- diesel - Oil Prices ## As diesel hits $10/gal., rumors swirl that stations are running out Last week, a number of diesel stations in California appeared on social media with the prices pinned at 9.99 – the highest number the pumps could display. Today, the pictures are showing something different: gas stations that are out of diesel entirely. Sensational posts about America running out of diesel have been popping up on YouTube pretty regularly since the US launched military strikes on Iran causing the closure of the Strait of Hormuz earlier this year – but this latest round of hysteria is…