Topic

Merz proposes motorist relief measures

6m

German Chancellor Friedrich Merz promised to propose measures to relieve motorists after gasoline and diesel hit record highs following Gulf escalation, but the exact instruments remained undecided.

30%
‘Not too much they can do about it’: Frustrated White House faces spiking oil prices www.politico.com/news/2026/09...
‘Not too much they can do about it’: Frustrated White House faces spiking oil prices
Wars in the Middle East and Europe are driving oil and diesel prices higher, leaving the White House with few quick fixes as Republicans head into the midterms.
www.politico.com
September 15, 2026 at 10:41 PM
76%
"Understanding the global drivers of inflation: How important are oil prices?" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
September 15, 2026 at 9:30 PM
52%
7-day weighted av. for Diesel currently at $6.28, up 31.8 cents from last week. Diesel engines in trucks, trains, boats, and barges transport nearly all products people consume. Relative to 12 months ago, this is a $2.55 increase. #econsky
September 15, 2026 at 8:54 PM
26%
Energy bills rise 4% on 1 October, £1,723 for a typical household.

Ofgem's own breakdown says gas is doing nearly all of it. Gas bills up 8%. Homes without gas, under 1%.

Get off gas and the bills stop doing this.

www.ofgem.gov.uk/press-releas...
Energy price cap will rise by 4% from October 2026
Ofgem has announced a 4% increase of the energy price cap for the period covering 1 October to 31 December 2026.
www.ofgem.gov.uk
September 15, 2026 at 8:36 PM
30%
Rising Fuel Prices Set Off Anger and Protests Around the World www.nytimes.com/2026/09/15/w...
Rising Fuel Prices Set Off Anger and Protests Around the World
From Indonesia to Guatemala to Syria, shortages and price increases are leading to protests and blackouts.
www.nytimes.com
September 15, 2026 at 7:12 PM

Reposted by Alan Richardson

0%
speechless. at this point, we're talking $7/gal diesel again becoming a possibility in the days ahead in more places, specifically Great Lakes- MI, IN, OH, IL (less so WI- lower taxes)
September 15, 2026 at 4:24 PM

Reposted by David Darmofal

11%
SOFI’s LIZ THOMAS:

“.. We noted that diesel prices could rise to $6.65/gal by election day based on trends five days ago. Well, trends have worsened — diesel surpassed $6.26/gal already. I think the odds of a diesel export ban announcement before midterms is high.” ⛽️
September 15, 2026 at 4:17 PM
34%
The world that Trump and Vance have created.

Rising Fuel Prices Set Off Anger and Protests Around the World
Rising Fuel Prices Set Off Anger and Protests Around the World (Gift Article)
From Indonesia to Guatemala to Syria, shortages and price increases are leading to protests and blackouts.
www.nytimes.com
September 15, 2026 at 4:05 PM
85%

Reposted by Klaus Adam

28%
34%
@drannieandrews.com has called for an end to the tax on diesel. Not sure what Darline Graham Nordone, who one rarely sees, thinks.
“The moves in diesel prices are kind of breathtaking.”

- Schwab ⛽️
September 15, 2026 at 12:25 PM
9%
Exactly how much refined gas and diesel are we exporting?
September 15, 2026 at 11:32 AM

Reposted by David Darmofal

11%
“The moves in diesel prices are kind of breathtaking.”

- Schwab ⛽️
September 15, 2026 at 11:31 AM
59%
30%
Diesel prices have also escalated in last month as IRAN WAR escalates. Diesel price over $6 and this will raise the price of every retail item as trucking has to pay this to ship input and output goods
@gasbuddy.bsky.social
September 15, 2026 at 10:54 AM
30%
National average retail gas prices have escalated in last month due to IRAN WAR
now over $4.30/gallon
Up almost $1.20/gallon in last year
fuelinsights.gasbuddy.com/charts
September 15, 2026 at 10:51 AM

Reposted by Liza Bialy

3%
26%
So you're saying that increased oil production is the main driver in the US, leading directly to increased production of associated gas, which is sold more cheaply than gas from gas wells, and the growth is keeping supply and demand in check at the domestic level?
September 15, 2026 at 8:25 AM

Reposted by Jože P. Damijan

19%

Reposted by Tom Griffin

3%
European gas is above €82/MWh - the highest since late 2022. Hormuz remains largely shut and gas storage is at 68% going into winter.

None of this started in Europe but we pay for it.

The only exit is using less gas. Heat pumps, electrified industry, insulation.
September 15, 2026 at 6:38 AM