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Rising fuel and electricity bills are weighing on Americans ahead of the midterm elections. Gasoline averaged $4.38 a gallon and diesel $6.36, while electricity costs rose faster than overall consumer prices.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Americans are facing rising gasoline, diesel, and electricity costs less than a month before
00:07the midterm elections, putting energy prices at the center of voter concerns, according to
00:11the Wall Street Journal. Much of the increase has been driven by the U.S. war with Iran. Diesel
00:16prices reached $6.36 a gallon Saturday, up from $3.70 a year ago, while the national average
00:23gasoline price rose to $4.38 from $3.15. Electricity costs increased 3.8% in August from a year
00:31earlier, outpacing the 3.4% rise in consumer prices. Higher diesel costs are also raising
00:37concerns for trucking and agriculture, while households and businesses are dealing with
00:42higher fuel and electricity bills. For all things money, visit Benzinga.com.

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