# U.S. gasoline averages a record $4.31 for October as diesel stays near all-time high

> U.S. regular gasoline averaged $4.31 per gallon in October, a record for the month and 41% above October 2025, while diesel averaged $6.25, also an October record. Diesel prices remained elevated amid attacks on Russian refineries, export curbs by Russia and China, and exceptionally low U.S. inventories during harvest and the start of heating season.

- Date: 2026-11-09 · published 2026-11-10T06:12:30.130Z
- Category: geopolitics · region United States · magnitude medium
- Page: https://feedsoft.ai/events/91094-u-s-gasoline-averages-a-record-4-31-for-october-as-diesel-stays-near-all-time
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

High diesel costs raise fuel and transport expenses for agricultural producers and grain handlers, adding upward pressure to feed and grain logistics costs. Tight fuel supplies and constrained exports could sustain that pressure.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-04-26 | [U.S. Diesel Futures Close at Record High as Shortage Deepens - Bloomberg](https://feedsoft.ai/events/8167-u-s-diesel-futures-close-at-record-high-as-shortage-deepens-bloomberg.md) | +11.4% | -7.5% |
| DIESEL | 2026-09-15 | [US diesel prices hit new all-time high amid global supply disruptions, strong demand \| S&P Global](https://feedsoft.ai/events/17656-us-diesel-prices-hit-new-all-time-high-amid-global-supply-disruptions-strong.md) | -1.7% | -4.1% |
| DIESEL | 2026-03-02 | [Diesel and Gasoline Prices Rise on Iran Strikes - TT](https://feedsoft.ai/events/8776-diesel-and-gasoline-prices-rise-on-iran-strikes-tt.md) | +36.4% | +69.9% |
| DIESEL | 2026-03-17 | [US average diesel prices cross $5 a gallon as Middle East War tests global economy \| Reuters](https://feedsoft.ai/events/20338-us-average-diesel-prices-cross-5-a-gallon-as-middle-east-war-tests-global.md) | +6.6% | -5.4% |
| DIESEL | 2022-04-26 | [Valero sees rising gasoline, diesel demand as it seeks to replace Russian feedstocks](https://feedsoft.ai/events/8173-valero-sees-rising-gasoline-diesel-demand-as-it-seeks-to-replace-russian.md) | +11.4% | -7.5% |
| WTI | 2026-03-02 | [Diesel and Gasoline Prices Rise on Iran Strikes - TT](https://feedsoft.ai/events/8776-diesel-and-gasoline-prices-rise-on-iran-strikes-tt.md) | +35.6% | +50.4% |
| WTI | 2026-09-17 | [Midwest Ethanol Margins Compress as Diesel Rally Outruns Gasoline \| InfoHandle Network](https://feedsoft.ai/events/17458-midwest-ethanol-margins-compress-as-diesel-rally-outruns-gasoline-infohandle.md) | -7.8% | -6.5% |
| WTI | 2025-01-11 | [US diesel prices jump to six-month highs amid NYMEX rally as Midwest differentials falter \| S&P Global](https://feedsoft.ai/events/10346-us-diesel-prices-jump-to-six-month-highs-amid-nymex-rally-as-midwest.md) | +1.7% | -5.8% |

## Sources

- stockanalysis.com: https://stockanalysis.com/news/october-gas-diesel-prices-record/

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