Marketplace Morning Report Gasoline and diesel prices are spiking
Mar 6, 2026
Elizabeth Troval, reporter on regional development and retail, explains booming supermarket construction in Dallas–Fort Worth. Kaylee Wells, reporter on fuel and transportation, breaks down diesel price spikes and shipping impacts. Nova Safo, correspondent on energy and consumers, outlines rapid gasoline increases tied to Middle East tensions. Short, timely takes on fuel, freight costs, and grocery growth.
AI Snips
Chapters
Transcript
Episode notes
Rapid Gas Price Spike After Middle East Conflict
- U.S. gasoline prices spiked 34 cents in a week after the Middle East war, reaching an average of $3.32 per gallon according to AAA.
- Analysts and the White House view the inflationary effect as likely temporary if the conflict is short-lived, and President Trump said he won't tap the strategic reserve.
Diesel Surge Will Raise Shipping And Airline Costs
- Diesel topped $4 a gallon for the first time in nearly two years and is rising faster than crude oil prices right now.
- Experts say diesel impacts manufacturing, freight, and jet fuel, so higher diesel translates quickly into higher shipping and airline costs.
Crude Type Affects How Fuel Prices Move
- Diesel is rising faster than crude because Middle Eastern crude yields more refined gasoline and diesel, tightening supplies for other crude types.
- Morgan Bazillion and Hugh Daigle explain diesel's spike will immediately affect jet fuel and freight costs, then trickle into consumer prices.