{"id":2660114,"date":"2026-09-13T12:51:00","date_gmt":"2026-09-13T16:51:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/diesel-just-hit-5-90-a-gallon-with-refineries-maxed-out-winter-wont-get-any-better\/"},"modified":"2026-09-13T12:57:46","modified_gmt":"2026-09-13T16:57:46","slug":"diesel-just-hit-5-90-a-gallon-with-refineries-maxed-out-winter-wont-get-any-better","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/diesel-just-hit-5-90-a-gallon-with-refineries-maxed-out-winter-wont-get-any-better\/","title":{"rendered":"Diesel Just Hit $5.90 a Gallon with Refineries Maxed Out: Winter Won&#8217;t Get Any Better"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdiesel-just-hit-5-90-a-gallon-with-refineries-maxed-out-winter-wont-get-any-better%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2660114&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses the recent surge in U.S. diesel prices,which hit a record high due to refinery capacity nearing maximum output and ongoing supply shortages.The global market faces a shortfall of approximately four million barrels of refined products daily, mainly from Russia and the Middle East, with insufficient refining capacity to meet demand. U.S. diesel prices have risen significantly, with stocks falling below ancient averages, and prices are expected to remain high through winter. Factors contributing to the tight supply include sanctions, export bans by Russia, geopolitical tensions such as IranS blockade of the Strait of Hormuz, and disruptions caused by conflicts like Ukraine and attacks on oil facilities.Industry leaders and government officials recommend increasing domestic refining capacity and easing permitting rules to address the crunch, as high fuel prices are likely to impact transportation costs for goods and services.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>U.S. diesel hit a new record Monday with refineries running near capacity \u2014 and oil executives warned supplies would stay tight through winter.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">The global market is short approximately two million barrels a day of refined products from Russia and an additional nearly two million from the Middle East, Vitol CEO Russell Hardy told the Asia Pacific Petroleum Conference in Singapore on Tuesday, Reuters <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.reuters.com\/business\/energy\/global-diesel-supply-stay-tight-through-winter-industry-execs-say-2026-09-08\/\">reported<\/a>.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Middle Eastern producers still export about nine million barrels a day of crude but only one million of refined products, and refiners are \u201cstill not running enough refining capacity to prevent those draws,\u201d Hardy said, according to the outlet. \u201cWe\u2019re pretty much at the bottom of our stockpiles.\u201d<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">The national average diesel price <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/gasprices.aaa.com\/\">hit<\/a> $5.90 a gallon Monday, up from $3.70 a year ago, according to AAA. U.S. distillate stocks, which include diesel and heating oil, were 14% below the five-year average for the week ending Aug. 28 while refineries ran at 98% of capacity, <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.eia.gov\/petroleum\/supply\/weekly\/pdf\/highlights.pdf\">according<\/a> to the Energy Information Administration.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">\u201cHouseholds will feel this less at the gasoline pump than in the price of everything trucks move: groceries, building materials, parcels and heating oil in the Northeast,\u201d Stuart Turley, president and CEO of the Sandstone Group and host of the Energy News Beat podcast, told the Daily Caller News Foundation.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">\u201cGasoline near $4.15 nationally is painful versus last year but not the emergency diesel has become. Heating oil customers should shop early. Airlines will keep adding fuel surcharges or trimming capacity on thin routes.\u201d<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">The U.S. diesel crack spread, which measures the gap between diesel and crude oil prices, <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.ttnews.com\/articles\/diesel-crack-spread-record\">rose<\/a> above a record $106 a barrel on Sept. 1, according to Bloomberg. GasBuddy <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/01\/06\/3213735\/0\/en\/gasbuddy-yearly-average-gas-prices-to-fall-below-3-in-2026-lowest-since-2020.html\">forecast<\/a> on Jan. 6 that diesel would average $3.55 a gallon in 2026.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Most U.S. refineries are already running at full capacity, Phillips 66 Senior Vice President of Global Trading Mark Senn told the conference, Reuters reported. Low diesel inventories heading into winter would keep prices high, Senn said. <b><\/b><\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Global refineries processed 80.9 million barrels a day in July, nearly five million below a year earlier, while 8.3 million barrels a day of Persian Gulf oil output remained shut in, the International Energy Agency <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.iea.org\/reports\/oil-market-report-august-2026\">said<\/a> in its August oil market report.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Tighter distillate markets pushed refining margins in the Atlantic Basin to record highs, the agency said.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Farm and construction operators \u201cshould treat $5-plus diesel as the base case for budgets, not a spike that has already peaked,\u201d Turley told the DCNF. \u201cThere is no spare refining capacity sitting idle to rescue a cold December.\u201d<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Russia <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.cnn.com\/2026\/07\/09\/business\/russia-diesel-ban-ukrainian-strikes-intl\">banned<\/a> diesel exports July 8 after Ukrainian drone strikes on its refineries caused fuel shortages at home, CNN reported. The government <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/english.alarabiya.net\/News\/world\/2026\/08\/29\/russia-extends-ban-on-diesel-exports-until-september-30-\">extended<\/a> the ban through Sept. 30 on Aug. 29, Reuters reported.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Iran has blockaded the Strait of Hormuz, which handled about a fifth of the world\u2019s oil before the war began Feb. 28, <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/qz.com\/brent-crude-oil-prices-houthi-saudi-aramco-iran-090826\">according<\/a> to Quartz. Iran-backed Houthi rebels <a class=\"LexicalEditorTheme__link\" href=\"https:\/\/www.npr.org\/2026\/09\/08\/g-s1-142296\/houthi-attacks-saudi-arabia\">struck<\/a> Saudi oil facilities Tuesday, The Associated Press reported.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">President Donald Trump met with refining executives at the White House on Sept. 1. They discussed regulatory changes, faster permitting and additional investments to expand refining capacity, a White House official told the DCNF at the time.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">The administration should watch domestic inventories closely heading into winter and be ready to remove transportation bottlenecks and use emergency authorities and regional fuel reserves \u201cto keep product moving to consumers,\u201d Ted Ellis, deputy director of energy and environment at the America First Policy Institute, said in a statement to the DCNF.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">\u201cThe <a href=\"https:\/\/amzn.to\/3YuVZYV\" >long-term solution closely matches<\/a> what the administration is already doing: create more supply and more capacity rather than trying to allocate scarcity.\u201d<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">Ellis noted that Congress can also help by passing permitting reform.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">U.S. diesel exports have risen while domestic inventories fell to record seasonal lows, Bloomberg reported. Restricting exports would hurt the U.S. because diesel trades in a global market, Turley said.<\/p>\n<p class=\"LexicalEditorTheme__paragraph\">High prices and fuel shortages would reduce global oil demand by about 1.5 million barrels a day this year compared with 2025, Hardy said, according to Reuters.<\/p>\n<div class=\"disclaimer\">\n<p>All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter\u2019s byline and their DCNF affiliation. 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