Remember when the common knowledge was that war was good for the economy?
Rule of Acquisition number 34: War is good for business.
Rule of Acquisition number 35: Peace is good for business.
Diesel prices in U.S. top $6 a gallon for first time
61–70 of 194 posts
Re: Diesel prices in U.S. top $6 a gallon for first time
#62It seems one way Iran fights the US asymmetrically is by harming the Federal financial picture with endlessly higher rates + borrowing costs. If this keeps happening month-after-month, year-after-year, we're really going to feel the squeeze. Treasury has already tried to reassure markets and failed Add to this other trade war nonsense...
This would not be happening if the USA had not launched an attack on Iran This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.
> This was the desired effect though
Honestly, I think you're giving far too much credit to the current US government.
Re: Diesel prices in U.S. top $6 a gallon for first time
#63Israel has caused more damage the the US and entire world than any other country. They blackmailed our politicians into this war and we continue to suffer for their bloodlust.
No. The US is a sovreign nation. Noone "made" them act like that, they did this all by themselves and now thy try to shrug the responsibility.
Re: Diesel prices in U.S. top $6 a gallon for first time
#64Remember when the common knowledge was that war was good for the economy?
Lockheed would still agree that it's good for them - replacing all those $4 million Patriot rockets expended in the Middle East to shoot down Shahed drones that are one or two orders of magnitude cheaper is going to fill their order books for years to come...
Only for a short time, everybody knows about cheap drones and they are ordering cheap drones (likely from Ukraine where they are field tested to work) to shoot down drones. If the next round is in a few years patriots will only be used on much more expensive ballistic missiles.
That said, the patriot is a lot cheaper replace than the things it was defending so it was a good investment even if expensive.
Re: Diesel prices in U.S. top $6 a gallon for first time
#65If oil starts ruining the financial picture on top of just the...global welfare of every living human picture, then maybe, just maybe people will actually give up their addiction.
I'd be more than willing to go electric if someone sends me the cash to get an electric, because if I could replace my diesel-guzzling 11yo I would.
You can't trade in for a used EV that likely wouldn't cost you anything and would save you money?
Re: Diesel prices in U.S. top $6 a gallon for first time
#66It seems one way Iran fights the US asymmetrically is by harming the Federal financial picture with endlessly higher rates + borrowing costs. If this keeps happening month-after-month, year-after-year, we're really going to feel the squeeze. Treasury has already tried to reassure markets and failed Add to this other trade war nonsense...
This would not be happening if the USA had not launched an attack on Iran This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.
>This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.
That's giving the Trump administration too much credit. Before the war there were pieces about how oil companies were doing worse under Trump than under Biden[1]. Of course, you could argue that the Iran war is Trump finally responding to oil companies, but given that it only started more than a year after he took power, it really makes you wonder whether Trump is bumbling along, or playing some 5d chess with the global oil market. On the flip side there's plenty of evidence that he doesn't want high oil prices, for instance lifting sanctions on Iranian and Russian oil.
[1] https://www.economist.com/business/2025/02/06/donald-trump-l...
Re: Diesel prices in U.S. top $6 a gallon for first time
#67Wouldn't it be lovely if either party actually cared about inflation? 24 years ago, I recall diesel being $1.25/gallon, and hamburger meat at a little local grocer for $1/pound any time they had a sale. Now, even going to Costco, their ground chuck is $6/pound.
Would be great if either party cared about issues which affect ordinary Americans. But they're extraordinarily alienated from the population.
Would be great if americans actually cared about those issues instead of complaining online all the time.
Re: Diesel prices in U.S. top $6 a gallon for first time
#68Earlier quoted context omitted.
I'd be more than willing to go electric if someone sends me the cash to get an electric, because if I could replace my diesel-guzzling 11yo I would.
You can't trade in for a used EV that likely wouldn't cost you anything and would save you money?
No if you actually do the math it’s not worth it.
Re: Diesel prices in U.S. top $6 a gallon for first time
#69Wouldn't it be lovely if either party actually cared about inflation? 24 years ago, I recall diesel being $1.25/gallon, and hamburger meat at a little local grocer for $1/pound any time they had a sale. Now, even going to Costco, their ground chuck is $6/pound.
Would be great if either party cared about issues which affect ordinary Americans. But they're extraordinarily alienated from the population.
Current US leadership has very much failed ordinary people in the US and allied states.
Incompetence or malice? Both is also possible...
Re: Diesel prices in U.S. top $6 a gallon for first time
#70If oil starts ruining the financial picture on top of just the...global welfare of every living human picture, then maybe, just maybe people will actually give up their addiction.
I'd be more than willing to go electric if someone sends me the cash to get an electric, because if I could replace my diesel-guzzling 11yo I would.
Last I checked, depending on one’s needs, used EVs are among some of the best values in the US used car market. Their prices are closer to what prices on used gas cars would’ve been had the market not been turned on its head during the pandemic.
The main caveat is that available models are heavily weighted towards “compact” (RAV4 sized) SUVs and larger. There aren’t many little Prius/Fit/Soul type town car models around which is a bit paradoxical with that being the use case that EVs have been well suited to for the longest time.