Posted on 10/12/2026 12:59:56 AM PDT by nathanbedford
That’s turned up the heat on Trump and the Republican Party to address surging prices ahead of the Nov. 3 midterm elections. The president’s approval ratings on the economy have hit a new low, according to an AP-NORC poll released last week, as the Iran war and his trade battles have increased U.S. prices for oil and other goods.
A limited impact, at best Energy policy experts on Friday expressed doubts that a boost in diesel supply from Russia will have a significant impact on oil prices, whether in the U.S. or globally.
(Excerpt) Read more at apnews.com ...
Who cares about Ukraine? Trump’s deal with Russia now gives our money to fund our Iranian enemies with more weapons and missiles.
The problem with diesel prices is refining capacity and Russia refines over 50% of all diesel in the world. He is trying to deal with Russia and Ukraine to get Ukraine to stop bombing the Russian diesel refineries and in return getting Russia to quit bombing Ukrainian energy targets to stabilize the global price of diesel.
Ukraine is not ours to sell.
Gleeful, eh.
Experts🤦🤦♀️🤦♂️
Diesel used in the US has been flat for the last ~ 20 years.
Unclear of what fraction of that was domestically distilled.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mdiupus2&f=a
I doubt the story. The headline itself is at odds with the jaws of economics. Boosting supply has little impact on prices?!?!
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