Paid 6.15 at Arco yesterday highest ever


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Posted by russsmith on October 02, 2026 at 07:48:55

That's ARCO a discount station

We're using the US military to escort oil tankers and have been for weeks. The result is that before the war it cost 3 dollars to ship a barrel of oil, today it costs 124 dollars to ship that same barrel.

That's why despite oil not hitting 140 a barrel, gas and diesel are exploding up again. Gas where I live up 20 cents this week, diesel at 8.39.
And the real problem is we've only got Crude back to pre war level, refined products are still "constrained" which again is another reason why gas and diesel are so expensive.

The same report that said we're at pre war level, the JP Morgan report, called out us being in a global oil crisis

"The world faces a global fuel crisis as supplies from the Middle East are constrained and Ukraine pounds Russian refineries. Refined products shipped through Hormuz are at a seven-day average of 677,000 bpd as of Monday compared with 3.6 million bpd before the war, according to Kpler.

Crude and product shipments together stood at a seven-day average of 14.2 million bpd, which is about 80% of the Hormuz prewar baseline of about 17 million bpd, the data showed."

Thanks Trump voters


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