Where diesel prices have set records, and where they could spike next
Where diesel prices have set records, and where they could spike next
(NEXSTAR) – Prices at the fuel pumps have continued to rise this month – that may be especially notable for those who are paying record or near-record diesel prices.
Oil prices remained high on Thursday despite making gains Wednesday amid news of a temporary ceasefire deal in the Middle East.
Given how far apart the United States and Iran seem to be in their demands, upward pressure on oil prices may be “here to stay for a while” according to strategists at Macquarie led by Thierry Wizman. Risks remain for renewed fighting, which could cause customers worldwide to hoard whatever oil supplies they do get. That could itself keep oil off the market, much like actual fighting targeting pipelines or oil tankers.
AAA reported Thursday that gas prices – the national average sits at $4.166 a gallon – remain high as crude oil prices remain elevated.
Average statewide gas prices remain above $4 a gallon in more than half the country, according to........
