European fuel costs hit highs
4m
Oil prices topped $100 a barrel, pushing gasoline and heating-oil costs to new annual highs across Europe, while oil executive Geir Aune warned the shock could persist.
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
September 17, 2026 at 3:30 AM
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks www.nytimes.com/2026/09/16/b...
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
Prolonged restrictions on exports could push oil prices even higher.
www.nytimes.com
September 16, 2026 at 10:06 PM
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks www.nytimes.com/2026/09/16/b...
Fortune Magazine article featuring my work on oil prices and their effects on gasoline prices is available at 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 17, 2026 at 1:30 AM
Fortune Magazine article featuring my work on oil prices and their effects on gasoline prices is available at fortune.com/2026/06/24/trum...
Reposted by David R. Miller, Brendan Nyhan
Trump on his Iran war: "You have a higher gas -- it's a very inexpensive price to pay for what we've done. Remember that. It's a little more. Frankly, even if it was a lot more."
September 17, 2026 at 12:23 AM
Trump on his Iran war: "You have a higher gas -- it's a very inexpensive price to pay for what we've done. Remember that. It's a little more. Frankly, even if it was a lot more."
so this is a bonanza for some specific parts of the Republican coalition, bad news for most other people (including Trump), and the kind of thing that starts to structurally change economies.
we've reached a new milestone- the U.S. average diesel price has hit $6.301/gal while gasoline is up to $4.355/gal. I expect both of these to jump noticably over the next 48 hours. diesel could hit $6.60/gal in a few days, surpassing the inflation-adjusted peak seen in 2022.
September 17, 2026 at 1:11 AM
so this is a bonanza for some specific parts of the Republican coalition, bad news for most other people (including Trump), and the kind of thing that starts to structurally change economies.
"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
"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...
by Niklas Höhne
- Besteuerung der Übergewinne der Ölkonzerne (zusätzliche Gewinne in EU seit Schließung der Strasse von Hormus rund 1 Mrd € alle drei Tage) www.transportenvironment.org/topics/energ...
Nicht einfach sondern komplexer zu kommunizieren, könnte aber als Gesamtpacket breite Wählerschaft überzeugen
Nicht einfach sondern komplexer zu kommunizieren, könnte aber als Gesamtpacket breite Wählerschaft überzeugen
Oil profits tracker
Europe’s cars, trucks, planes and ships still rely on oil. It’s bad for climate and leaves the continent reliant on imports and vulnerable to oil cartels.
www.transportenvironment.org
September 16, 2026 at 1:52 PM
- Besteuerung der Übergewinne der Ölkonzerne (zusätzliche Gewinne in EU seit Schließung der Strasse von Hormus rund 1 Mrd € alle drei Tage) www.transportenvironment.org/topics/energ...
Nicht einfach sondern komplexer zu kommunizieren, könnte aber als Gesamtpacket breite Wählerschaft überzeugen
Nicht einfach sondern komplexer zu kommunizieren, könnte aber als Gesamtpacket breite Wählerschaft überzeugen
Saudi Pipeline Attack Risks ‘Disastrous’ Loss of Millions of Barrels of Oil
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks (Gift Article)
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
www.nytimes.com
September 16, 2026 at 12:30 PM
Saudi Pipeline Attack Risks ‘Disastrous’ Loss of Millions of Barrels of Oil
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
Oil Prices Jump on Energy Supply Worries www.nytimes.com/2026/09/13/b...
Oil Prices Jump as Attacks Choke Off Saudi Energy Supply
Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
www.nytimes.com
September 16, 2026 at 7:51 AM
Oil Prices Jump on Energy Supply Worries www.nytimes.com/2026/09/13/b...
by Niklas Höhne
- Mobilitätsgeld nur der Teile der Bevölkerung und Betriebe, die es wirklich brauchen
- Besteuerung der Übergewinne der Ölkonzerne (in der EU zusätzliche Gewinne von 1 Mrd € alle drei Tage www.transportenvironment.org/topics/energ...)
- Besteuerung der Übergewinne der Ölkonzerne (in der EU zusätzliche Gewinne von 1 Mrd € alle drei Tage www.transportenvironment.org/topics/energ...)
Oil profits tracker
Europe’s cars, trucks, planes and ships still rely on oil. It’s bad for climate and leaves the continent reliant on imports and vulnerable to oil cartels.
www.transportenvironment.org
September 16, 2026 at 6:50 AM
- Mobilitätsgeld nur der Teile der Bevölkerung und Betriebe, die es wirklich brauchen
- Besteuerung der Übergewinne der Ölkonzerne (in der EU zusätzliche Gewinne von 1 Mrd € alle drei Tage www.transportenvironment.org/topics/energ...)
- Besteuerung der Übergewinne der Ölkonzerne (in der EU zusätzliche Gewinne von 1 Mrd € alle drei Tage www.transportenvironment.org/topics/energ...)
by Amir Attaran
By next week, some Americans will be paying over $10 a gallon, and because the pumps can’t handle it, they’ll probably have to sell by the liter. Iran may succeed at making the USA metric.
September 16, 2026 at 8:01 PM
By next week, some Americans will be paying over $10 a gallon, and because the pumps can’t handle it, they’ll probably have to sell by the liter. Iran may succeed at making the USA metric.
It is hard to articulate how insanely stupid & destructive the war against Iran has been, but as one clear data point, there is no reason to assume the price of gas would have been anything other than flat had Trump not chosen to start his absurd war.
September 16, 2026 at 2:09 PM
It is hard to articulate how insanely stupid & destructive the war against Iran has been, but as one clear data point, there is no reason to assume the price of gas would have been anything other than flat had Trump not chosen to start his absurd war.
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.
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...
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
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.
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.
by Jason Lyall
“We have two major waterways obstructed, active attacks, Iran escalating attacks, proxies being active and no signs of diplomatic talks,” Ms. Bakr said. “It’s a disastrous situation when you’re looking at it from an energy security angle.”
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
www.nytimes.com
September 16, 2026 at 11:54 AM
“We have two major waterways obstructed, active attacks, Iran escalating attacks, proxies being active and no signs of diplomatic talks,” Ms. Bakr said. “It’s a disastrous situation when you’re looking at it from an energy security angle.”
Reposted by Brian Young, Henry Jones
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...
www.semafor.com/article/09/1...
September 16, 2026 at 1:33 PM
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...
www.semafor.com/article/09/1...
Oil Prices Jump as Attacks Choke Off Saudi Energy Supply www.nytimes.com/2026/09/13/b...
Oil Prices Jump as Attacks Choke Off Saudi Energy Supply
Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
www.nytimes.com
September 16, 2026 at 7:50 AM
Oil Prices Jump as Attacks Choke Off Saudi Energy Supply www.nytimes.com/2026/09/13/b...
Reposted by David Darmofal
Americans have collectively spent $107,000,000,000 more on gas and diesel during Trump's Iran war.
September 16, 2026 at 2:56 PM
Americans have collectively spent $107,000,000,000 more on gas and diesel during Trump's Iran war.
Reposted by Greg Linden
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
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