The David Lin Report · Friday, September 4, 2026
The price of diesel has increased by 61%, reaching $5.64 a gallon, driven by escalating tensions in the Middle East and the ongoing conflict involving Iran. This surge is directly impacting food prices, as diesel trucks transport 83% of US agricultural products, increasing transportation costs from farm to table.
“and diesel goes up by 61%.”
“Crude oil prices are also soaring and diesel is now at $5.64 a gallon up 61% from $3.52 just January of this year.”
“This is important because diesel trucks move 83% of America's farm products. So every gallon increase directly impacts food prices on our table.”