The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline and diesel fuel remain near historically low levels in the Northeast.

The global diesel market looks set to get even tighter as power generators and industrial users seek relief from surging natural gas prices.

The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.

A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.

NEW YORK — When longhaul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.

The national average price of diesel fell for the fourth consecutive week — and by at least a dime for the third straight time — by 13.6 cents to settle at $5.432 a gallon, according to Energy Information Administration data released July 18.

The U.S. is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.

WASHINGTON — President Joe Biden on June 22 called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.

A wave of new oil refining capacity that’s coming on stream won’t be enough to solve a global shortage of diesel, jet fuel and similar petroleum products.

The national average price for a gallon of diesel reached a record high this week at $5.718 a gallon, according to data released by the Energy Information Administration June 13.