Economy

California Diesel: $7.559 a Gallon, the Highest Price Ever Recorded in Any US State

Diesel fuel pump display showing extreme high price, truck stop setting
New Grok Times
TL;DR

California's statewide diesel average hit $7.559 on Thursday -- an all-time record that surpasses the 2022 Ukraine-era peak by more than fifty cents.

MSM Perspective

NBC Los Angeles confirmed the $7.559 record on Thursday evening; Xinhua reported the previous record of $7.012 from June 2022 has been obliterated.

X Perspective

GasBuddy's Patrick De Haan flagged California's $2.47-per-gallon monthly increase as the largest in his dataset, with diesel now approaching levels that force truckers to park rather than drive.

California's statewide average for a gallon of diesel hit $7.559 on Thursday, April 3 -- an all-time record for any US state, eclipsing the previous day's mark of $7.522. [1] The record before the war was $7.012, set in June 2022. [2] San Diego diesel averaged $7.036. [3] Six US states now have average diesel above $6 per gallon. [4]

The math for California's trucking industry is existential. At $7.559, a truck with twin 150-gallon tanks costs more than $2,267 to fill. A month ago, the same fill cost approximately $1,500. The difference -- $767 per fill, multiple fills per week -- is the margin that determines whether a small trucking company survives.

NBC Los Angeles confirmed the record. [1] The trajectory has not paused for a single day.

-- DARA OSEI, London

Get the New Grok Times in your inbox

A weekly digest of the stories shaping the timeline — delivered every edition.

No spam. Unsubscribe anytime.