"A surge in diesel prices is dealing a powerful blow to industrial America, pushing up costs for businesses and consumers across the US ahead of midterm elections."
"The pump price of diesel — the lifeblood of the economy because of its essential role in powering industry and agriculture — hit $5.47 a gallon on Tuesday, approaching its all-time high of $5.82 as wars in the Middle East and Europe hobble production and throttle global supplies."
The most striking thing about this article is that the real cost of the Iran war is no longer confined to the Pentagon’s budget.
Diesel is now close to its record high, freight and farming costs are rising, fertilizer has become more expensive, and those costs are spreading through food prices, retail prices and the wider industrial economy. Higher energy prices also complicate the inflation outlook and keep pressure on interest rates. This article is describing exactly how a military conflict turns into a broad economic tax on ordinary households and businesses.
And this is only the US side of the equation. Disruption around the Strait of Hormuz, damaged energy infrastructure and constrained refining capacity affect global shipping, fuel, agriculture and manufacturing. Countries that had nothing to do with the decision to fight are paying part of the bill.
The precise total is difficult to calculate, and I would be cautious about pretending there is one definitive number. But once direct military spending, depleted weapons inventories, higher fuel and transport costs, food inflation and the knock-on effects on financing conditions are considered together, the economic burden is clearly enormous.
What is much harder to identify is the economic return. That is why the accountability question matters. So far, the scale of that accountability seems completely out of proportion to the scale of the damage.
IEE™ dishes sub-standard, cherry-picked excrement and he’s doing his midwit best to serve his masters in Tehran and what remains of the Democrat party.
"A surge in diesel prices is dealing a powerful blow to industrial America, pushing up costs for businesses and consumers across the US ahead of midterm elections."
LOL!
They are still lower than when Biden was president.
As opposed to Democrats in 20 states who are suing to withhold 17 million CDL records from the federal government to protect their corporate slave holders who imported foreign drivers to keep wages down.
We see you and your absolute dishonesty.
You are just a dishonest piece of shit and a traitor.
I’m happy to report that Jim Swartzel has defeated a field of very well-funded PAC carpetbaggers to secure the R nomination for Byron Donald’s FL-19 house seat.
"IT'S OFFICIAL: Traitor Alexander Vindman (D) was part of the conspiracy to paint Donald J. Trump as a Russian agent — AND HE JUST LOST his US Senate Democratic primary"
There really are not enough F*U's for Vindman(D). I'm doing a little happy dance right now. woot.
Mark- Illegals who don't speak English are killing American citizens on our roads in record numbers because the corrupt democrat party allows illegals to drive commercial big rig trucks.
"California approved the nation’s first efficiency standard for replacement car tires, forcing new sets sold in the state to match the low rolling resistance of original equipment by 2033.
...
Energy efficient replacement tires likely will cost drivers more up front — about $26 per set by 2033 — but this will be offset by the fuel economy savings long term, according to the commission. The agency estimates that by 2033, drivers will experience net savings of $153 over the life of their tires. In terms of carbon dioxide emissions and air pollution, the rule will be the equivalent of taking 400,000 cars off the road each year.
The commission sponsored studies that found no relationship between energy efficiency and shorter lifespans or safety issues for tires. Still, after industry and car enthusiast groups raised concerns, they relaxed requirements for special long-life tires and for tires with increased “wet grip,” or traction in the rain. They also created exemptions for certain types of tires including competition tires and winter tires and instituted minimum wet grid standards for all tires on California roads."
...
Commissioners unanimously approved the rule, with commissioner Nancy Skinner noting that 30% of available tires today already comply with the 2033 requirements.
“Between now and [then], the manufacturers have the ability to bring up from that 30% to 100%,” she said.
“As a dual EV driver, I look at that number on my dashboard, and I love to see that number to go up in terms of my overall range,” commissioner Andrew McAllister said, in reference to how EVs display the car’s changing mileage based on energy use and conditions. “That’s what would happen if you get low rolling-resistance tires.”
The studies were sponsored by the commission that wrote the regulations. Sure, no boss there.
Your car may not be fuel efficient, but your tires have to be now - LA Times
According to the AAA:
"In California, the survey found only 13% of vehicles had four properly inflated tires and nearly 60 percent of vehicles had at least one under-inflated tire. Like the national survey, 17 percent of vehicles in California had at least one tire under-inflated by 8 psi."
