Iran war hikes diesel costs for school buses
A school district in the suburbs of Philadelphia is being burdened by rising diesel prices amid the Iran war. Ali Bauman has the story.
Diesel Fuel
American farmers under pressure
The ripples of the Iran conflict are starting to appear in unexpected ways. High energy costs are putting new pressure on America's farmers. Mark Strassmann has more.
Fuel prices could impact the cost of moving
Ramped-up diesel prices are sparking cost concerns for businesses like Peachtree Movers in Georgia.
Trump's Iran war fuels diesel concerns
Small businesses are grappling with the rising costs of diesel fuel as the war in Iran continues. Joshua Harris, the manager at Mayport C&C Fisheries, joins CBS News with more on the impact.
Gas in U.S. hits $4 a gallon for first time since August 2022
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Farmers feel pinch of rising energy costs
The average cost of a gallon of regular gas is now over $4 for the first time since 2022, when Russia invaded Ukraine. Diesel prices also rose on Tuesday, reaching $5.45 a gallon. When energy prices rise, the prices of most other goods rise as well. CBS News correspondent Lana Zak reports from Iowa.
Farmers feel financial pain from Iran war
American homes and businesses are feeling the ripple effects of the war in Iran. Gas prices are averaging $3.97 a gallon nationwide, up about one dollar in a month, and the largest four-year increase in 30 years. Lana Zak reports from Iowa.
How gas prices could impact other goods
The price of gas and diesel continue to rise as the war with Iran continues. The increased prices could impact the cost of other goods from groceries to airline tickets. Kelly O'Grady explains.
Diesel tops $5 a gallon for the first time since December 2022
Rising diesel prices could push up costs across the U.S. economy, as many goods move by diesel-powered trucks.
How rising diesel prices may affect inflation
For American drivers, the cost of the war with Iran is already showing up at the pump. But there's a bigger warning light flashing for the economy: diesel. Kelly O'Grady explains.
Trump victory's impact on the energy sector
President-elect Donald Trump vowed to cut U.S. energy prices by 50% within one year of taking office. He is also expected to loosen regulations on oil and natural gas companies. Patrick De Haan, the head of petroleum analysis for GasBuddy.com, a website that tracks fuel prices, joins CBS News to discuss.
The push to electrify U.S. school buses
School buses run on diesel and can be heavy polluters, releasing harmful gases into the air while ferrying millions of children. Around the country, there's a push to switch the buses to electric options. Manuel Bojorquez has more.
Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
No, the U.S. is not about to run out of diesel fuel
The U.S. has a 25 day supply of diesel fuel, but refineries are continuing to add to that.
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