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“The United States has reached a new milestone in diesel fuel consumption, with prices soaring across California and impacting sectors from trucking to agriculture. The spike has pushed diesel to record highs, increasing logistics costs for businesses and raising fuel expenses for consumers. Expert Analysis: This surge signals a tightening of the fuel supply chain, likely prompting higher freight rates and potentially inflating food prices as agricultural operations absorb increased energy costs. Over the next year, the sustained pressure on diesel prices could accelerate investment in alternative fuels and fuel efficiency technologies across the transportation and farming sectors.”
U. S. hits diesel fuel milestone as prices slam California economy from trucks to crops Los Angeles Times Vance says Trump, US military have prevented ‘energy crisis’ during Iran war Fox News US diesel prices hit an all-time-high BBC Oil ends week higher on renewed US-Iran strikes, diesel hits record Reuters Iran War Helps to Drive U.
S.
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Originally reported by Google News - Business
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