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Thursday, October 1, 2026

"The Diesel Crisis Is Getting Worse - Here Is What You Need To Know"

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Snyder Reports, 10/1/26
"The Diesel Crisis Is Getting Worse -
 Here Is What You Need To Know"
"Countries around the world are starting to protect their own fuel supply - and America could feel it at the pump fast. In this update: President Trump is seriously considering a diesel export ban, Russia has just extended its diesel export ban as Ukraine hits Russian refineries, and Chinese refineries have suspended October fuel exports to bolster domestic stock. I break down current AAA averages - gas at $4.41 and diesel at $6.38, just 14 cents off the all-time high - plus Trump's threat to restrict US diesel exports unless Germany and France release 120 million barrels from reserves. Why it matters for you: tighter global diesel supply means higher prices for trucking, food, utilities, housing materials, and winter heating. It won't spike 50 cents overnight, but economists warn it will be slow and painful heading into winter and the November midterms."
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