Posted on 09/23/2026 12:01:44 PM PDT by sopo
Take heart, we only need to wait approximately 60-days until we see a major price decline in diesel and gasoline prices in the USA. Once the midterm election is over, prices will begin their retreat with the finished collapse mid-January.
The non-pretending reality exists within a generally non-western perspective that current “market prices” are not driven by oil supplies, refining capacity or the other various justifications used by the speculators, traders and various regional spot-market control systems. The prices are being controlled in order to influence political outcomes.
Once those political influence operations are concluded, the stakeholders in the market price approach will moderate their justifications accordingly, and prices will plummet. Sound nuts? Well, let me explain who agrees.
On my side of the argument is Russian Federation President Vladimir Putin, who does happen to operate the world’s largest gasoline station – at least, according to the professional republicans. Others on my side include Chinese Chairman Xi Jinping, Saudi Crown Prince Mohammed Bin Salmon, Qatari Sheikh Tamim bin Hamad Al Thani, Turkish President Recep Erdogan and Venezuelan interim President Delcy Eloína Rodríguez Gómez.
Others who accept the reality of this position, albeit with various political limits to their ability to speak openly about such matters, include President Donald J Trump, Treasury Secretary Scott Bessent and Secretary of State Marco Rubio. Unfortunately for this aligned group they are stuck inside the largest western political system who controls global finance and world economic outcomes.
What all of these aforementioned names understand is that “market prices” are entirely detached from the archaic terminology behind supply and demand; a quaint concept that stopped applying years ago – but pretenses must be maintained or else the masses may find their pitchforks, see: DSA pitchfork suppliers.
A second subset of allies who unintentionally support this perspective, includes those who use the terms “sold at a discount” where “sold at a discount” in reality means sold outside the western market pricing approach.
How many times have you seen the term “sold at a discount” repeated when you are reading about former Venezuela oil being sold to China, or current Russian oil being sold to India?
It’s such a common term it is accepted without anyone ever asking, ‘what is this discount you speak of, and how is it applied’? No-one seems to ask that part.
We accept this terminology created by “western market pricing” advocates just as we accepted the term “service driven economy” in the era before Donald Trump.
The reality is that ‘western market prices’ are not an outcome of supply, demand or even availability or production capacity. Western market prices are determined by speculators, traders and regional benchmarks created by “independent agencies." Remember those pesky housing loan bond rating agencies, Standard and Poor’s and/or Moody’s during the lead-in to the 2008 financial crisis. That type of rating ‘independence’ is akin to the benchmarks of these regional independent agencies within the energy markets; which is to say, they are not independent at all – they are part of the manipulated western financial system that determines ‘market pricing’.
Behind that curtain are the traders, speculators, ideological banks and financial systems who create the finance system for the energy market. Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc. Not coincidentally changing these lending rules and regulations was Mark Carney’s former job. Does that sound like an open market approach?
Thus, when you really understand how this pricing is structured you begin to realize the price of diesel has nothing to do with the supply of it and the price is more controlled by those who wish to generate financial -or political- outcomes from it.
You don’t have to take my word for it, review the words of the world’s largest oil/gas producer about this rigged game. {SEE HERE} Wouldn’t Vladimir Putin be the subject matter expert?
“How, in fact, is the price of gas formed on the European exchanges? It is not determined by producers, but by exchange traders.” In essence, right now “the west”, specifically Americans, are paying fuel costs based on market commodity prices. The most recent examples are oil, LNG and now the headline leading, diesel fuel. However, the actual supply of diesel fuel is not driving the price. The price is being driven by speculation and trading, which is based on arbitrary price formulas created by western multinational corporations and financial markets.
Right now, Russia is overproducing diesel fuel, and shipping it out of the country to allies. Yet diesel prices in the west are determined by commodity traders, and the pricing mechanism is disconnected from the supply. {SEE HERE}
This is why Secretary Bessent essentially said yesterday, he was “evaluating” calls for a U.S. export ban on diesel. Bessent knows it makes no sense to halt U.S. exports of diesel fuel, because (a) the US has no ability to store it, and (b) if we produce more than we can store, that doesn’t lower the USA price.
Our US diesel supply doesn’t lower the US diesel price because the price is set by market traders, by the western financial markets, not by production or supply. There is a disconnect. It’s the same reason why Oranges grown in Florida cost the same as Oranges shipped into Minnesota. Local supply does not determine local price; the rigged commodity market does.
The USA could be swimming in diesel fuel and yet the price at the pump remains $6/gal.
Ironically, or not, Sylvain Charlebois, a Canadian describing the potash issue, exposed the western price manipulation in this article {SEE HERE} when ultimately, he asks, ‘how can Belarus sell potash so cheap’, and ‘Belarus could put pressure on Canadian potash prices’.
If Potash pricing is determined by western market commodity prices, then how can America get a cheaper fertilizer product for their farmers by buying from Belarus? The answer is in the part of the conversation they don’t want us to have.
