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Economy
Diesel Soars to Record High, Impacting 3.5 Million American Truckers
2022-03-12
[BREITBART] The national average price for diesel fuel on Wednesday reached an all-time record high, impacting 3.5 million American truckers throughout the nation.

Rising 84 cents in one week, Wednesday’s national average hit $4.883, up 13 cents overnight, according to AAA.

Diesel transports about 70 percent of the nation’s freight tonnage, as just about all highway trucks are fueled by diesel engines, according to Diesel Technology Forum. About 3.5 million truck drivers and 711,000 trucking companies rely on diesel.

The record-high diesel prices will likely increase the cost of everyday products, such as clothing, produce, paper products, building materials, and vehicles.

The impact on everyday items will also increase the record-high inflation. New inflationary numbers will be reported Thursday.

Posted by:Fred

#12  Knew it. 100% wag the dog -- they're openly admitting it. They created hyperinflation last year, now they're launching a "financial war" that is sending inflation to the stratosphere, and now they're blaming someone else for what resulted from their own actions. What a disgusting crew.,

Biden, Democrats infuse Ukraine crisis into a recast election-year pitch to voters
In a string of political meetings over the past week, the president and his party made clear they hope to pin blame for rising gas prices and other issues on Russian President Vladimir Putin.
By Seung Min Kim, Sean Sullivan and Tyler Pager
The Washington Post
March 12, 2022

PHILADELPHIA — President Biden and his party have moved in recent days to reorient their election-year pitch to voters around Russia’s invasion of Ukraine — seeking to shift blame for struggles to tame rising prices onto Vladimir Putin ...

Democrats said they hope the message, which they honed in political meetings over the past week, will help address some of their biggest liabilities ahead of the November midterm elections. Chief among them are Biden’s low approval ratings and a widespread perception that Democrats are at fault for a sharp increase in inflation.
Posted by: Porthos   2022-03-12 22:15  

#11  "Hey, I thought that band was playing here tonight; what gives?"

"Couldn't afford the gas."
Posted by: swksvolFF   2022-03-12 15:55  

#10  "Now that Covid theater is over, you can use your mask to cover your eyes at the pump."
Posted by: swksvolFF   2022-03-12 15:52  

#9  Sacrifice!

For the Planet
For the Afghan Girls Who Code
For the Loving Memory of Martyr Floyd PBUH
For the Alphabet Folk
For the COVID
For the "Iranians I mean Ukrainians"
Posted by: No Fortunate Son   2022-03-12 14:50  

#8  All those work trucks too.

Funny you mention coffee; there was a meme back when gas started soaring, "Complaining about gas while drinking $5 coffee." Didn't last long, because the left can't meme, it was an own goal hitting the Starbucks type crown.

And because the left can't meme, they dusted it off, "All of you complaining about the price of gas after drinking $12 beers at the rodeo last night."

Of course, that was a $2 coffee and $5 beer last year. Whatever.

I'm sure you have come across the middle age wine ladies living off divorce money, "I'm doing my part" clear conscience episodes. A message so tin, you could can beans with it. More please.

"Just get an EV!" dorks; electricity is up too. And the stuff to make the batteries with.

The latest is a Well Ackshually piece about how drilling/harvesting energy domestically will not lower prices.

Guess next will be a tik tok dance 'For Ukraine" challenge where for every $10 you spend at the pump, can you do the dance continuously 1 minute. Bonus social credit points for doing the dance at a gas pump.
Posted by: swksvolFF   2022-03-12 14:34  

#7  
We stocked up here and there, over the last 2 years... We can likely manage for A GOOD WHILE ... if push comes to shove with many 2023 to 2025 canned and etc. food Best By dates.

But a few more items might be in order before the full impact of BIDEN's shutdown of the USA DRILLING is seen.
Posted by:     2022-03-12 10:23  

#6  ...put your coffee cup down now.
Posted by: Procopius2k   2022-03-12 08:52  

#5  "A clean conscience is worth a buck"
- Tesla-driving multimillionaire lefty

...featured on Tucker C's latest, You Are About To Get A Lot Poorer
Posted by: Porthos   2022-03-12 08:25  

#4  
The BIG IMPACT will be the food and basic items costing more.

Diesel here in Mid-Eastern GA. went from about 3.97 a gallon last week to $5.49 last night.

The Biden handlers/idiot Tree Hugging/ECO/Mother Earth 1st/Climate??/etc. types don't understand the 1st thing about supply and demand and its relationship to prices vs Income.

But they will when their Veggies and other such PC items start costing 10x in a few months.

HINT: Buy your Wheelbarrow NOW before the price goes up.

You need it to haul the $$$$$ around to buy a loaf of bread. IF there is any available.
Posted by: NN2N1   2022-03-12 08:15  

#3  Diesel transports about 70 percent of the nation’s freight tonnage

Totally beyond the comprehension of the urbanist hip crowd who have no idea how the economy actually works. "It's magic see when I flip this switch and the lights come on."
Posted by: Procopius2k   2022-03-12 08:11  

#2  No Margaret, we're never going back to Dayton. This is our new primary residence.

Posted by: Besoeker   2022-03-12 05:54  

#1  Don't forget Diesel-Electric locomotives and diesel farm machinery...
Posted by: magpie   2022-03-12 00:53  

00:01