Sky-High Diesel Prices Pinching Bay Area Truckers, Consumers

April 2022
CBS News

Severin Borenstein, Faculty Director on CBS News analyzing the result that high diesel gas prices have on trucks, and in turn on our retail prices.

“‘The demand for gasoline and diesel is out of balance. The market is looking for a lot more diesel than gasoline.’ Borenstein went on to say, ‘The business side of the economy has really picked up. We’re shipping a lot of goods and we’re producing a lot of things that need diesel.'”