US sells 30-year bonds at highest borrowing costs since 2001 ~ FT "Yields have jumped amid concerns over mounting public debt and persistently high inflation"
That's what erosion of trust gets you.
For some perspective at how meaningful rates are given the world's excessive leverage, for the US alone, at $40T in Federal debt, every 10 bps move in average borrowing cost is an additional $40B in interest expense. A full 100 bps would be 1.25% of GDP. This excludes all corporate and personal borrowing. Expand this to the world at some $350T in debt and every 10 bps move is an additional $350B in interest expense.
I honestly think Rosie ODonnell might be a pedophile after watching her fixate on a nasally but wide eyed lil Asian girl who was described as delicious... Watch that clip? Grooming101
I love you I want to give you everything you want Here's a bike Come back on my show again Can i have a high5 Can I have a high five Can I have a hug... Here comes a nice man with a present a bike Next time it will be a bigger present
The way she led the child along grunting yeah to her line of questions... I hate it when ppl exploit kids straight or gay and Rosie likes them young and controllable
She started out by revealing her youngest child's medical history, birthplace, a photo onscreen, etc. She is like a blogging grandma who needs daily content and will exploit those close to bring attention to herself...
Distasteful when a husband uses his trophy wife that way... pitiful when it's imposed on kids who can't consent.
The kid had NO singing talent. That's the tell... Protect the kids. 🇺🇸 🇺🇸 🇺🇸
I like photo #3 as it stands, but #5 could be great with a partial crop of the dark areas.
LRR tires: Grip has always been the issue. The road contact patch must be large and consistent -- a circular tire must constantly flatten in one small area to match the flat road. As tire underinflation is indeed common, I suspect this will not equate to "400,000 cars off the road." Drivers will instead underinflate their skinny Prius-like tires and they'll once again flatten out to match the flat road.
For many years, CA gas pumps were required to have a double-hose vapor recovery system. This was supposed to suck vaporized gas back down and reduce the amount wasted to the atmosphere when filling a tank. This system didn't work.
The law of diminishing returns is real; the utopian left always makes the perfect the enemy of the good.
We can’t mock Alex Vindman enough. When I first saw Vindman testify, I asked myself if there were any physical standards in the military. He looked like a beached whale.
Randy Fine (R-Florida) defeated his anti-Semite challenger for Fine’s house seat.
His opponent Dan Bilzerian ran a shocking commercial — which referred to Fine (R-Fla.) as a “fat Jew,” “Shylock,” “Jewish supremacist,” “Satanic whore,” and “Satan’s creepy little minion” …..
I haven’t seen comments this bad since, well last week. I forget where.
Please use the comments forum to respond to the post. Don't fight with each other. Be substantive... or interesting... or funny. Comments should go up immediately... unless you're commenting on a post older than 4 days. Then you have to wait for us to moderate you through. It's also possible to get shunted into spam by the machine. We try to keep an eye on that and release the miscaught good stuff. We do delete some comments, but not for viewpoint... for bad faith. Also: No italics, even briefly. Use asterisks for emphasis. And don't play with the format by changing fonts or using boldface or all caps. Never include more than one extra line break between paragraphs.
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३३ टिप्पण्या:
If that could be bottled, you could make a fortune.
https://www.zerohedge.com/covid-19/fauci-aide-pleads-guilty-conspiracy-shielded-ecohealth-records-countered-lab-leak
No 3
Glorious pics, ev’ry one of ‘em!
Soaring diesel prices rip across US economy ~ FT
"A surge in diesel prices is dealing a powerful blow to industrial America, pushing up costs for businesses and consumers across the US ahead of midterm elections."
"The pump price of diesel — the lifeblood of the economy because of its essential role in powering industry and agriculture — hit $5.47 a gallon on Tuesday, approaching its all-time high of $5.82 as wars in the Middle East and Europe hobble production and throttle global supplies."
The most striking thing about this article is that the real cost of the Iran war is no longer confined to the Pentagon’s budget.
Diesel is now close to its record high, freight and farming costs are rising, fertilizer has become more expensive, and those costs are spreading through food prices, retail prices and the wider industrial economy. Higher energy prices also complicate the inflation outlook and keep pressure on interest rates. This article is describing exactly how a military conflict turns into a broad economic tax on ordinary households and businesses.
