CEO Warns Gas Stations Could Start Running Dry, Set to Kick Prices of Everything Sky-High

The price of gasoline is not the only skyrocketing cost buffeting American roadways; the price of diesel has hit another all-time high. This hike will hit every American in the wallet, not just drivers.

Unfortunately, there is a problem with diesel even worse than its sky-high costs for truckers who deliver our goods: Not only is the cost of diesel a problem, but now analysts are warning that the supply is also drying up.

Diesel fuels our 💰Economy, giving truckers, delivery vans and construction crews the means to keep our supplies and necessities flowing. But the per gallon cost of diesel has been costing the businesses that bring us the goods we use daily, with prices surpassing the previous highs set back in 2008.

The average per gallon cost of diesel in the U.S. has now jumped past $5 per gallon according to AAA. That is a 61 percent increase over the $3.10 seen just last year.

This is a big nut to crack for companies attempting to budget their businesses and figure out what to charge customers for their services, especially when these hikes come like a sledgehammer, week after week after week.

It all tends to add to inflation as businesses seek to either cut down on what they offer or hike prices to cover the loss — or both. And this translates into higher prices for everything we do.

But according to a Bloomberg article by Javier Blas, diesel is an even bigger problem, one no one is talking about. Blas says, “skyrocketing diesel prices should be the main worry of central banks.”