Inflation surged in September as U.S. energy costs jumped
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
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Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
Average U.S. diesel prices remain stuck above $6 a gallon, raising fuel costs in trucking, agriculture and construction.
Michigan will allow certain agricultural vehicles to use red-dyed diesel on state highways until Dec. 31.
President Trump is getting backlash over comments made at a campaign rally in Nebraska during which he said about the war in Iran, "It's a small price to pay for keeping the world safe, keeping our country safe. They can take out a city. Let them take out Los Angeles. Let them take out San Diego." CBS News has this report.
Ohio will suspend state gas taxes for 90 days, starting Sunday. The idea has been discussed in Michigan, but no votes have taken place.
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
Some lawmakers want to halt U.S. diesel exports as prices top $6.50 a gallon. But such a ban could have unintended consequences, experts say.
Most commercial vehicles and farm equipment rely on diesel. Diesel is also used to produce goods and to transport them — so these higher diesel prices are a double whammy of cost, felt unevenly across the economy.
Michigan's gas and diesel prices have risen noticeably every day this week, with gas prices inching closer to $5 a gallon and diesel prices continuing to set records, AAA says.
Gas station prices spiked again in Michigan, with a 21-cent increase for regular unleaded fuel and a 20-cent increase on diesel fuel on Thursday's price reports.
Michigan set a new record for diesel fuel pricing on Tuesday, with the average price at $6.25 a gallon, according to AAA-The Auto Club Group.
Michigan drivers are paying an average of $4.31 per gallon for regular unleaded gasoline, up from $4.03 per gallon a week ago.
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
The price of diesel has soared more than 60% over the last year, a surge energy experts say is likely to continue. Here's why.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
Diesel fuel tops $5 a gallon as fuel prices go back on the increase.
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
The company says there was a mix-up between diesel and regular gasoline. The error has caused many customers a trip to nearby auto shops.
Unleaded gasoline and diesel fuels were mixed in error at a Meijer Express fuel station in Macomb County, Michigan, the supermarket chain said Saturday.