And this is only the US side of the equation. Disruption around the Strait of Hormuz, damaged energy infrastructure and constrained refining capacity affect global shipping, fuel, agriculture and manufacturing. Countries that had nothing to do with the decision to fight are paying part of the bill.
The precise total is difficult to calculate, and I would be cautious about pretending there is one definitive number. But once direct military spending, depleted weapons inventories, higher fuel and transport costs, food inflation and the knock-on effects on financing conditions are considered together, the economic burden is clearly enormous.
What is much harder to identify is the economic return. That is why the accountability question matters. So far, the scale of that accountability seems completely out of proportion to the scale of the damage.
IEE™ dishes sub-standard, cherry-picked excrement and he’s doing his midwit best to serve his masters in Tehran and what remains of the Democrat party.
Calling him a lowlife corksoaker is too generous.
Indefinitely Extended Excursion™️ said...
Soaring diesel prices rip across US economy ~ FT
"A surge in diesel prices is dealing a powerful blow to industrial America, pushing up costs for businesses and consumers across the US ahead of midterm elections."
LOL!
They are still lower than when Biden was president.
As opposed to Democrats in 20 states who are suing to withhold 17 million CDL records from the federal government to protect their corporate slave holders who imported foreign drivers to keep wages down.
We see you and your absolute dishonesty.
You are just a dishonest piece of shit and a traitor.
I’m happy to report that Jim Swartzel has defeated a field of very well-funded PAC carpetbaggers to secure the R nomination for Byron Donald’s FL-19 house seat.
Reminds of semanticleo
Vindman(D) = Loser. Loo oo oooo... oo ooo... zzzerrrrr.
Florida is what happens when you clean up the voter rolls
"IT'S OFFICIAL: Traitor Alexander Vindman (D) was part of the conspiracy to paint Donald J. Trump as a Russian agent — AND HE JUST LOST his US Senate Democratic primary"
There really are not enough F*U's for Vindman(D).
I'm doing a little happy dance right now.
woot.
FL - Pollsters got it wrong again.
Iman and Achilles are angry.
They hate the truth.
@bennyjohnson
JUST IN: Trump Impeachment Hoax Architect Alexander Vindman just got CRUSHED in his primary by over 11 points.
He outspent Angie Nixon $16.3 million to $975,000… and still lost badly."
Mark- Illegals who don't speak English are killing American citizens on our roads in record numbers because the corrupt democrat party allows illegals to drive commercial big rig trucks.
I like photo number two. What is really extraordinary, however, is your faithfulness in showing up at sunrise day in, day out.
I will never again, for the rest of my life, trust government doctors.
Your car may not be fuel efficient, but your tires have to be now - LA Times
"California approved the nation’s first efficiency standard for replacement car tires, forcing new sets sold in the state to match the low rolling resistance of original equipment by 2033.
...
Energy efficient replacement tires likely will cost drivers more up front — about $26 per set by 2033 — but this will be offset by the fuel economy savings long term, according to the commission. The agency estimates that by 2033, drivers will experience net savings of $153 over the life of their tires. In terms of carbon dioxide emissions and air pollution, the rule will be the equivalent of taking 400,000 cars off the road each year.
The commission sponsored studies that found no relationship between energy efficiency and shorter lifespans or safety issues for tires. Still, after industry and car enthusiast groups raised concerns, they relaxed requirements for special long-life tires and for tires with increased “wet grip,” or traction in the rain. They also created exemptions for certain types of tires including competition tires and winter tires and instituted minimum wet grid standards for all tires on California roads."
...
Commissioners unanimously approved the rule, with commissioner Nancy Skinner noting that 30% of available tires today already comply with the 2033 requirements.
“Between now and [then], the manufacturers have the ability to bring up from that 30% to 100%,” she said.
“As a dual EV driver, I look at that number on my dashboard, and I love to see that number to go up in terms of my overall range,” commissioner Andrew McAllister said, in reference to how EVs display the car’s changing mileage based on energy use and conditions. “That’s what would happen if you get low rolling-resistance tires.”
The studies were sponsored by the commission that wrote the regulations. Sure, no boss there.
