"The rise in gasoline prices, for which the national average just hit $4 a gallon, has made headlines. But other prices are also hugely important.
Most non-electric cars run on gasoline, but most trucks are fueled with diesel. And diesel prices are up even more than gasoline prices — approximately $1.70 per gallon as opposed to $1."
~ Paul Krugman
#Trump #Iran #war #oil #gas #StraitofHormuz #diesel #fertilizer #plastic
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https://paulkrugman.substack.com/p/4-gasoline-is-less-than-half-the