Gold and CommoditiesRetail Diesel Prices Surge to Fresh Record High Amid Tight Supplies00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintThe 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 ArticlesNvidia Posts Record Revenues, Reaffirming Market’s AI BoomNov 19, 2025Fed Split Over December Rate Cuts, Raising Economic UncertaintyNov 19, 2025Imports Drop Sharply in August, Narrowing US Trade DeficitNov 19, 2025Mortgage Demand Sinks 5 Percent as Interest Rates Reach 1-Month High: MBANov 19, 2025Related Topicsgasolinediesel