Belarus can ship the product far cheaper to the USA because Belarus doesn’t need to participate in the “western commodity” pricing structure. Belarus can increase production and sell at a price they determine, exactly like Russia.
Apply this level of potash thinking to oil, gas or diesel fuel, and you realize what BRICS have been arguing about western price manipulation. Suddenly the price is not attached to supply, demand or production capacity, but is really connected to an elite rigged game of market price controls.
The price of USA gasoline and diesel will drop as soon as the event behind the price control is concluded.
That event is the USA midterm election.
The reality is that ‘western market prices’ are not an outcome of supply, demand or even availability or production capacity. Western market prices are determined by speculators, traders and regional benchmarks created by “independent agencies."
Behind that curtain are the traders, speculators, ideological banks and financial systems who create the finance system for the energy market. Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc. Not coincidentally changing these lending rules and regulations was Mark Carney’s former job. Does that sound like an open market approach? "
Once they achieve the desired political outcome in midterms, prices collapse
Good News?
Hardly. By now we all know not to expect Sundance to be right about anything.
No one has enough money to control the market this way. Prices are up because the war has not ended. The war has not ended because the Iranians hope that the midterm elections will sweep the Dems back into power.
Of note, Putin regularly voices his preference to allow market forces to reign un encumbered by those who oppose market forces.
Yes, Putin is a free market guy.
I heat my house with oil. I always get a “pre-buy” agreement to lock in a price for the winter. Last year it was just a bit more than $3.00 a gallon and I bought 1100 gallons at that price and it got me through the winter. At the moment, the price is a bit lower than $6.00 and the situation is so unstable that my oil company is not able to offer any sort of pre-buy. I don’t think anyone can predict what is going to happen.
“Speculators and traders” = free market capitalism
Conservatives love free markets except for when they’re on the wrong side of a trade. What’s headlined as “good news” is merely wishful thinking.
Since the beginning of the war, there’s been a drumbeat of predictions of sharp declines in oil prices.
The writer’s claim that Belarus can undercut the current pricing in potash is a red flag that he is unserious and ignorant.
What an idiot. “ Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc.”
and this gem “You don’t have to take my word for it, review the words of the world’s largest oil/gas producer about this rigged game. {SEE HERE} Wouldn’t Vladimir Putin be the subject matter expert?
“How, in fact, is the price of gas formed on the European exchanges? It is not determined by producers, but by exchange traders.” In essence, right now “the west”, specifically Americans, are paying fuel costs based on market commodity prices.
This idiot supports the Green scam and believes commodity markets set prices. His ignorance is complete.
Gold is another example of a demand driven price . Current price is 4301$ price per ounce. Rhenium is $257 per ounce even though Rhenium is much more rare! We can travel all over the world fairly quickly because of Rhenium, it is essential in the manufacture of jet blades.
What good will that do for Iran. Trump will still be there.
Funny how the globalists—at the Brent Crude Futures table in the notorious City of London—control world oil prices.
Iran was their proxy for control. This is why Tump went after the IRGC.
He’s presented really interesting thought on Russian diesel, they have so much , they ship at deepdiscounts to central Asia, what they do with it, I don’t kow, probably ship it to Iran. But several days ago, he talked about Ukraine’s attacks on Russian diesel, that U.S. asked him to desist. He cited a “4 day rule” in government policy msking. I can’t review exactly what the intel was that he said EU analysts had passed up the chain to political leaders, but he said it usually takes 4 days for a chain of communication to go from intel assessment to policy makers, in this case posited that it led EU leaders t shut up about Russia, at least in terms of diesel (don’t quote me). So EU must already be squeezed worse the US, and if we cut off exports, more pressure on them. I don’t know why he didn’t recap his argument from the other day, I guess because his focus is longer -term, to the way a collapse plays in to the hands of climate change strategy.
Free Beer! Tomorrow!
Nope, definitely not a proponent of the green scam, he says the longer term here, of oil collapse is what Economic Forum is looking for
“Once the midterm election is over...”
And that’s the problem.
Fits his theory lots of this is still British Empire, Carney in perticular.
You are correct. The RBOB (gasoline) futures contracts agree with you as well.
“market prices” are not driven by oil supplies, refining capacity or the other various justifications
The author goes from one extreme to the other.
Supply and Demand are currently part, but not all, of pricing. Profits of Producers, Customers and middle men are a consideration.
Government’s finger on the scales of carrots and whip are a consideration.
It is complex. Individual players can often see through the complexity and see a path to either short term or long term advantage by playing or holding certain cards in their hand.
Could putting export controls on our diesel, or cause large leaks ( no pun) of deliberations to do so, put enough pressure on EU to cause them to crack first?
> What good will that do for Iran. Trump will still be there. <
A Democrat Congress can and will impeach Trump. But that will go nowhere.
A Democrat Congress can also cut off all funding for the war. That might go somewhere, if the D’s are willing to shut down the government over it.
Because of Iran that spigot is turned down and other countries are getting rich off oil now . Like the United States. Venezuela is about to get rich off of oil again as well. The longer this war drags on the poorer Islam becomes and the richer the West becomes.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.