FOX Business host Stuart Varney argues diesel is ‘a baseline cost for any enterprise.’
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STUART VARNEY: One of the most important inflation indicators is the cost of a tankful of diesel.
It’s an indicator that’s flashing a danger signal.
The national average is now at a record high: $5.32 a gallon. Up roughly 40% from a year ago.
That’s serious inflation. And it points to even worse inflation this summer.
Diesel is used by farmers, truckers, construction workers. It’s a baseline cost for any enterprise. It’s a cost that is passed along. You may not buy diesel yourself, but you’ll pay for it.
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This is what Marxists do before they usher in Communism Bernie Sanders must be loving this.
JOE BIDEN ON DAY ONE CREATED THE SITUATION AMERICAN MOTORISTS NOW FIND THEMSELVES IN.
Danger Will Robinson 🤖
The Great Reset in action my friends….starve people out slowly (as its illegal/too obvious to take us out outright). WW3 with the military may not have started, but the seeds have been sewn and mostly has nothing to do with Russia/Ukraine….we probably need to look closer to home.
drilling won’t help until a year or more from now. And the fed reserve was slow to raise rates. Biden has no control over those things but you guys will blame away, logic be screwed
I hope it is depression in the US, worse than the 1920s.
My back even has inflammation 😭
Page 43. The cook book
Joe Biden should be assisanated immediately.
“I did that!,” Joe Biden.
F..k YouTube the speech suppressors ! Constantly deleting comments .. f .k u Google !!!!
If the Social Security COLA were decided today. Then the COLA would be around 8.9 percent. And we have six more months of inflation to go. This inflation will be the nail in the coffin for Social Security and Medicare.
Biden, 50 years in government and still doesn't know what he's doing.
I want names of the people in the 6%… I need to have a word with them……
Biden just about has the country where he wants it. Starving and thinking voting for the DEMs will get you free stuff.
For those who voted for Biden, this is what you get!
Democrats policies are obliterating this country. Their social and economic experimentation has failed, catastrophically. Hopefully, November will deliver a red tsunami, as I believe that is the only thing that can save the country.
Diesel in California is already over $6
Everything these morons are doing is destroying the country. When have we had negative GDP growth? The way this is going we are not having a recession but an outright collapse
Not desperate doing dis on purpose to drive America into ww3
Well keep the money going to the rich big guys the rest of us will just suffer through like always
Inflation is not 8.5% more like 16% Biden is just a mouthpiece for China and Obama a Puppet anotherwards.. Biden is anti American and anti America…Dont look to the Republican party to do much either they are showing they have no Spine at all saying they wont impeach Biden McCarthy….said this sickening but hey we can send 33 billion to the Ukraine and our arms are being sold off we are sending and in Russian hands it's all about Laundering Money Zalinski is a player…Look at all the demands he has made this was all a set up to pay Russia back for the so called election fraud ( which is another Democrat lie) that Trump was colluding with Russia in all this Time Clinton was the one that was Colluding to Cheat and pin it on Trump
Joe biden says inflation is our friend!😔
fake news diesel is 6:50$ in ny by july th 4th is going to be 7$ report true news
No fornification with spy cams.
Bring the diesel down or prepare for a massive recession.
Fighting 7.5% inflation (more like 15%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds.
April CPI comes out May 11th folks. Stu is slightly wrong. Inflation is a decent 15 to 20 percent right now.
The Govt just wrangles numbers to make it seem less. When your wallet keeps telling you WTF it aint 8.5 Percent. Lets Go Brandon
if you think a big truck gets six to eight miles per gallon its soon going to be a dollar per mile
This is what happens when you are governed by children,crooks and the badly educated.
Diesel fuel it over $10 cad in nova scotia canada
Inflation is a product of China zero covid policy. and globalization. We need a focus on pressuring China to stop following its covid policy.
Everything the Biden administration is doing is designed to accumulate more power and/or tighten their grip on the power they already have. Power grabs and propaganda.
More like 60%
I live in Suwannee County Fl, I wanted to buy a small but ham! 63 dollars and 43 cents, no ham on my budget!
This is all being done on purpose! Must be nice to be rich, the 1% are punishing us for voting for Trump and wanting to be out of their evil grasp! Were at war with the 1% elite people! It's NOT Democrats vs Republicans most of the country is Independent as am I but as of now I am NOT a Democrat! But I am against the 1% wreaking havok on us!!! Its ok they are about to take a massive hit in the stock market and they cant take their money out because they are over leveraged 183/1 like Goldman Sachs
This is sad for a president to do this a don't care..too.
Vhoobjb
Pls people vote this president out..he needs to be impeached a take all of those of his cabinet w him..vote him out a take his cabinet w him..he's not doing this country any good..this is sad for only side w the wrong people people wake up this president is not doing anything to protect us Americans..us citizens