Sep. 13 at 3:01 PM
$WTI As of Friday, diesel is now
$6.06 national average. Highest ever. Also, oil has not yet priced in POTUS stating that Iran was indeed responsible (tho launched from Iraq, presumably) for the east-west pipeline damage. Houthis continue to increasingly control the Mandeb straight areas. All of these should drive oil up tonight when it opens. (California diesel at
$7.98, btw.)
It should be noted that everything coming from POTUS this weekend is contradicted by an ally or by host countries of the incidents. As usual, believe what you want: it is as safe as any other belief. Go with trend, not the point facts.
