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 ArticlesCongress Not Needed to Issue $2,000 Tariff Rebate Checks, Trump SaysJan 20, 2026Polar Vortex Sends Natural Gas Prices Soaring 25 PercentJan 20, 2026Dow Jones Falls 600 Points as Trump’s Greenland Pursuits Take Center StageJan 20, 2026Netflix Counters Paramount With All‑Cash Proposal for Warner Bros.Jan 20, 2026Related Topicsgasolinediesel