Gas Is Back at $4, but a Top Commodity Analyst Says the Real Pain Is in Diesel
Gas is back at $4, but analyst Matt Smith says diesel near $172 a barrel is the real threat, fueling inflation risks and near-record refiner margins.
Diesel fuel prices are climbing really high, which makes it more expensive to ship things around the country. When shipping costs go up, companies that deliver stuff (and the things they sell) might cost more, so that's something to watch in how prices change.
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