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Diesel Hits $6.05 and Prices Are Rising | Wilmington News
Description
Diesel just hit $6.05 a gallon — up 60% from last year — and it’s not just your truck’s tank that’s feeling the pain. This spike is crippling businesses, forcing higher prices on everything from fresh seafood to furniture delivery. Global supply chains are in chaos: Iran’s conflict, Ukraine’s strikes on Russian refineries, and slashed global refining capacity are all tightening the screws. Experts say this isn’t a short-term blip — oil production won’t recover until late 2027, meaning higher diesel costs will keep bleeding into your wallet for months to come.
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