Rising Diesel Prices May Give Inflation Fresh Momentum
November 14, 2022
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1:25Now PlayingRising Diesel Prices May Give Inflation Fresh Momentum
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as posted by the channelThe rapid rise in diesel prices is not headline news, yet every US household is directly affected by the cost of this critical fuel. Global supplychain networks, driven by ships, train and trucks are mostly powered by diesel fuel, as is the global farming industry. Excess demand in heating oil can also create diesel shortages. Here’s how the recent rise in diesel prices could give the problem of global inflation fresh momentum. Presented by @cmegroup
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