Florida

Diesel prices hit record highs in Florida

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It isn’t simply gasoline that has folks paying extra on the pump. The value of diesel can be going up, impacting truck drivers and different employees.

The price of diesel is presently greater than $5 at most areas in Palm Seaside County.

AAA stated the typical value of diesel is presently $5.35 a gallon in Florida. A 12 months in the past the typical value was $2.96 in Florida.

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“It is going very excessive. I do not know why, nevertheless it’s getting very excessive,” driver Ivan Mesa stated.

The value of diesel was $5.18 a gallon at a Chevron close to Palm Seaside Worldwide Airport alongside Belvedere Highway on Might 2, 2022.

Filling up his work truck lately has was a painful expertise for Mesa and his contracting enterprise.

The value for diesel hit a nationwide excessive of $5.32 a gallon, and it is working even greater in South Florida.

“The issue is just low inventories, excessive demand and the dearth of a capability to supply as a lot as we want,” Patrick De Haan with GasBuddy.com, which screens gas costs.

He stated diesel is a a lot heavier oil product and never as extensively refined as unleaded gasoline.

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Patrick De Haan with GasBuddy.com explains why diesel prices have increased dramatically in the...
Patrick De Haan with GasBuddy.com explains why diesel costs have elevated dramatically within the final 12 months.

That is making it far more susceptible to a spike in demand as provide chains race to get again on observe following the pandemic.

“Most refineries are sort of retooling, perhaps shopping for heavier merchandise to yield extra heavy issues like diesel,” De Haan stated. “Nevertheless it does take time and within the interim now we have — in a short time — falling provide of diesel.”

This implies these excessive costs won’t go away quickly as a result of the demand to get provide chains again is simply too sturdy.

And whereas it is normally large vehicles that use diesel gas, De Haan stated the value of diesel is one thing everybody must be watching.

“It’s possible you’ll go to the pump and never pay the diesel value however whenever you go to the grocery retailer, these groceries are priced based mostly on how lengthy and the way a lot cash it takes to get there,” De Haan stated.

Scripps Solely Content material 2022

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