Diesel Prices Reach New High Over Labor Day Weekend

Diesel prices in the U.S. broke a new record high this past weekend, as the U.S. and Israel’s continued war on Iran has led to a rapid increase in worldwide fossil fuel costs over the past six months. On Friday, a gallon of diesel gas surpassed $5.85, the highest price ever recorded. The increased fuel costs will likely translate into higher prices for consumer goods, since many of the…
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Key Saudi Pipeline to Be Shut Down for Weeks as Diesel Prices Hit Record Highs

Fears of a global energy shortage are rising amid new revelations about damage inflicted last week on a key oil pipeline in Saudi Arabia. According to a Monday report in The Associated Press, Saudi Arabia’s East-West Pipeline, which is used to transport oil to the Red Sea, will be shut down for weeks after being hit last Thursday by a drone strike. Anonymous officials in the region told…
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