have removed 3% of daily global diesel output.
- Valero Energy Corp. in Benicia and Phillips 66 in Los Angeles ceased operations, while California's 11 remaining refineries produce 16.1 million gallons of diesel daily; Americans spent an additional $117 billion on fuel through September.
- President Donald Trump called for a temporary ban on diesel exports on Wednesday to curb pump prices, though analysts warn the measure could drive world prices upward by accentuating global supply shortages.
- China's crude oil imports rose 6.2% in August as global markets have largely exhausted safety measures, with strategic reserves at a 40-year low and additional price hikes possible over the next few weeks.
Insights by Ground AI
19 Articles
19 Articles
Missouri truckers feel diesel price surge as holiday shipping season approaches
COLUMBIA, Mo.(KMIZ) Missouri diesel prices stayed at near-record high levels Friday, raising costs for trucking companies and independent drivers as the holiday shipping season approaches. AAA listed Missouri’s average diesel price at $6.31 a gallon Friday, up from $3.41 a year ago. The national average was $6.50, up from $3.69 a year ago. Both averages
On Monday, diesel cost 31.49 kroner per liter at over 100 Circle K stations, according to Drivstoffappen. Berkåk was also over 31 kroner per liter.
On Monday, diesel cost 31.49 kroner per liter at over 100 Circle K stations, according to the Fuel App.
Coverage Details
Total News Sources19
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
Factuality
To view factuality data please Upgrade to Premium
