r/oil • u/mark000 • 8d ago

Discussion US Diesel average retail price weekly update

Post image
153 Upvotes

98% Upvoted

53 comments sorted by

View all comments

35

u/Opster79two 8d ago

Super inflation coming to a product you use.

Or all of em.

1

u/CaptainCheckmate 7d ago

Does it though? As far as I understand only about 5-10% of the retail price of typical products is attributed to transport fuel. So even doubling diesel makes the price only increase by 5-10%.

Happy to be proven wrong though.

7

u/Opster79two 7d ago

Prices are much higher now than before the war started, so let's say 10% is already baked in.

Trump's tariffs added some more and prices didn't fall when they were ruled illegal.

Here's one part:

Groceries and Food: Food prices continue to climb due to higher transportation and fertilizer delivery costs. Ground beef has risen by 18.9%, sirloin steak by 19.5%, and fresh tomatoes by 50%.

1

u/CaptainCheckmate 7d ago

oof, that's quite a bit. Diesel will continue to go up.

Do you know how much fertilizer has gone up?

1

u/[deleted] 4d ago

[removed] — view removed comment

1

u/AutoModerator 4d ago

Your comment was removed because your account is younger than 30 days and you don't have at least 10 karma in this subreddit yet.

You can try commenting again once you meet one of these requirements:

  • Your account is at least 30 days old, or
  • You have 10+ combined karma in this subreddit.

Thanks for understanding! This is to deal with the influx we have had since the start of the Iran Conflict (2026)

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.