Diesel prices rose four cents a gallon over the past week, per data from GasBuddy, and sit at $6.34 per gallon today – down from the recent high of $6.52 a gallon from back on Sept. 23, but still significantly higher than it was in the walk-up to the president’s war of choice in Iran.
The low-water mark in the past year: $3.48 a gallon, back on Jan. 17, as the Trump administration was beginning its saber-rattling with Iran
Where we are today is an 82.8 percent increase over where we were on Jan. 17.
If you think, well, that’s OK, my car doesn’t run on diesel – if only it were that simple.
Everything you buy is transported by a series of vehicles that use diesel.
Wanna know why you’re paying more at the grocery store?
Gas prices, meanwhile, are at an average of $4.24 a gallon nationally.
The low-water mark in the past year: $2.74 per gallon back on Jan. 11.
That percentage increase: 54.7 percent.
The short-term outlook: more of the same.
“Diesel edged modestly higher nationally, and with the national average for gasoline likely to remain above $4 per gallon and diesel above $6 heading into the U.S. election, the relief motorists and policymakers have been hoping for remains elusive — even as states have moved to cut fuel taxes and the Trump administration has pulled virtually every lever available,” said Patrick de Haan, the head of petroleum analysis at GasBuddy.
To be clear, the “policymakers” hoping for lower prices relative to the election all wear red hats.
They want to be able to continue the dumb war in Iran and somehow magically get power gas and diesel prices at the same time so that their losses in the midterms won’t be quite as catastrophic.
The rest of us know that these two things are connected.
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Chris Graham
