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U.S. Diesel Hits Record $5.85 as War Drives Prices

9/7/2026

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Summary

Story summary

U.S. diesel prices hit a record $5.85 per gallon on Friday, according to GasBuddy.
Energy Secretary Chris Wright said the Russia-Ukraine war is the single biggest factor behind the surge.
Wright credited President Donald Trump’s refinery expansion and new Venezuela deals for raising Venezuelan output 25% and exports 50%.
He noted the Biden administration closed over a dozen U.S. refineries and Governor Gavin Newsom shut two California refineries.

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Story summary

U.S. diesel prices hit a record $5.85 per gallon on Friday, according to GasBuddy.
Energy Secretary Chris Wright said the Russia-Ukraine war is the single biggest factor behind the surge.
Wright credited President Donald Trump’s refinery expansion and new Venezuela deals for raising Venezuelan output 25% and exports 50%.
He noted the Biden administration closed over a dozen U.S. refineries and Governor Gavin Newsom shut two California refineries.