Topic

Drivers face rising fuel costs

3h

Fuel costs mounted for drivers in Britain, Australia and Sweden, with Australian petrol topping A$2.40 a litre and British van owners facing higher diesel bills.

3%
151%

Reposted by Trudy Harpham

11%

Reposted by Dean Baker

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Reposted by Oliver Stuenkel

10%
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Reposted by Dean Baker

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Reposted by Dean Baker

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Reposted by Thomas Masterson

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Krugman did the arithmetic on the Russian diesel deal. 300,000 tons is a bit over 2 million barrels and America burns about 4 million a day, so Krasnov sold out Ukraine for roughly 12 hours of fuel. Meanwhile Canada has a diesel surplus right next door.
Nobel-winning economist shuts down Trump's diesel fever dream
Nobel Prize-winning economist Paul Krugman made it clear that President Donald Trump's new scheme to reduce diesel prices will have no impact, that is, assuming it gets off the ground at all.Writing M...
www.alternet.org
October 12, 2026 at 1:45 PM
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Just looking at that link it looks like old rope sales are still holding up!
Hydrogen for low grade heat for whisky distillation - that's taking the piss really isn't it?
October 12, 2026 at 11:41 AM

Reposted by Olga Onuch

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Reposted by Christian Gollier

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Reposted by Peter Matanle

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The United States is the world's largest exporter of diesel. Importing a small amount of diesel from Russia will do nothing to bring down prices for American farmers and truckers.
October 12, 2026 at 12:36 AM

Reposted by Torben Pedersen

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Reposted by Matthew Bunn

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Trump is telling Americans that Ukrainian attacks on Russian oil facilities is the reason diesel prices are high. THAT IS A LIE. Ukraine's attacks had no perceptible impact on diesel prices; Trump's Iran war is the cause of the spike.

Here's the data, straight from the Trump Administration itself.
October 11, 2026 at 11:10 PM