Diesel Crisis: Truck Drivers Quit as California Fuel Prices Near $10

Truck drivers are being squeezed by skyrocketing diesel fuel prices, and California is now seeing diesel prices approach $10 per gallon at some gas stations.

California’s statewide diesel average has climbed above $8 per gallon, while GasBuddy reported that several California stations reached the pump display maximum of $9.999 per gallon.

For independent truck drivers and small trucking companies, the numbers are becoming increasingly difficult to manage. Truckers interviewed by California news outlets report spending hundreds — and in some cases more than $1,000 — on fuel for individual trips. Some independent drivers say they have stopped working because they can no longer make enough money after paying for diesel.

This diesel fuel crisis could have consequences far beyond the trucking industry. Diesel powers freight trucks, agricultural equipment, construction machinery and other parts of the supply chain. As transportation costs rise, businesses can face higher costs for moving food, products and raw materials.

In this video, we look at California diesel prices, truck driver fuel costs, the trucking industry, owner operators, independent truckers, freight rates, fuel surcharges, transportation costs, supply chain costs, grocery prices, inflation and the potential impact of record diesel prices on American consumers.

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