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The national average for diesel is now $6.20, up 60 cents (11%) over the past 2 weeks.
A typical 18-wheeler carries about 200 gallons. Filling it now costs $1,240, $120 more than 2 weeks ago.
They average about 7 miles per gallon (efficient for a vehicle that can weigh up to 80,000 pounds, including freight).
So a 2,000-mile trip from Chicago to LA now consumes about 300 gallons (including climbing the Rockies), costing ~$1,900 in fuel alone.
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@CommodMkt calls commodities "dirt and diesel."
All commodities come out of the ground, either grown, dug up, or pumped out.
The machines used to harvest, dig, or drill all run on diesel.
Diesel is in commodity prices; see the blue line. https://t.co/53lupRrU8L
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