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California Diesel Hits Record High Amid Global Turmoil
25 Mar
Summary
- California diesel prices exceeded $7.01 per gallon, setting a new record.
- Global conflicts and limited domestic refining capacity drive price surge.
- Two California refineries closed since October 2025, reducing capacity.
California is currently experiencing record-high diesel prices, with a gallon averaging $7.018. This surpasses the previous record set in June 2022. The ongoing conflict in Iran and its impact on global energy shipments, particularly through the Strait of Hormuz, are major contributors to the surge.
The state's limited oil-refining capacity exacerbates the issue. Since October 2025, California has lost two refineries, resulting in a roughly 20% decrease in its refining capability. Nationally, diesel prices are also elevated, hovering above $5.30, their highest point since November 2022.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
