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Price of diesel hits record high in New Hampshire

According to AAA, the average cost for a gallon of diesel in New Hampshire hit $6.23 Monday.

Price of diesel hits record high in New Hampshire

According to AAA, the average cost for a gallon of diesel in New Hampshire hit $6.23 Monday.

SOARING PRICES. GOOD MORNING. RAY: GOOD MORNING. MOST OF OUR DAY-TO-DAY TRANSPORTATION DOESN’T RUN ON DIESEL, BUT THE VEHICLES THAT DELIVER OUR GOODS DO. AND THESE HIGH COSTS OF DIESEL PRICES ARE TAKING ITS TOLL ON FAMILY-OWNED DELIVERY SERVICES. FILLING UP AT THE PUMP FOR DIESEL FUEL IS EMPTYING THE POCKETS OF TRUCK DRIVERS. HAROLD ALLEYNE-BEARD: YESTERDAY WAS THE FIRST TIME I’VE EVER FILLED MY TRUCK UP, AND I HIT OVER $1000. ON A FILL UP. RAY: ON ONE FILL UP? HAROLD ALLEYNE-BEARD: ONE FILL UP. RAY: THAT HAS TO HURT. HAROLD ALLEYNE-BEARD: IT DOES. RAY: THE RISING COSTS HAVE BEEN NO LAUGHING MATTER. GAS BUDDY SAYS DIESEL PRICES HAVE HIT A 30-YEAR HIGH NATIONWIDE. PATRICK DEHAAN: A LOT OF THIS GOES BACK TO, AGAIN, DIFFERENT LEVELS OF IMBALANCES. NOT ONLY ARE OIL PRICES HIGH BECAUSE OF RUSSIA’S INVASION OF UKRAINE AND SANCTION BS,UT WE’VE LOST A GOOD BIT OF REFINING CAPACITY, ESPECIALLY IN THE NORTHEAST. RAY: ONE TRUCK OWNER TOLD NE 9WS HE EXPERIENCED HIS SLOWEST MTHON OF THE YEAR, PROFITI JTNG $100,0. >> THE PRICE OF DIESEL IN MA THE PRICE OF DIESEL IN SSACHUSETTS, NEW HAMPSHIRE, AND PENNSYLVANIA IS TERRIBLE, MORE THAN EVEN IN CALIFORNIA. >> RIG NHTOW, I’M TRYING TO BITE THE BULLET, AND HOPEFULLY EVERYTHING CNGHAES. BUT I DON’T KNOW. OPTIMISTIC. RAY: ACCORDING TO GAS BUDDY, PREDICTING THE FUTURE OF FUEL PRICES IS NOT GOING TO BE EASY. THEY SAY IT DEPENDS ON SEVERAL FACTORS, INCLUDING THE WAR IN UKRAINE AND WHAT HAPPENS WITH THE COVID-19 PANDEC.MI PATRICK DEHAAN: CHINA IS A VERY LARGE OIL CONSUMER SO IF CHINA SHUTS DOWN SOME OF THESE BIG CITIES, ATTH COULD MEAN LOWER DEMAND, AND IT COULD MEAN LOWER PRICE. IT JT USDEPENDS ON HOW LONG THESE CITIES ARE SHUT DOWN. RAY: AS FOR REGULAR G,AS ACCORDING TO AAA, THE AVERAGE FOR A GALL
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Price of diesel hits record high in New Hampshire

According to AAA, the average cost for a gallon of diesel in New Hampshire hit $6.23 Monday.

The price of diesel hit a record high this weekend in New Hampshire.While most day-to-day transportation doesn't run on diesel, the vehicles that deliver goods do.From $600 to $800, filling up at the pump for diesel fuel is emptying the pockets of truck drivers like Harold Alleyne-Beard.“Yesterday was the first time I had to fill my truck all the way up and I hit over $1,000,” Alleyne-Beard said. According to AAA, the average cost of diesel fuel hit an all-time high at $6.13 a gallon this weekend. On Monday, the average price for a gallon of diesel in New Hampshire was $6.23. That's compared to $5.01/gallon one month ago and $2.95/gallon one year ago.One truck owner told News 9 he experienced his slowest month of the year, profiting just $1,000."The price of diesel in Massachusetts, New Hampshire and Pennsylvania is terrible, more than even in California,” he said. In Bow, the price of a gallon of diesel is $6.45 which is $3.51 higher than just a year ago.According to Gas Buddy, predicting the future of fuel prices is not going to be easy especially as the war in Ukraine wages on and the spread of COVID-19 continues to force cities that consume vast amounts of oil to institute restrictions."China is a very large oil consumer and if China shuts down along with these big cities, that could mean lower demand and it could mean lower prices. It just depends on how long these cities are shut down,” said Patrick Dehaan with Gas Buddy.AAA reported Monday a gallon of regular gas in New Hampshire was averaging $4.30.

The price of diesel hit a record high this weekend in New Hampshire.

While most day-to-day transportation doesn't run on diesel, the vehicles that deliver goods do.

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From $600 to $800, filling up at the pump for diesel fuel is emptying the pockets of truck drivers like Harold Alleyne-Beard.

“Yesterday was the first time I had to fill my truck all the way up and I hit over $1,000,” Alleyne-Beard said.

According to AAA, the average cost of diesel fuel hit an all-time high at $6.13 a gallon this weekend. On Monday, the average price for a gallon of diesel in New Hampshire was $6.23. That's compared to $5.01/gallon one month ago and $2.95/gallon one year ago.

One truck owner told News 9 he experienced his slowest month of the year, profiting just $1,000.

"The price of diesel in Massachusetts, New Hampshire and Pennsylvania is terrible, more than even in California,” he said.

In Bow, the price of a gallon of diesel is $6.45 which is $3.51 higher than just a year ago.

According to Gas Buddy, predicting the future of fuel prices is not going to be easy especially as the war in Ukraine wages on and the spread of COVID-19 continues to force cities that consume vast amounts of oil to institute restrictions.

"China is a very large oil consumer and if China shuts down along with these big cities, that could mean lower demand and it could mean lower prices. It just depends on how long these cities are shut down,” said Patrick Dehaan with Gas Buddy.

AAA reported Monday a gallon of regular gas in New Hampshire was averaging $4.30.