Bloomberg Surveillance · Saturday, September 5, 2026
Diesel prices have hit an all-time record high of $5.85 per gallon, marking a nearly 60% increase over the past year. This surge in diesel costs is significantly impacting the transportation of goods, leading to higher prices for consumers across the board.
“Yes, this is apparently going to be the most expensive Labor Day ever in terms of gas prices, but diesel especially is at a record high for all time, $5.85 a gallon.”
“It's up almost 60 percent over just last year, but also average gas prices of about 30 percent.”
“No, because the truckers deal with it and people in Europe deal with it. But it just means that every time you buy something, it becomes more expensive because of the transport.”