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Diesel Prices Are Making Almost Everything More Expensive
Diesel has climbed to $6.45 a gallon, and the ripple effects are starting to show up across shipping, food, construction, holiday retail, and home heating costs.
Chuck Zodda and Mike Armstrong discuss why diesel inflation is different from higher gasoline prices, how rising fuel costs are feeding into interest rates and mortgage rates, and why AI data center spending may be harder to slow than the rest of the economy. They also break down the debate over a possible diesel export ban, why that could lower prices briefly but create bigger problems later, the latest legal trouble for OpenAI and…
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