US diesel hits record $6 a gallon on Iran supply shock

https://www.ft.com/content/ebfa69a3-323b-450d-8bfd-0b12e01d2a5b

38•mraniki•1h ago

Comments

juliusceasar•53m ago

The whole world is suffering because of this 2nd Epstein War. Current administration being blackmailed by Israel.

Kelteseth•50m ago

Only the countries that have not yet transitioned to clean energy

XorNot•47m ago

That's all of them.

vrganj•46m ago

Maybe this war will change that?

toasty228•44m ago

Unless you're ready to give up on a lot of convenience this is just not happening.

vrganj•37m ago

Hmm, I think for me personally the only thing I'd need to change is the heating in my apartment and I'm already planning to invest in a heat pump.

xienze•13m ago

Yes, the things that affect your lifestyle w.r.t. oil are contained to just you and your apartment.

vrganj•5m ago

Instead of a sarcastic swipe, you could try making an actual argument and tell me how I would personally be affected.

lazyasciiart•11m ago

For you personally, I'm guessing your lifestyle depends very heavily on everyone in the apartments and buildings around you, and the grocery stores that supply you, and the roads that they move goods over, and the materials they manufacture in order to distribute power and water and collect sewage....so unless all of them have transitioned, I think you're overestimating your resilience to the loss of fossil fuels.

LunaSea•46m ago

That's basically all countries

toasty228•46m ago

There is no clean energy, we don't know how to build any of the "clean energy" harvestors without using massive amount of fossil fuel.

chpatrick•35m ago

https://iea-pvps.org/wp-content/uploads/2022/11/Fact-Sheet-I...

Making and using a modern solar panel emits up to 44 grams of CO2 equivalent greenhouse gas per kWh over its lifetime as opposed to up to 1000 grams for fossil fuel generators.

That's 20x cleaner.

cjrp•44m ago

And countries that import goods. If you supply chain needs diesel, you're going to be paying more.

Kelteseth•41m ago

In Germany wie have had a great influx of electric trucks in the last year

lotsofpulp•48m ago

I thought reduced fossil fuel usage benefits the world.

TomWhitwell•37m ago

“In 2025, the global fleet of EVs avoided the consumption of around 1.7 million barrels of oil per day” https://www.iea.org/reports/global-ev-outlook-2026/executive...

OgsyedIE•52m ago

Also driving the price up are the Ansarallah advances in Yemen and today's Ansarallah bombings of the Saudi East-West pipeline. The market expects that they'll use military force to attempt to close the Bab al-Mandab strait, with their past attempts at closing the strait, stated goals of closing the strait and newly reported use of Claude to develop medium-range ballistic missile guidance software as evidence.

larodi•33m ago

Would be surprising if they don't in fact. In fact it is perhaps quite straightforward to skip Claude and rather tell Qwen 3.8 27b to create an angry birds clone where you track the bird... or something along the line. Pretty sure they are also very good at smuggling various assets through borders, and where not.

riffraff•33m ago

Also Related:

Saudi Arabia’s crude output falls to lowest level since 1990 https://finance.yahoo.com/energy/articles/saudi-arabia-crude...

swarnie•47m ago

Let's get this to $7 next.

The people need to learn.

epolanski•14m ago

Which people?

Because the responsibility lies in the founding fathers thinking that electing kings with little to no checks was a good idea.

expedition32•45m ago

It's quite funny how Trump is killing European industry. Literally everything America has been doing the last few years has benefited China.

The Chinese economy has real weaknesses make no mistake about it and a competent US leader could have worked with his global allies to exploit them.

cpursley•20m ago

They started that path to economic suicide by deciding they don't want cheap gas as well as shutting down reactors. Well, depending on your geopolitical beliefs, entire situation was possibility coordinated to get Europe on American LNG and off the stuff piped from Rusland and the Middle East. This was all in play well before Orange Man, but wow did he push the gas pedal down and accelerate it (pun intended). BTW there's only one way out of it, but many Europeans aren't going to like the medicine nor the global primacy people running the USA.

yolo3000•11m ago

Cheap gas from the Russians? No thank you

epolanski•11m ago

As an European, trust me, Trump has little to do with it.

We've been doing fine championing our nationalism instead of creating a strong internal market.

Because Hungarians decide in Hungary and Spaniards in Spain doing business across Europe is still very tough.

