Diesel Hits $6, Californians Prepare to Remortgage Their Teslas
KEY POINTS
- â˘On September 11, the national average diesel price hit over $6 a gallon, marking a 60% increase from last year.
- â˘Top companies like Kroger, Smithfield Foods, and Hormel warn consumers to brace for rising grocery prices due to diesel costs.
- â˘Energy turmoil from the Strait of Hormuz closure after Trumpâs war with Iran pushed costs to $300 million extra daily nationwide.
The unprecedented price of diesel soared above $6 a gallon nationwide last Friday according to AAA, up a staggering 60% since last year. California, apparently declaring war on wallets, is flirting with diesel prices over $9 at some stations and poised to lead the nation past the $8 mark. Energy costs spiked sharply after Trump's Iran war ignited chaos at the Strait of Hormuz, as the EIA bumped 2027 diesel price forecasts to an eye-watering $4.40. Corporate prophets from Kroger to Smithfield and Hormel are sounding alarms that your bacon and Sharpies will soon cost you premium lip-smacking rates as CFO Mark Erceg pointed out diesel inflation is crushing Newell Brandsâ portfolio harder than a Monday morning hangover. Consumer pockets nationwide are hemorrhaging an extra $300 million every 24 hours just to keep trucks rolling, turning the energy shock into a general "cost shock" apocalypse.
Share the Story
(1 of 3)Diesel prices topping $6 is not an energy crisisâitâs a "How Soon Until I Auction My Soul" crisis. Congrats, California, selling gas by the gram next stop.
When diesel costs more than the clothes on your back, even your Sharpie feels expensive.
Remember when filling your tank didnât require therapy? Now itâs a TED talk about survival.
Source: Axios | Published: 9/11/2026 | Author: Nathan Bomey
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