Grassley publicly presses Trump for a diesel export embargo
6Sep 19 9:09 PM · 5d ago · 1 article · 4 posts · 4 comments · 5 sources · development 6 of 7
With Iowa diesel at $6.57/gallon, Senator Chuck Grassley calls on President Trump to embargo diesel exports as past presidents did with agricultural products, saying high prices are hurting farm income.
bsky.app
“W diesel $6.57 in Iowa why doesn't Pres Trump put an embargo on diesel exports like presidents in the 70s put embargoes on ag products bc food prices were inflated. High diesel prices ARE KILLING FARMERS INCOME”
W diesel $6.57 in Iowa why doesn’t Pres Trump put an embargo on diesel exports like presidents in the 70s put embargoes on ag products bc food prices were inflated. High diesel prices ARE KILLING FARMERS INCOME #cornwatch #soybeanwatch
the surge in gas prices is taking a break so far this weekend with prices holding at average $4.47/gal, but diesel keeps climbing, and is less than 10 cents from beating the 2022 inflation-adjusted peak at $6.49/gal tonight.
May? Lol come on, its not "may" theyre definitely going to rise aling with the cost of anything that involves the use of heavy equipment or trucking-- which is literally damn near everything...just do the math, its costing a trucker about 2k dollars to fill up because they typically carry about 300G of diesel, and that gets them anywhere from…
NEW: U.S. diesel hit an all-time record of $6.49/gallon today, smashing the previous $5.82 record from June 2022. Prices have nearly doubled year-over-year. $3.71 → $6.49 California is worst at $8.04/gal.
Listen, I’m just a guy with a job that requires me to work in the field in extremely rural area in all types of weather and road conditions. I also have a camper and a boat. I need my truck for work, and I enjoy camping and fishing. Also yeah my penis isn’t above average size, but my truck has absolutely nothing to do with that. Can we just not…
That's on top of the already rising food prices due to the significant yield drops in the last 2 years resulting from too high temperatures and lack of rain.
Chuck Grassley U.S. Senator (R-Iowa)
Donald Trump U.S. PresidentTom Kloza Oil market analyst (FreightWaves)Joe Quinlan Head of CIO Market Strategy, Merrill/Bank of AmericaFederal Reserve U.S. central bankG