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Diesel fuel prices are up ~50% this year to $5.35/gallon, a record premium over gasoline and crude oil, according to The Wall Street Journal, showing how disruptions in globalized energy markets are fueling price shocks and potential shortages.

The spread between diesel and gasoline has widened to an all-time high of $1.61/gallon from just $0.23 a year ago; The US has just 25 days left in diesel reserves…

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