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US Diesel Prices Hit Record Highs Despite Record Crude Output

US Diesel Prices Hit Record Highs Despite Record Crude Output
Ekaterina Belinskaya · pexels

The United States is experiencing a paradoxical energy market scenario where record crude oil output is failing to alleviate a severe diesel shortage. U.S. crude production is on track to average a record 13.8 million barrels per day in 2026, surpassing the…