Dwindling stockpiles of diesel have driven prices for the fuel to climb about 50% this year, while gasoline has climbed 14%
Dwindling stockpiles of diesel have driven prices to a record premium over gasoline and crude oil, showing how war, weather and other disruptions toWhile the price of gasoline is up about 14% this year,about 50%, to $5.36 a gallon, according to AAA/Opis.
The gains widened the gap between the two to an all-time high of $1.60. A year ago, it was 23 cents. Wholesale diesel, delivered into New York harbor, traded at a record premium to crude oil in October, according to the Energy Information Administration, which also reported the country had only 25 days of diesel in reserve, the lowest since 2008.
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