Gas stations in the United States are experiencing diesel shortages as prices hit record highs, with the national average reaching approximately $6.28 per gallon. Several factors are contributing to this situation, including refinery outages, disruptions related to ongoing conflicts, and the ban on Russian diesel exports extended until the end of September. California and Texas are particularly affected by these supply constraints. As of September 30, prediction markets assign only a 1.2% probability to crude oil reaching a new all-time high, compared to 12.5% by the end of December.
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