Diesel Prices Skyrocket in Western Canada

0:00It's April 7th. Welcome in. This is Calgary News Today, where local news meets AI. I'm Corey with the story. Diesel prices are spiking hard across Western Canada. All thanks to the ongoing war in Iran rippling out worldwide. Truckers and freight haulers are getting hit the worst, with costs jumping so fast they're scrambling to keep goods moving without losing their shirts. In Calgary, pumpset truck stops hit $2.20 per liter. By Monday, fueled by global supply crunches, even though North America's got plenty. That close trade of hormones is choking off oil flows elsewhere, pushing prices up everywhere. Independent drivers like one long haul vet are fed up, talking about ditching their rigs for company jobs where fuels covered. Freight outfits are slashing guarantees from 30 days down to 7, and passing on small hikes to customers just to stay afloat. With gas buddies say, don't hold your breath for a drop diesel, jet fuel, even regular gas will keep climbing with another few cents per liter, this week alone.

1:03Blame it on rising tensions, like US threats against Iranian sites if no deal lands. Without bigger subsidies or breaks, these operators could park their trucks for good, and that means empty shells for milk, eggs, and basics. The squeeze on rose today hits us all tomorrow, so keep an eye on those pumps.