Topic

Germany plans October fuel relief

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Record petrol and diesel prices pushed UK inflation higher and threatened jobs in Germany, and Germany's coalition proposed contested fuel relief beginning Oct. 1.

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U.S. tariffs drive domestic inflation up by nearly 10% amid retaliatory scenarios, though these welfare costs can be effectively mitigated by shifting monetary policy priorities toward employment or expansionary measures. doi.org/10.1016/j.jimonfin....
September 16, 2026 at 4:30 PM
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buckle up. gas and diesel look set for a spike over the next 48 hours, hardest in parts of the nation's interior. i track this for a living and i'll be sharing real-time updates as it unfolds powered by GasBuddy data, looking at many different angles. ready to share w/ you all.
September 16, 2026 at 12:17 PM
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Uk inflation rises due to Trump's wars
www.bbc.co.uk/news/article...
UK inflation pushed up by petrol and diesel price rises
Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.
www.bbc.co.uk
September 16, 2026 at 10:51 AM
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Good morning.
UK inflation climbed to 3.1% in August on higher energy prices, while core inflation remained unchanged at 2.6%.
Matching consensus forecasts, the data leaves the Bank of England’s Monetary Policy Committee facing a delicate balance ahead of tomorrow's ...

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September 16, 2026 at 9:53 AM
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"Oil price pass-through into consumer prices: Evidence from U.S. weekly data" has been cited at the Fortune magazine: fortune.com/2026/06/24/trum...
Trump claims consumers are being 'gouged' by gas companies and orders DOJ price probe | Fortune
"Gasoline prices better start going down a lot faster than what I’m seeing!" Trump wrote.
fortune.com
September 16, 2026 at 2:30 PM
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Ofgem has changed what counts as a "typical household" this year, because we now use 17% less gas than at the last review.

One of the reasons Ofgem gives for that drop is higher prices.

Cutting back because you can't afford it isn't efficiency.

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 16, 2026 at 5:54 PM
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I’ll probably include a graph like this alongside the one I already show students about demand reduction at the height of COVID.

The (somewhat over-simplified) pt I try to get them to figure out is that these short term shocks are painful. It’s not how we want to do a transition.
NEW ANALYSIS: Global fossil-fuel emissions are set to fall by around 0.5% in 2026 amid the ongoing Hormuz crisis

We've all see the scare stories about a "return to coal" – but the "demand destruction" for oil is even bigger

Here's how it stacks up: www.carbonbrief.org/analysis-glo...
September 16, 2026 at 7:53 PM

Reposted by Stacy D. VanDeveer

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Reuters: The average (diesel) fuel surcharge for grain shipments on U.S. railways more than doubled over the past year, in the latest sign of how soaring energy prices will spur inflation of food costs.
US rail fuel surcharges on grain hit record highs, squeezing farmers in harvest season
Railroad fuel surcharges on U.S. grain shipments have more than doubled over the past year, rippling through the ​farm belt and raising transportation costs as many farmers also struggle with higher p...
www.reuters.com
September 16, 2026 at 1:03 PM

Reposted by Marc Lynch

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The impacts of the Iran war will intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict.

Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.
Analysts predict gas price jump, long disruption from damaged pipeline
The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.
www.washingtonpost.com
September 16, 2026 at 8:30 PM
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US diesel prices hit record highs as executives warned that the monthslong crunch in oil markets was entering its most acute phase.

www.semafor.com/article/09/1...
September 16, 2026 at 1:33 PM

Reposted by Greg Linden

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Trump sets yet another record-high diesel fuel price at $6.31 a gallon gasprices.aaa.com It's nearly twice the price when Biden left office. That's very MAGA
AAA Fuel Prices
gasprices.aaa.com
September 16, 2026 at 11:40 AM

Reposted by Will Jennings

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Oil and gas prices fuel rise in inflation | Paul Kelso analysis
Oil and gas prices fuel rise in inflation | Paul Kelso analysis
Will we see an interest rate rise in September?
news.sky.com
September 16, 2026 at 8:28 AM
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Can we talk about $6 for a gallon of diesel fuel? Or nearly $5 for a gallon of gasoline?
September 16, 2026 at 5:49 PM

Reposted by Henry Jones

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"Gas Prices To See ‘Staggering Increases’ Across Multiple States"

www.newsweek.com/gas-prices-t...
Gas prices to see "staggering increases" across multiple states
Analysts warn that climbing gas and diesel prices will reach new highs in the coming hours as the Iran and Ukraine wars drag on.
www.newsweek.com
September 16, 2026 at 12:49 PM
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Diesel is at $6 a gallon here in north Mississippi. Everything else is pretty much downstream of that
September 16, 2026 at 1:25 PM