Diesel prices hit record high, costing households $350
Part of composite article Diesel Hits Record $6.27 a Gallon as Fuel Squeeze Drives Prices Higher View full article →
Most Americans do not buy diesel fuel. However, the record-high cost of diesel is affecting them anyway.
Diesel powers the trucks and ships that move goods. As diesel costs rise, so do shipping and trucking costs. Those higher costs are passed on to consumers.
The result: the average household has paid $350 more for goods.