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Diesel prices have risen to their highest levels since March and are showing no immediate signs of easing their upward trend. The national price of diesel was at $4.38 per gallon as of Monday, $0. ...
Gas prices are now 22% below their peak, but diesel is just 8% lower. On a year-over-year basis, gas prices are up 15% while diesel is up 43%. High diesel prices are a kind of hidden inflation ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
U.S. gasoline prices have been rising again, and many worry that costs at the pump will go up further after OPEC and its allies said Wednesday the group known as OPEC+ would cut its production ...
Crude oil prices to gas prices Henry Hub natural gas prices. From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008. [1]
Diesel and gas prices have steadily risen because increased movement and economic activity have increased demand. President Joe Biden isn't to blame.
The national average for gas is at $3.86 while diesel sits at $4.58, according to AAA. Diesel is used in everything from trucks transporting goods to ships carrying cargo.