Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “diesel prices”

Europe Behind Diesel Price Spike

Barbara Boyd opens with diesel: As Ukraine’s strikes on Russian refineries tighten the world’s supply, President Donald Trump threatened to halt U.S. diesel exports unless Europe released its emergency stocks, and the G7 agreed to release 100 million barrels. She presents it as the opening move of a 35-day economic offensive running into the midterms.

The week of action includes Trump’s visit to the Peterbilt truck plant in Denton, Texas, where employee Sarah Renshaw credited tariffs for 1,000 new jobs; his Oklahoma rally; a White House luncheon with tech leaders on superintelligence; what the White House calls the largest steel plant ever built in the United States, coming to Iowa; Vice President Vance at the groundbreaking of Saronic’s Port Alpha shipyard in Brownsville, Texas; and South Korea’s plans for an Alaska LNG pipeline, a 6-gigawatt power plant in Texas and eight nuclear reactors.

On affordability, the episode walks through price increases under Biden (energy up 33% from January 2021 to January 2025), Vice President Vance on the inflation crisis he says the administration inherited, refining capacity, housing regulation and immigration, Secretary Kennedy at the MAHA Summit on AI giving every patient a better-informed second opinion, and the White House fraud task force’s crackdown on Obamacare enrollments.

It closes with Michael Shellenberger’s account of the student riots in France, French intelligence tying the movement to Jean-Luc Mélenchon’s France Unbowed (LFI), and NASA Administrator Jared Isaacman on a new golden age of space exploration. Here’s more from Promethean Updates.

Truckers May Stop Oct. 1

Okay so…diesel prices are skyrocketing, *isolated* fuel outages are being reported across Michigan, Florida, and Texas, airlines are cutting flights, and social media has been flooded with calls for truckers to park their rigs beginning October 1. And no, there is no ~officially confirmed~ nationwide trucker strike—but when operating costs exceed what a load pays…does it really matter? Trucks can be priced out of being operational.

In this follow-up investigation, we examine America’s tightening diesel supply, refinery disruptions in the Midwest, Saudi Arabia’s canceled oil shipments to Europe and the ongoing and recent attacks on their infrastructure, the declining Strategic Petroleum Reserve, Iran’s heavily subsidized gasoline prices (literally pennies for a liter of gas) and the economic pressure now spreading through trucking, farming, aviation and food distribution.

We also cover the history of the 1973–1974 oil crisis, when rising fuel costs helped trigger an eleven-day independent trucker shutdown, and ask what happens when modern supply disruptions collide with historically strained inventories and an economy built around constant transportation (spoiler: it’s not good). Here’s more from Really Graceful.

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