Gold and CommoditiesRetail Diesel Prices Surge to Fresh Record High Amid Tight SuppliesSavePrintThe prices for a liter of diesel and various grades of gasoline are seen on a gas pump at a gas station, in Burnaby, B.C., on March 2, 2022. The Canadian Press/Darryl DyckAndrew Moran5/12/2022|Updated: 5/12/2022Retail diesel prices hit another record high of $5.557 per gallon on May 12, according to the American Automobile Association (AAA).The cost of a gallon of diesel, which has risen 1.5 percent over the past week, is 10.5 percent higher than a month ago.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentAndrew MoranAuthorAndrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."Author’s Selected ArticlesUS Dollar Poised for Largest Annual Decline Since 2003Dec 26, 2025US Labor Market Steadies as Jobless Claims Fall AgainDec 24, 2025Global Economy Prepares for Second Year of Trump’s Trade, Tariff PlansDec 24, 2025US Economy Expands 4.3 Percent in 3rd Quarter, Topping ExpectationsDec 23, 2025Related Topicsgasolinediesel
