Diesel prices in the U.S. broke a new record high this past weekend, as the U.S. and Israel’s continued war on Iran has led to a rapid increase in worldwide fossil fuel costs over the past six months. On Friday, a gallon of diesel gas surpassed $5.85, the highest price ever recorded. The increased fuel costs will likely translate into higher prices for consumer goods, since many of the…
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$5.78 in 2022 would be $6.59 in 2026 dollars.
$4.73 in 2008 would be $7.34 in 2026 dollars.
I get it, the number recorded is bigger. Is the “cost” bigger? Especially in 2008 with the economy crashing.



