US diesel prices climb above Biden-era average as export volumes hit record

Retail diesel prices in the United States rose to about $5.13 per gallon, surpassing the average seen during the Biden administration. The increase is linked to supply‑chain disruptions from the recent Middle‑East conflict, which has pushed up fuel costs and created a political challenge for former President Trump.

At the same time, U.S. diesel exports reached a new high of 1.9 million barrels per day, mainly to Europe, while domestic production fell and inventories dropped 12 % below the five‑year average – the lowest level since 1996. Analysts warn that the thin stockpiles could strain the domestic market as the heating season approaches, since diesel is also used to make heating oil.

The dual pressure of higher consumer prices and record export shipments highlights the tightness of the U.S. diesel market amid global geopolitical tensions.