Gasoline and diesel prices are displayed in Millbrae, California, on May 16.Li Jianguo/Xinhua via Getty Images The White House is weighing whether to release emergency reserves of diesel, CNN reported. The Northeast Home Heating Oil Reserve has only been used once, following 2012's Hurricane Sandy. Diesel prices have jumped roughly 75% over the last year as inventories have plummeted.
Similar Stories to The Diesel Crisis May Force The White House To Tap A Rarely Used Emergency Reserve As Prices Hover Near Record Highs, Report Say on Bing News
prosen@insider.com (Phil Rosen,Ben Winck), Business Insider
Mon, 05/23/2022 - 8:17am
Topics: millbrae california may 16.li jianguo/xinhua getty images the white house the northeast home heating oil reserve diesel the us cnn it new york strategic petroleum reserve rob thummel tortoise capital 19]70s."read business white house northeast home heating oil reserve hurricane sandy march insider crisis prices report emergency reserve record highs tap a rarely supply crude demand year roughly release market million told barrels fuel inventories plummeted continue refining weighing capacity day energy gasoline administration decades fall industrial
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06/15/2024 - 12:59 pm | View Link - UK petrol and diesel prices: latest fuel costs explained
This may come as a shock to some as, in the media, it’s frequently being reported that both inflation rates and the cost of living crisis ... force fuel retailers to provide current prices ...
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