The national average for a gallon of diesel fuel reached it's all-time high on Monday according to the latest data from AAA that also showed unleaded gas is nearly tied with its record-high price reached earlier this spring.
The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion as prices of oil and imported products rose due to soaring inflation, according to data released Friday by the Census Bureau and the Bureau of Economic Analysis.
President Biden will release a record 1 million barrels of oil per day from the Strategic Petroleum Reserve in a bid to contain soaring energy prices...