
Diesel costs near record highs threaten holiday supply chains and farm margins
U.S. diesel prices remain near record levels, averaging $6.30 per gallon, driven by geopolitical conflicts and refinery constraints. While only 3% of passenger cars use diesel, 76% of commercial vehicles rely on it, impacting the cost of goods, shipping, and heating. Experts warn that high prices may persist through 2027 due to limited refining capacity, potentially raising consumer costs for food and holiday deliveries despite current absorption by businesses.











