Diesel Shortage Update as Prices Skyrocket Over Fears Supply Could Run Out

An acute shortage of diesel fuel in the U.S. is threatening to keep inflation and heating bills high in the country through the winter, as prices are expected to continue surging. New government data released on Wednesday show that diesel supplies are "unacceptably low," as National Economic Council Director Brian Deese told Bloomberg TV on Wednesday. According to the Energy Information Administration, the U.S. has now 25 days left of diesel supply, its lowest level since 2008.-- More...