The Diesel Price Crisis Has No Easy Fix

Washington is trying everything from oil-reserve releases to longer driving hours for fuel haulers. None addresses all the forces keeping diesel prices high.

When diesel prices first shot up after the U.S. attacked Iran, many expected the spike to be short-lived. Instead, the war has dragged on, and the fuel market has only gotten more complicated.

Oil may (or may not) be moving through the Strait of Hormuz, but other shipping routes are threatened, tankers are in short supply, refineries are stretched thin, and Russian diesel supplies have been disrupted.

Despite the administration’s promises to lower prices, there’s no quick fix.

This story was originally published by TruckingInfo (HDT). Read the full story at TruckingInfo (HDT) →