Soaring U.S. diesel prices slam local communities as fuel costs surge
Soaring diesel prices are rippling through the U.S. economy, putting a financial squeeze on schools, farmers and small businesses as their fuel costs spike.
Average diesel prices hovered around $6.50 a gallon on Friday, just below their record high of $6.53 on Sept. 22 and up from $3.69 a year ago, according to AAA . That jump is raising the cost of operating school buses and forcing some institutions to scramble for ways to cut costs.
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