Our nation’s diesel supply is reaching 2008 recession levels
The U.S. has less than one month’s supply of diesel in the stockpile. These are the lowest levels since the 2008 recession.
Retail prices are averaging more than $5.30 per gallon, which is up 50 percent from this time last year.
Bloomberg reports help is on the way. At least two ships carrying roughly one million barrels of diesel are set to arrive on the East Coast, and more refineries are expected to come back online after seasonal maintenance.