And it doesn't help our train economies are all export economies, which is a broken model for quite some time (yet trump seems to not see it).

larodi•33m ago

Almost nearing the price in Europe. So still early to complain.

LoganDark•29m ago

This reminds me of when people were calling the UK a bunch of wimps for complaining about record high heat of like 80F, just because Americans have been dealing with 100F or more for years (over 100 years in some cases). So what that prices in Europe have already been higher? Prices in America haven't been, so it's a shock to them.

roryirvine•17m ago

More of a shock, if anything - the higher taxes in Europe act to damp price swings, so sudden rises like this hit America proportionately more.

LoganDark•5m ago

I heard that a relative lack of air conditioners in the UK made the higher temperatures hit them proportionally more than the US too. In both cases my point is that of course it's shocking to suddenly hit circumstances you're unprepared for.

spiclk•31m ago

The "just stop oil" folks must be delighted with the direction of things in the middle east.

cpursley•23m ago

But how will they protest if they can't drive and meet up or fly to those green events?

vrganj•21m ago

Take a train or a bike? Y'know, the thing they're advocating for?

Hell, Greta Thunberg crossed the Atlantic on a sailing ship.

lazyasciiart•15m ago

Indeed, how will anyone get to London or NYC or ...

jaapz•12m ago

https://knowyourmeme.com/memes/we-should-improve-society-som...

mcv•17m ago

I would prefer to stop the demand rather than the supply. The high prices encourage production elsewhere.

theplumber•

amelius•21m ago

But no worries, we'll soon get $5,000 from the US government and this will allow us to buy plenty of gas.

kotaKat•20m ago

Don't forget the $5000 DOGE dividend, the $2000 tariff refunds, the $500 Obamacare refunds, and the thousands+ in Trump Accounts!

(But $10k in student loan relief? That's Socialist!)

mcv•18m ago

If all of that is possible, why not just provide a reliable basic income? Why does it need to feel like a politician is bribing you for your vote?

comrade1234•18m ago

Yesterday I saw a full-sized 100% electric Volvo semi-truck here in Zurich. It was owned by Aldi and making a delivery to one of their stores. It was a bit louder than I expected but nevertheless impressive.

https://www.aldi-suisse.ch/de/ueber-aldi-suisse/unternehmen/...

jonny2811•14m ago

"Der Volvo-Lastwagen, der für ein Gesamtgewicht von 42 Tonnen zugelassen ist und eine Reichweite von bis zu 320 Kilometern hat"

320km doesn't seem like a long distance for a truck, curious how that works in practice

stavros•11m ago

320km seems like a very long distance to go without a rest stop.

_djo_•8m ago

It's optimised for distance to and from the depot and in-city store locations. Presumably it charges at the depot while loading.

Trucks have a lot more space for batteries, so with EV trucks it's all about balancing range and weight for the task. More range means less useful load.

jaapz•14m ago

6 dollars per gallon is 1.37 EUR per liter... Here I am in the netherlands paying 2.74 EUR for a liter of diesel...

randomNumber7•4m ago

This caps the amount of CO2 you can emit; which is good :)

bigcheeto•12m ago

I bet they post record profits

beloch•10m ago

"War is merely the continuation of policy by other means."

"Since war is not an act of senseless passion but is controlled by its political object, the value of this object must determine the sacrifices to be made for it in magnitude and also in duration. Once the expenditure of effort exceeds the value of the political object, the object must be renounced and peace must follow."

----------

Clausewitz would have been flabbergasted by this war. If we're being overly generous to Trump, we might call it an act of senseless passion. The reality is probably worse. The U.S. still hasn't seemed to figure out what it's policy goals or winning conditions are, aside from the president's desire to be an all-powerful winner. Trump seemingly places no value on his nation's blood or treasure, so it might be a very long time before he begins to feel the effort his nation is expending isn't worth the value of his own vanity.

The U.S. needs to have its magna carta moment and reign in its mad king. Maybe that will come with the mid-terms, or maybe this war will drag on for two more years. Trump isn't going to stop it, now or after the mid-terms. As far as he's concerned, the pain isn't his.

zhivota•5m ago

I'd say this should push Americans towards smaller, more fuel efficient cars and EVs, but I know better. The American consumer seems immune to price pressure.

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