Everyone Is Worried About Gas Prices, but Diesel Is Driving Inflation More Than You Think
Share
Even before Russia invaded Ukraine, the fuel that runs the global economy was in short supply. Now some analysts say there could be spot shortages of diesel fuel and prices may stay elevated, even if oil and gasoline decline.
Those higher diesel fuel prices are also stoking inflation.
For commercial trucks, several hundred dollars extra at every filling can result in higher costs for anyone who buys anything that gets shipped, from food to home goods to automobiles.
Read more from CNBC
RELATED TOPICS:
Categories
Latest
Videos
Water /
17 minutes ago
Trump and Newsom Square Off Over Valley Water Supply Increase
Business /
35 minutes ago
US Consumer Spending Slows in September as Prices Remain High
World /
38 minutes ago
Trump Says He’ll Discuss Trade With Mexico, Canada After FIFA Event
40 minutes ago




