The Feds Diluted Gas to Cut Prices. Diesel Has No Such Fix

Analysts and economists are starting to sound the alarm over a different number than the price of a gallon of gasoline and this number has massive implications for the economy: the price of diesel. One year ago, the average cost of a gallon of diesel fuel in America was $3.70. Today, at the time of this recording, it’s $5.60. That’s 50% higher, and some forecasts have it touching a record $6 a gallon by the end of the year. Not good. America doesn’t actually run on Dunkin, it runs on diesel. Unlike gasoline, the Government can’t mess with the formulas of diesel to try and lower price, and it certainly…

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