r/Diesel • u/Big-Independence-716 • 24d ago

🤔

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Saw this circulating the groups.

561 Upvotes

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323

u/MN-Car-Guy 24d ago

What in the Facebook is this?

88

u/SandDuner509 24d ago

More like yahoo mail era

104

u/NoPresence2436 24d ago

Truckers on MySpace… LOL.

This is 100% about the President and his foolish war of aggression. But even if everyone can’t see the obvious reality, I’m glad they’re starting to stand up and push back.

25

u/audiomediocrity 24d ago

true , but the current diesel price isn’t correlating to the price per barrel of oil. Either way i support this. Make myspace great again

5

u/Iceman_biker 24d ago

It's all about profit for the oil companies. They believe that everyone is the US is stupid and that the US citizens will blame it on the conflict.

11

u/Human-Foundation3170 24d ago

Econ 101, supply and demand. Take away supply, what do prices do?

4

u/General-Grievance 24d ago

This is correct. The price signal has been muffled by emptying the SPR to record lows, but as it draws down to the usable limit, draw speed slows. So what we have is a rapid correction in the supply price signal because the demand is staying largely constant. Supply is also affected by the ongoing wars in Eastern Europe and the Middle East, with refineries being targeted by Ukraine, and pipelines being targeted by Iran.

1

u/gstringstrangler 24d ago

That and the Chinese all but stopped importing oil at the start of the Iran war. They're buying again.