HIGH Diesel & GAS Prices Will COST You More For Everything!
Everyone is worried about gas prices, but diesel is driving inflation more than you think. The price of diesel effects everyone whether you own a car or not. Even before Russia invaded Ukraine, diesel fuel was in short supply due to a drop in global refining capacity. Now some analysts say there could be spot shortages of diesel fuel and prices may stay elevated, even if oil and gasoline decline. Those higher diesel fuel prices are also stoking inflation. If you have additional questions, put them in the comments below and I'll be happy to answer.
0:00 Why High Diesel Prices Will Cost You
1:46 Tapping home heating oil reserve
2:30 Diesel is used for everything
3:05 US oil refineries
3:40 Global business runs on diesel
4:09 Comments and questions
#biofuel #Explained #inflation #Diesel #gas
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