The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars. By Emmett Lindner The price of diesel ...
Diesel markets are structurally tighter, with lower inventories and less flexibility to absorb supply shocks than gasoline. Global trade, agriculture, and industry rely heavily on diesel, making ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This voice experience is generated by AI. Learn more. This voice ...
Diesel fuel prices in California set all-time record highs this week as long-haul truckers and some businesses feel the crunch. The average price of a gallon of diesel Thursday in California was ...
Diesel has climbed faster than gasoline this month, directly hitting businesses, from brewers to trucking companies. Those higher costs are likely to make their way into consumer prices. By Emmett ...
While gas prices in Florida have risen roughly a dollar since the Iran War—now in its fourth week—began, diesel prices have risen even more. As of March 24, the $5.527 per gallon statewide average ...
It’s been hard to ignore growing fears of a looming fuel shortage in Australia. Conflict in the Middle East has led to what the International Energy Agency has called the “largest supply disruption in ...
Energy Secretary Chris Wright told CNBC that the administration is working bring more diesel to market as fuel prices surge. Wright said earlier Monday that emergency oil stockpile releases could ...
Long-haul trucker Miguel Caveda recently spent around $1,800 on diesel fuel during a week on the road, about 40% more than he typically paid before the Iran war began. The sudden surge in diesel ...
Roger Conner sells firewood for a living, but he might know just as much about another energy source: diesel. The fuel powers every step of the supply chain for his company, RC Conner Enterprises: the ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
U.S. diesel prices jumped above $5 a gallon on Tuesday, marking the highest level since December 2022, as the strain on global energy markets from the war with Iran continues to ripple through the ...