🚨 HISTORIC: 🇺🇸 US DIESEL PRICES ARE FLASHING A MASSIVE WARNING.
The US diesel crack spread just hit a record $102.20 per barrel.
For context:
Normal range: $20–$40
2022 energy crisis peak: ~$90
Current level: $102.20
This is NOT normal.
The diesel crack spread measures the premium refiners can earn from turning crude oil into diesel.
At $102.20, that premium is roughly equivalent to $2.43 per gallon.
And here's why markets should care:
🚛 Trucks need diesel.
🚜 Farms need diesel.
🏭 Factories need diesel.
🚢 Shipping needs diesel.
✈️ Global supply chains depend on energy.
When diesel gets expensive, the cost of moving and producing almost everything rises.
That means higher inflation pressure, tighter margins and potentially weaker economic growth.
The 2022 energy crisis was already painful.
This is now breaking above those levels.
Energy markets are sending a warning.
#Oil #Energy #Inflation #Economy #Markets $CL $BZ
The US diesel crack spread just hit a record $102.20 per barrel.
For context:
Normal range: $20–$40
2022 energy crisis peak: ~$90
Current level: $102.20
This is NOT normal.
The diesel crack spread measures the premium refiners can earn from turning crude oil into diesel.
At $102.20, that premium is roughly equivalent to $2.43 per gallon.
And here's why markets should care:
🚛 Trucks need diesel.
🚜 Farms need diesel.
🏭 Factories need diesel.
🚢 Shipping needs diesel.
✈️ Global supply chains depend on energy.
When diesel gets expensive, the cost of moving and producing almost everything rises.
That means higher inflation pressure, tighter margins and potentially weaker economic growth.
The 2022 energy crisis was already painful.
This is now breaking above those levels.
Energy markets are sending a warning.
#Oil #Energy #Inflation #Economy #Markets $CL $BZ