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 ArticlesChina’s Central Bank Keeps Buying Gold—and Dumping US DebtFeb 12, 2026House Approves Bid to End Trump’s Tariffs on CanadaFeb 11, 2026Kraft Heinz Pauses Split as New CEO Says Packaged Foods Giant Is ‘Fixable’Feb 11, 2026US Economy Adds 130,000 New Jobs, Unemployment Rate Dips to 4.3 PercentFeb 11, 2026Related Topicsgasolinediesel
