Increase cost of diesel fuel will fuel inflation in US

 USA Today:

Diesel fuel prices hit a record $5.37 a gallon on average nationally Monday and rose above an average of $6 in several Northeastern states and California, analysts reported.

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Diesel fuel is crucial to the American economy, powering big-rig trucks, locomotives and ships that bring the vast majority of goods to market. Higher diesel prices can easily translate into higher prices for food in supermarkets and for just about anything else sold in stores.

Prices now average above $6 a gallon in Pennsylvania, New York, New Jersey, Vermont, Rhode Island, Connecticut, Massachusetts and California. In the Golden State alone, they were $6.45 a gallon. 

Only three states had diesel prices below $5 a gallon. They included Georgia, Mississippi and the state with the lowest prices of all, Wisconsin, at $4.89 a gallon.

As diesel prices skyrocket, gasoline prices have started rising again as well. They were up seven cents over the past week to an average of $4,20 nationally on Monday., The Biden administration ordered more oil pumped from the nation's Strategic Petroleum Reserve recently after an outcry about high gasoline prices.

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This is more fallout from Biden's war on US energy that is fueling inflation and the cost of getting goods to market. 

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