U.S. diesel prices fall below $6 a gallon to two-month low

What happened: U.S. diesel prices fell below $6 a gallon on Saturday for the first time in more than two months, according to GasBuddy, as declining crude prices and weaker seasonal demand eased fuel costs. Key numbers: National average retail diesel $5.998 per gallon. Why it matters: Elevated diesel costs had added to inflation through transportation, agricultural, and freight expenses, and high fuel prices became a major political issue in November's midterm elections. Refinery maintenance is largely completed by November, allowing production to recover.

U.S. diesel prices fell below $6 a gallon on Saturday for the first time in more than two months, according to GasBuddy, as declining crude prices and weaker seasonal demand eased fuel costs.

Elevated diesel costs had added to inflation through transportation, agricultural, and freight expenses, and high fuel prices became a major political issue in November's midterm elections. Refinery maintenance is largely completed by November, allowing production to recover.