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. Here is a sampling of industries affected by surging diesel prices and how some of those higher costs reach consumers:AgricultureAmerican agriculture depends on diesel to power most heavy-duty farm equipment. 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.
Source: Los Angeles Times May 27, 2022 16:41 UTC