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U.S. Diesel $5.13, Gasoline Up 4.4%, SPR Hits 1983 Low

7/23/2026

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Story summary
  • U.S. diesel rose to $5.13 per gallon, a 34-cent weekly jump, per the Energy Information Administration.
  • National gasoline climbed to $4.06 per gallon, up 4.4% from $3.89 a week earlier, AAA reports.
  • Refineries ran at 96.1% capacity while the Strategic Petroleum Reserve fell to 311 million barrels, its lowest level since March 1983.
  • Moody’s Analytics chief economist Mark Zandi said households have lost about $1,100 from higher energy costs and war spending.