From Newsweek · · 1m
Gas stations run out of diesel as prices surge
Diesel prices hit record highs as some stations report shortages
In brief
Diesel prices hit record highs as some stations report shortages No nationwide diesel shortage despite social media claims of outages Originally reported by Newsweek.
Diesel prices surge
U.S. diesel prices hit record highs at $6.285 per gallon in September, a 68% jump from last year.
“GasBuddy is not seeing any high level outages in our data, nor through our Pay with GasBuddy card”
Social media claims
Online posts show some gas stations displaying 'out of diesel' notices in Orlando and North Texas.
“A station in North Texas displayed an out of diesel notice”
Supply chain disruption
The Iran war has reduced shipping through the Strait of Hormuz, a critical route for global oil.
“Vessel traffic has fallen sharply owing to the fighting and attacks on regional energy infrastructure”
Industry data
GasBuddy reports no widespread diesel shortages, with incidents remaining isolated and within normal levels.
“GasBuddy is not seeing any high level outages in our data”
Price impact
Diesel prices rose from $3.739 to $6.285 per gallon in two months, accelerating in September.
“The rise has accelerated over the past two months”
Export discussions
Senate leader Thune says he's open to a U.S. diesel export ban to lower prices, but officials doubt it would work.
“It is a commodity now that I think we're exporting, and if we need more supplies in this country”
State prices
California leads with $8.3496 per gallon, while Oklahoma has the lowest at $5.9386.
“California is the most expensive state for diesel at eight point three four nine six per gallon”
The short version
No nationwide diesel shortage despite social media claims of outages
