$6 Diesel Echoes 2008 Gasoline Shock as Stocks Stay Stretched Commodity spikes tend to sow the seeds of their own reversal, and diesel's first-ever surge above $6 a gallon may echo gasoline's 2008 experience. The US daily average gasoline price, at roughly $4.30 on Sept. 11, is only about 4% above its 2008 peak, which helped fuel the Great Recession. Elevated stock market valuations could add to the vulnerability. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tlcjt9vttd0m {BI COMD} #diesel #gasoline #stockmarket @BBGIntelligence