# Diesel Adds to Record High, Hitting $5.25 a Gallon - TT

> The national average on-highway diesel price rose 40.1 cents to a record $5.25 per gallon on March 14, 2022, according to EIA data. It was the second consecutive all-time high, and California reached $6.264 per gallon. Gasoline rose 21.3 cents to $4.315 per gallon.

- Date: 2022-03-15 · published 2022-03-15T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5948-diesel-adds-to-record-high-hitting-5-25-a-gallon-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Record diesel prices raise trucking and freight costs for feed ingredients and finished feed. Trucking firms are warning of further increases in spring and summer, supporting higher delivered feed costs.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-adds-record-high-hitting-525-gallon

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.