Diesel prices hit highs, raising concerns for truckers, costs for consumers

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Diesel prices hit highs, raising concerns for truckers, costs for consumers
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The nationwide average cost for a gallon of diesel fuel hit a new record Monday, a staggering $5.32 — marking a $2.20 increase over averages seen in 2021.

In the state of Washington, it is even higher, at $5.57. Prices in densely populated areas outside the state are even higher.

At a gas station near the Space Needle, a gallon of diesel now costs $5.89. And at a gas station near the First Street Bridge, it is as high as $5.99., the United States saw a more than 18% increase in costs of fuel over the month of March, the most recent month with available data., the retail price of a gallon of diesel reflects the costs and profits of producing and delivering the product to consumers.

Then, it was exacerbated by sanctions on Russian fuel exports to Europe, which sent the global market scrambling for the already limited supply — ultimately, driving up prices. This means it costs the company more than $80,000 to fill the fleet — something it must do multiple times a week.Nearly every aspect of the supply chain has been impacted by the increases. Trucks, trains, barges, and planes all rely on some type of diesel fuel for operation.

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