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Inflation is Going to Get Worse. Blame a Lack of Diesel

May 31, 2022 at 08:44 AM CST

It cost Carl Smith $999 to refill the 275-gallons fuel tank of his semi-trailer on Sunday for a run from Ohio to Wisconsin—and that’s just because his fuel credit card cuts off at $1,000. In the nearly 40 years he’s been driving, the price of diesel fuel has never been that high. “That’s the most it ever cost me to fill up, and I didn’t even get all the way filled,” he says.