It now costs over $200 for a barrel of diesel, at a time where we're already in deficit a few million of barrels of oil a day.Diesel is inelastic. China has stopped exports. All but 5 refineries in Russia have been hit. Middle East situation is not improving, ships are transiting around the horn of Africa to get to Asia. Strategic reserves are record lows.All this to say, diesel is going to hit $12 a gallon at the end of November. Covid inflation is going to look like a fucking joke.https://www.bloomberg.com/news/articles/2026-08-18/diesel-margins-top-100-a-barrel-to-reach-record-high-as-supply-crunch-grows
>>543658655reminder that the migger truck protest went NOWHERE
Europe is supposed to release a bunch of stockpiles soon and the price will go down
>>543658765Stockpiles aren't infinite and the Middle East situation is not ending.
>>543658765Two more soon
>>543658655Not my problem
>>543658655China can export diesel nutz
>>543658765>europe ismigger cope. shut the fuck up and face the wall.
>>543658655Markets are fake and gay.
>>543658655I drive EV.
>>543658655that's the price of freedom
>>543659065>I drive EV.Farms, food, goods, construction materials, etc. don't.
Iran can’t have a nuclear weapon
>>543658655you need 92 dollars for diesel
>>543658655democrats shut down refineries.
>>543658655Russia and China simply banned export to avoid that. There is literally no reality in which fuel producer must sustain severe inflation due to external fuel supply disruption. It's buyers' issue. American gov is simply corrupt and on a leash of oil producers, is all.
>>543658655Art of the shart.
>>543658655Why did you post an article from August 18th? :^)
>>543659198We import 70% of our diesel from you and 80% of the fertilizer from Belarus. I better learn how to make biodiesel
>>543658655The consequences are already being felt across the globe; Argentina, for instance, had a projected growth rate of 4% for this year, but due to global instability and the oil crisis, that figure was cut to between 1.6% and 2.5%. And this is despite the fact that the Milei administration actually created the right macroeconomic conditions to ensure growth—lowering inflation, achieving a fiscal surplus, and boosting exports. I truly do not understand what Trump hopes to gain from his actions regarding Iran. At this point, it is obvious that there are only two possible solutions: either withdraw from the Strait and negotiate with Iran, or escalate the situation further and prepare for a ground invasion. This status quo is wreaking havoc on the global economy.
>>543659197wow they did that with a full republican senate and presidency thats insane.
>>543659405>milei hizo todo bien, pero pasaron cosas>el mundo no acompañoExactamente la misma excusa que Macri retardadito
israel must be protected at all costs. we can endure 30 dollar diesel and no food.MAGA!!!!!!
>>543659380I wanted to use that graph and the price has continued to trend higher in the past month.https://rbnenergy.com/market-data/3-2-1-crack-spread
Crack is whack.
>>543659380The situation remains the same.
>>543658655Why don't you buy one of these barrels then? It's 42 gallons in a normal barrel, that's way cheaper than at the pump. Oh wait... this price isn't actually real as noone can buy at it... It's all fake and gay.
>>543661102Are swedes all this retarded? I wasn't talking about retail, this is the cost of goods sold you fucking idiot, no shit retail will be higher.
