premium used to be 20 cents more than regular. now it's a $1+ in some places. it's not just "harder to refine." i dug into why the grade gap has quietly exploded. what's the gap at your station right now? (if you like this kind of digging, a follow helps)
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gas prices still holding stubbornly high, and with today's wholesale price increases (as markets react to a potential diesel export slowdown), we may see some upward price pressure until a decision (if any) is made. for now, national average $4.482/gal for gas, $6.52/gal diesel.
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wholesale gasoline prices appear to be reacting to the potential diesel export controls- California wholesale gas prices hit 30-day highs, along with NY region and Gulf region. I'll keep watching, but as I mentioned earlier, touching diesel exports could do this *exactly*
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a little different from my usual post. Straight Arrow News asked what it's actually like explaining gas prices every day when they won't leave the headlines. grateful for everyone here who asks questions in good faith. you're the reason i keep doing this.
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waiting for the shoe to drop on what the real plan is
*US NOT PREPARING FOR 90-DAY DIESEL EXPORT BAN: REUTERS
The U.S. isn't short of diesel. The world is.
So would banning U.S. diesel exports actually lower prices?
It might sound like an easy fix. But once you look at refinery economics and how fuel actually moves, the answer gets complicated.
Here's why:
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⚠️XOM RESTARTING: big price relief coming to the states hardest hit by the power outage at the ExxonMobil refinery in Joliet, IL last week. Wholesale gasoline seeing a large 23c/gal drop and diesel down even more significantly. Price relief coming to MI, IN, OH, IL, WI soon.
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ALERT: Live data showing that #
DieselPrices# appear to be rising to $6.89/gal in #
Ohio# today.
XOM did not "shut down" its refinery- it lost power- through its utility provider ComEd, per a statement. It's losing tens of millions every day its output is impacted, and is likely scrambling to restart ASAP. no refiner wants any unforced downtime, not a single one.
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2 Russian oil refineries were hit overnight by Ukrainian drones, in Krasnodar and Tatarstan, capacities of ~80,000bpd and 320,000bpd, respectively
28 states that today have set a new all-time high for diesel:
AK, AL, AR, CA, CO, FL, GA, IA, ID, KS, LA, MD, MN, MO, MS, NC, ND, NE, NM, OK, SC, SD, TN, TX, UT, VA, WA, WY
HISTORY: diesel has crossed $6/gal nationally for the first time ever, according to live GasBuddy data. every truck, every delivery, every package, every grocery run just got more expensive. the cost of moving everything in america just hit a record. Statement⬇️ (9/10/26, 3p CT)
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MAXXED OUT at $9.999!! GasBuddy data showing 5 stations in California that have hit the limit and are selling diesel at the dispensers highest possible price: $9.999/gal
It's full-day official: GasBuddy data shows yesterday's full-day official national average price of diesel at $5.848/gal, setting a record, beating $5.819/gal on June 17, 2022.
BREAKING: according to GasBuddy data, the live U.S. national average price of diesel has set a new record: $5.820/gal, surpassing the previous daily $5.819/gal all-time high that occurred June 17, 2022. (9/3/26 3:25pm ET)
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PADD 1 distillate inventories just fell 8%- in one week- really starting to get concerning, especially with Irving Oil's refinery going down in 2 weeks for 2 months... just 2.3 million barrels of distillate in New England. a 17% weekly drop in PADD 1C as well...
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with a little over 2 weeks before Labor Day, it's looking like both gasoline & diesel averages will be at their highest ever Labor Day level. current records for highest LD ever (nominal):
gasoline $3.83/gal (2012) vs $4.10 today
diesel $5.05/gal (2022) vs $5.58 today
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ALERT: #
GasPrices# appear to be rising to $4.29/gal in #
Tennessee# today. This is a price cycle to an elevated amount due to the Iran situation pushing oil prices higher.