US Perspective on the Iran - Israel / US War

It’s going to get higher no one is believing the trump the war is going to end immediately routine anymore because right now Iran and its ally in the south have come swinging with that uppercut no one saw coming
As of today, the Dow has been down three days straight. Down almost 1200 points now. Oil markets are particularly unstable due to the latest events in the Persian Gulf as well as Houthi advances in Yemen.

Remember my earlier posts regarding the start of the US harvest.

You work in logistics. Davey works in a role in support of logistics. I retired from logistics. We get it.
 
Gas was around $1.86 CAD here in Toronto this afternoon.
Let's see if it will be higher tomorrow/weekend....
Canada has no strategic reserves so i',m not sure how quickly it will develop a shortage as it imports from American i think

And Trump's tarriff war isn't going to help much, this is very silly. Canada/US shouldve worked out a better deal than to fight over stuff.
Shared land borders.
Allow me:

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As of today, the Dow has been down three days straight. Down almost 1200 points now. Oil markets are particularly unstable due to the latest events in the Persian Gulf as well as Houthi advances in Yemen.

Remember my earlier posts regarding the start of the US harvest.

You work in logistics. Davey works in a role in support of logistics. I retired from logistics. We get it.
Diesel at my truck stop just went up another 20-cents to $6.24/gallon.

Yes, harvest season in Oklahoma is just beginning.

BTW, all of Oklahoma is currently under a severe drought. Finally received some rain in my part of the state this afternoon.

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Which means crop yields will be impacted. In turn, that will drive the demand for increased food imports. Imports that are being subjected to increased tariffs.
 
As of today, the Dow has been down three days straight. Down almost 1200 points now. Oil markets are particularly unstable due to the latest events in the Persian Gulf as well as Houthi advances in Yemen.

Remember my earlier posts regarding the start of the US harvest.

You work in logistics. Davey works in a role in support of logistics. I retired from logistics. We get it.
And you don’t need to be in any of those roles to see something isn’t adding up at the end of the day and it’s usually ones paycheck
 
@AZ_HighCountry

Comment from another forum gives insight on how shippers are dealing with diesel prices.....


1 hour ago

Just finished a negotiation for a new contract with of my clients. They are small family run outfit. Good people we've been working with for 10+ years. I had to go back to them to renegotiate for the first time in 5 years. Inflation and fuel prices made it untenable.

The owner didn't feel comfortable with a fuel surcharge so we negotiated a additional flat rate increase based on $5.75 a gallon diesel. The provision was we ate anything from $5.75-7.75 per gallon and he ate $3.75-5.75. When we signed he asked how long I thought it would take for diesel to drop below $3.75 again. I told him, "most likely never, we will probably be sitting down to discuss again when it went above $7.75 (midwest Padd II)".
 
M.E. refineries better be protected, if world diesel prices are to be kept under control
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