# US Fuel Prices Hit Record Highs Before Midterms

> US retail gasoline averaged $4.20 a gallon and diesel about $6.32 a gallon heading into the November 3 midterm elections, both record levels for this time of year. Gasoline was up roughly 38-40% and diesel about 70% year over year.

- Date: 2026-11-01 · published 2026-11-02T00:08:36.399Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/74314-us-fuel-prices-hit-record-highs-before-midterms
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Diesel is a key cost for trucking, harvesting and feed delivery, so higher diesel raises feed and livestock logistics costs and supports energy-linked price pressure across farm inputs.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-05-18 | [Here’s why diesel prices are aiming for record highs - MarketWatch](https://feedsoft.ai/events/65187-here-s-why-diesel-prices-are-aiming-for-record-highs-marketwatch.md) | -1.0% | -9.0% |
| DIESEL | 2026-08-26 | [US Diesel Supplies Hit Record Low as Demand Season Looms - Bloomberg](https://feedsoft.ai/events/18069-us-diesel-supplies-hit-record-low-as-demand-season-looms-bloomberg.md) | +11.5% | +15.5% |
| DIESEL | 2018-06-18 | [Analysis: What Higher Fuel Prices Mean for Trucking \| Heavy Duty Trucking](https://feedsoft.ai/events/64701-analysis-what-higher-fuel-prices-mean-for-trucking-heavy-duty-trucking.md) | +2.1% | -1.3% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2018-01-26 | [What looms ahead for fuel prices in 2018? -  \| Ag Proud](https://feedsoft.ai/events/67183-what-looms-ahead-for-fuel-prices-in-2018-ag-proud.md) | -0.8% | -6.6% |
| WTI | 2021-10-22 | [Global Gas Prices are Soaring to Record Highs. Here's Why.](https://feedsoft.ai/events/11751-global-gas-prices-are-soaring-to-record-highs-here-s-why.md) | +0.2% | -4.4% |
| WTI | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | +5.3% | +13.4% |
| WTI | 2021-10-15 | [Oil prices rise to three-year high on back of supply deficit forecasts](https://feedsoft.ai/events/44716-oil-prices-rise-to-three-year-high-on-back-of-supply-deficit-forecasts.md) | +1.5% | +0.1% |

## Sources

- nationwire.us: https://nationwire.us/us-fuel-prices-record-election-day-highs-2026/

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