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.
Diesel Fuel
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.
Terminal in Riyadh airport hit again, a day after deadly strike killed 12
Trump announces Russia-Ukraine "energy ceasefire" after criticizing Zelenskyy
Steve Bannon on the GOP and the midterms: "We can't afford to lose"
Thousands still without power in Florida and Alabama as Isaias moves north
Pope Leo to undergo surgery after nodular lesion found in lung, Vatican says
Democrat Chris Pappas says "we're taking nothing for granted" in N.H. race
Christa Pike released from hospital following botched execution, lawyers say
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After airport strike, Trump considering whether to join fight against Houthis
