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US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

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US diesel prices soar past $6 a gallon — making everyday goods, grocery items more expensive

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6083842 Diesel Prices Record High Iran War Russia Ukraine Attacks Trump Midterms

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Diesel Price Crosses 6 A Gallon For The First Time Tb57Hgu8Kkzzz72I6Hwi

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“The average 2026 natural gas forecast was $3.16/MMBTU, only modestly lower than the Fall 2025 survey average of $3.43/MMBTU.”

“The Henry Hub futures price currently averages $3.26 per MMBtu for contracts through the end of 2026, with the December 2026 contract trading above $4.”

“GLJ forecasts the 2026 full-year NYMEX Henry Hub natural gas price at $3.29 per MMBtu.”

"Bank of America raised its second-half 2026 Henry Hub natural gas price forecast to $3.8 per million British thermal units from $3.6 previously, citing tight supply balances and the risk of gas inventories entering winter below 3.8 trillion cubic feet."

"Around $3.50 to $4.00/MMBtu on average."

“McDaniel’s July 2026 price forecast implies that Henry Hub natural gas will average approximately $3.68 per MMBtu in 2026.”

"We have trimmed our Henry Hub gas projection by 25 cents to $3.75/mmbtu for 2026 but have kept it at $3.50 in 2027."

"We expect 2026/27 U.S. gas prices to incentivize U.S. gas production growth at $4.60/$3.80/mmBtu."

Will US Natural Gas Average More Than $3.50 per MMBtu in 2026?

The U.S. national average price for a gallon of diesel climbed past $6 on Friday to a record $6.05, according to AAA, up from $5.85 the previous week and about $3.70 at the same point last year.

The U.S. national average price for a gallon of diesel climbed past $6 on Friday to a record $6.05, according to AAA, up from $5.85 the previous week and about $3.70 at the same point last year.

Dow Jones Energy data put the nationwide diesel average at $6.069 on Friday, a 14% rise over the past month. Regular gasoline averaged $4.295 a gallon, an increase of more than 40% since the start of the Iran war, AAA said.

Dow Jones Energy data put the nationwide diesel average at $6.069 on Friday, a 14% rise over the past month. Regular gasoline averaged $4.295 a gallon, an increase of more than 40% since the start of the Iran war, AAA said.

Diesel is now over 60% higher than before the U.S. and Israel attacked Iran in late February, when the average was about $3.76 a gallon. GasBuddy reported five California stations selling diesel at the pumps' maximum of $9.999 a gallon.

Diesel is now over 60% higher than before the U.S. and Israel attacked Iran in late February, when the average was about $3.76 a gallon. GasBuddy reported five California stations selling diesel at the pumps' maximum of $9.999 a gallon.

Brent crude and U.S. crude both topped $100 a barrel this week for the first time in months. Ukraine said Thursday it struck a refinery in Siberia, and Russia has banned diesel exports while several refineries remain offline.

Brent crude and U.S. crude both topped $100 a barrel this week for the first time in months. Ukraine said Thursday it struck a refinery in Siberia, and Russia has banned diesel exports while several refineries remain offline.

U.S. diesel inventories stand at 106.3 million barrels, 13% below their five-year average, according to the Energy Information Administration. The U.S. diesel crack spread, a refining margin measure, reached a record $112.17 a barrel Thursday.

U.S. diesel inventories stand at 106.3 million barrels, 13% below their five-year average, according to the Energy Information Administration. The U.S. diesel crack spread, a refining margin measure, reached a record $112.17 a barrel Thursday.

S&P Global Energy said Thursday it no longer expects Middle East crude output to return to prewar levels by the end of 2027. White House adviser Kevin Hassett said Friday that diesel prices are "a major concern" for the administration.

S&P Global Energy said Thursday it no longer expects Middle East crude output to return to prewar levels by the end of 2027. White House adviser Kevin Hassett said Friday that diesel prices are "a major concern" for the administration.

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