High gas prices hurt. But here’s how diesel prices are slamming your wallet in hidden ways - News Summed Up

High gas prices hurt. But here’s how diesel prices are slamming your wallet in hidden ways


To understand how diesel prices are hitting consumers, look at trucking operations such as Liberty Linehaul West. Executives from the retail giants said unexpectedly higher fuel and other costs are translating into higher prices for shoppers. High diesel prices further complicate farmers’ financial picture, Verleger said. Nationwide, 76% of all commercial vehicles and 98% of all big rigs use diesel, the Diesel Technology forum said. That means your late-night e-commerce habit and your next mall run could cost you more because diesel costs more.


Source: Los Angeles Times May 30, 2022 16:10 UTC



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