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Would access to Russian diesel help lower U.S. prices?

Diesel prices remain above six dollars a gallon, straining trucking, agriculture and construction sectors while experts debate whether Russian imports could provide relief.

Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons
▶ As it aired · Your Money

Watch it as it aired: Chip Darnell and Vera Bullock on this story, from BBN Newsroom at 3:54 PM ET. Cartoon anchors, real headline: the facts are CBS News's, the jokes are ours.

Photo: Diesel fuel
Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Chip Darnell · U.S. News AnchorHere it is: average U.S. diesel is stuck above six dollars a gallon, and experts are debating whether buying Russian diesel could bring that down.

  2. Vera Bullock · Co-AnchorAbove six dollars. Per gallon.

  3. Chip Darnell · U.S. News AnchorThat's the number CBS News is leading with, and it's hitting trucking, agriculture and construction, the businesses that move and build everything.

  4. Vera Bullock · Co-AnchorSo what actually happened today? Did somebody sign something?

  5. Chip Darnell · U.S. News AnchorNot that we have. The story is a question CBS is asking: would access to Russian diesel help?

  6. Chip Darnell · U.S. News AnchorIt's not clear yet whether anyone is actually moving on it.

  7. Vera Bullock · Co-AnchorSo it's a debate, not a decision.

  8. Chip Darnell · U.S. News AnchorRight, an editor's angle. Experts are arguing over whether importing it could offer American consumers relief at the pump.

  9. Vera Bullock · Co-AnchorGive me the background, like I'm reading this under my desk, because I am.

  10. Chip Darnell · U.S. News AnchorDiesel is the fuel for big engines, so it's the trucks, the tractors, the excavators. When it costs more, they pass that along to somebody.

  11. Vera Bullock · Co-AnchorSomebody being me, at the grocery store.

  12. Chip Darnell · U.S. News AnchorPossibly. The data doesn't spell out how much of the price lands on your cart, but the cost does start at the truck.

  13. Vera Bullock · Co-AnchorSo a six-dollar gallon is hiding in my sandwich.

  14. Chip Darnell · U.S. News AnchorIn the bread, the lettuce, and the truck that brought the lettuce. It's a very inclusive price.

  15. Vera Bullock · Co-AnchorWho wins if they do import it, and who doesn't? Walk me through both sides.

  16. Chip Darnell · U.S. News AnchorSupporters would say more supply could ease prices for drivers, farmers and builders.

  17. Chip Darnell · U.S. News AnchorCritics would ask whether buying fuel from Russia is the right way to get it.

  18. Vera Bullock · Co-AnchorThat's fair, and CBS says experts are split on it. I don't see either side as silly.

  19. Chip Darnell · U.S. News AnchorSame. The pump says one thing, the politics say another, and nobody gets to pay in opinions.

  20. Vera Bullock · Co-AnchorWhat should we be tracking going forward?

  21. Chip Darnell · U.S. News AnchorWhether any official response follows the debate, and whether that six-dollar average moves at all. Right now, it's not clear.

  22. Vera Bullock · Co-AnchorSo the one-sentence version again: diesel is above six dollars, and a debate is open on a Russian fix.

  23. Chip Darnell · U.S. News AnchorAnd the only thing stuck harder than the diesel price is my smile about it. It is not going anywhere.

  24. Vera Bullock · Co-AnchorThen at least something in this economy is loyal.

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The story so far

  1. Trump Says Plague Isn't Believed a Bioweapon, Per ABC · ABC News
  2. Tropical Weather Eyes Both U.S. Coasts at Once, NY Post Says · New York Post
  3. Zelenskiy Presses US as Strikes Kill Over 70 · Reuters
  4. Trump Announces Deal With Putin for Russian Diesel to US · New York Post
  5. Bipartisan bill would bar U.S. purchases of Russian oil · The Hill
  6. Trump's Zelensky attack, Russia diesel deal draw backlash; Erie… · The Washington Post
  7. Would access to Russian diesel help lower U.S. prices? (this story)

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