Diesel fuel

Brent crude just shy of $116 a barrel.

Diesel still averaging around $6.35 per gallon.

House and Senate Democrats are vowing to probe President Trump's deal to import Russian diesel to the U.S. and are asking banks and ports to preserve records related to that issue, saying they anticipate further congressional oversight.

Letters were sent to JPMorgan Chase, Bank of America, Citigroup and Morgan Stanley.

But is there backdoor deals happening? What do those look like? And at the end of the day, Brent said greater than 110 per barrel.

It reached 117.40. Diesel is in the mid-sixes.

Gasoline is 429 a gallon.

This isn't good.

Carriers must submit to the FMCSA the number of drivers operating under this emergency upon request.

Diesel relief efforts continue.

The volatility, as we've been watching fuel prices in recent months, continues to be felt industry-wide.

The red-dyed diesel use has been expanded.

$4 a gallon, $5 a gallon.

Diesel is over $6 and climbing.

It's nine in my neighborhood.

I want to be fair.

Four dollars a gallon.

Five dollars a gallon.

Diesel is over six.

Nine where you're at, Jody.

Premium gasoline is sitting mostly in the mid-$6 range, with Rubis stations showing $6.44 to $6.54. and Esso sites between $6.37 and $6.76, depending on location and service type.

Diesel continues to run higher island-wide.

Most Grand Cayman stations are posting just over $7, with prices clustering between $7.09 and $7.27.

The lowest diesel on the island is at $6.56 at Woody's in East End.

$4 a gallon, $5 a gallon.

Diesel is over six in climate.

The president doesn't have control over the entire economy.

But that is not the case here.

You know, what are some other flight to safety events? You know, I'll kind of take the other coin.

A resolution to the Ukrainian-Russian conflict where Diesel starts to feel like, okay, now they're going to stop fighting each other.

Maybe a peace deal gets brokered.

Putin is suggesting a Trump-President Xi from China-Putin summit without Zelensky, rude, to end the war that Russia started in Ukraine.

Gasoline isn't a lot of fun to buy.

Diesel is less fun to buy right now.

And so I think people are, their minds are maybe a little open to alternative ideas.

And, you know, today we've got such good technology on the propane side of things.

The U.S. national average for diesel fuel is now at around $6.32 according to AAA.

The price of diesel moves the global economy from goods that get from point A to point B, from trains and tractors that are now out in fields harvesting crops.

Diesel is really the fuel that powers the U.S. economy.

If this persists

for a period of time, eight months, a year, two years, it will creep its way into the underlying inflation rate and it will make it harder for the Fed to control that.