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Diesel Prices Surge 67%, School Districts Tap Reserves

5/17/2026

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Story summary
  • Diesel prices have jumped 67% since December to $5.52 per gallon, adding $1.8 billion to school bus costs.
  • School districts nationwide are tapping emergency reserves to cover the diesel surge linked to the Iran war.
  • Yakima School District in Washington pays $6.30 per gallon, a 64% rise that adds $213,000 annually.
  • Waco Independent School District in Texas reported an 84% diesel price increase in April, straining its transportation budget.