Ugh... 'bias' and oh how I dislike autoincorrect.
***
The pump price of diesel ... hit $5.47 a gallon on Tuesday, approaching its all-time high of $5.82
***
You don't say! When was it $5.82, and why?
Your car may not be fuel efficient, but your tires have to be now - LA Times
According to the AAA:
"In California, the survey found only 13% of vehicles had four properly inflated tires and nearly 60 percent of vehicles had at least one under-inflated tire. Like the national survey, 17 percent of vehicles in California had at least one tire under-inflated by 8 psi."
Next up: Mandatory tire pressure checks.
Chris Cuomo lol
US sells 30-year bonds at highest borrowing costs since 2001 ~ FT
"Yields have jumped amid concerns over mounting public debt and persistently high inflation"
That's what erosion of trust gets you.
For some perspective at how meaningful rates are given the world's excessive leverage, for the US alone, at $40T in Federal debt, every 10 bps move in average borrowing cost is an additional $40B in interest expense. A full 100 bps would be 1.25% of GDP. This excludes all corporate and personal borrowing. Expand this to the world at some $350T in debt and every 10 bps move is an additional $350B in interest expense.
John Konrad has a great tweet on Vindman's loss - with a cartoon. Check it out here: link.
RIP Frank Beard, the only beardless guy in ZZ Top.
I honestly think Rosie ODonnell might be a pedophile after watching her fixate on a nasally but wide eyed lil Asian girl who was described as delicious...
Watch that clip? Grooming101
I love you
I want to give you everything you want
Here's a bike
Come back on my show again
Can i have a high5 Can I have a high five Can I have a hug...
Here comes a nice man with a present a bike
Next time it will be a bigger present
The way she led the child along grunting yeah to her line of questions... I hate it when ppl exploit kids straight or gay and Rosie likes them young and controllable
She started out by revealing her youngest child's medical history, birthplace, a photo onscreen, etc. She is like a blogging grandma who needs daily content and will exploit those close to bring attention to herself...
Distasteful when a husband uses his trophy wife that way... pitiful when it's imposed on kids who can't consent.
The kid had NO singing talent. That's the tell...
Protect the kids. 🇺🇸 🇺🇸 🇺🇸
I like photo #3 as it stands, but #5 could be great with a partial crop of the dark areas.
LRR tires: Grip has always been the issue. The road contact patch must be large and consistent -- a circular tire must constantly flatten in one small area to match the flat road. As tire underinflation is indeed common, I suspect this will not equate to "400,000 cars off the road." Drivers will instead underinflate their skinny Prius-like tires and they'll once again flatten out to match the flat road.
For many years, CA gas pumps were required to have a double-hose vapor recovery system. This was supposed to suck vaporized gas back down and reduce the amount wasted to the atmosphere when filling a tank. This system didn't work.
The law of diminishing returns is real; the utopian left always makes the perfect the enemy of the good.
We can’t mock Alex Vindman enough. When I first saw Vindman testify, I asked myself if there were any physical standards in the military. He looked like a beached whale.
Vindman : Are we the baddies?
Restricted Daily
@RestrictedDaily
·
11h
My nephew asked me if trans people can turn into cars too.
I told him, “I don’t know anymore.” 😂
https://x.com/RestrictedDaily/status/2089845630139023632?s=20
Randy Fine (R-Florida) defeated his anti-Semite challenger for Fine’s house seat.
His opponent Dan Bilzerian ran a shocking commercial — which referred to Fine (R-Fla.) as a “fat Jew,” “Shylock,” “Jewish supremacist,” “Satanic whore,” and “Satan’s creepy little minion” …..
I haven’t seen comments this bad since, well last week. I forget where.
टिप्पणी पोस्ट करा
Please use the comments forum to respond to the post. Don't fight with each other. Be substantive... or interesting... or funny. Comments should go up immediately... unless you're commenting on a post older than 4 days. Then you have to wait for us to moderate you through. It's also possible to get shunted into spam by the machine. We try to keep an eye on that and release the miscaught good stuff. We do delete some comments, but not for viewpoint... for bad faith. Also: No italics, even briefly. Use asterisks for emphasis. And don't play with the format by changing fonts or using boldface or all caps. Never include more than one extra line break between paragraphs.