Your Diesel Bill Is the Oil Market’s Safety Valve
The oil market is using rural America’s fuel tank as its safety valve. I filled the Silverado at the Co-op in Friendship this morning. Diesel was $3.89 a gallon, same as last week. The pump doesn’t know that Iran and Israel traded fire again over the weekend. It doesn’t know that Norbert Rucker, who runs economics at a Zurich bank, told the Wall Street Journal this morning…
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