Diesel prices are at the core of at least some of the inflation we see now; everything moves by truck and trucks move by diesel. The equation is simple.
And despite the U.S. producing more oil than anyone in the world we do not have enough refinery space to do it. The Obama/Biden Administrations, along with W. Bush, not only let our refining capacity wane but actually encouraged closing them to make us dependent on foreign oil products and trying to force us into "green energy". So now we lack the ability to produce diesel even while we are lousy with the raw materials.
President Trump greenlighted the construction of a new refinery, the first in many decades, but it will take time to bring it online. And if he loses Congress it may never come online as they will start trying to find ways to kill it.
In the modern world most famines are not caused by crop failures but from political problems. Africa, for instance, often suffers famines because of wars and revolutions. The same holds true for oil prices; they are high for entirely artificial reasons, most of it tied to green energy and political machinations otherwise. Right now America should be enjoying dirt cheap oil but we aren't because of disastrous past policies and machinations in the oil producing countries beyond our control. I am quite certain the Saudis are not ramping up production now to screw over Trump and the GOP and to avoid angering Iran, for instance. And speculators drive up the prices, which may well be being done to try to drive regime change in Washington.
Diesel is at the heart of our economy and the elites know it. They had to know the war between Russia and Ukraine would do this (which may be part of why they don't want it settled). Russia is one of the biggest diesel exporters in the world, or was anyway.
At any rate we have to do something to boost diesel production and do it fast. This negates tax cuts and cuts in government size and spending and keeps driving up inflation. Then the Democrats can crow about "affordability".
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Dont blink because you will miss it but today was to be a truckers strike.Like farmers they will never get it together.
Posted by: Mike at October 01, 2026 12:00 PM (r7WVt)
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Hmm..hadn't heard about that Mike. Yeah; probably won't happen. And what would it accomplish anyway? That won't bring the price of diesel down. And how do we end the Russo-Ukrainian war, which is what is driving the price spike?
Posted by: Timothy Birdnow at October 01, 2026 04:08 PM (oflqW)