Record diesel crack spreads on top of expensive crude have taken the US pump price to an all-time high. Senator Chuck Grassley wants President Trump to ban the exports, which are also at a record.
Perspective Coverage
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- Builder
- Builder 7%
- Operator
- Operator 22%
- Investor
- Investor 71%
Reality
- Evidence68
- Adoption76
- Hype gap+18
- Incentives52
- Confidence64
US diesel averaged $6.52 a gallon on Sept. 23, an all-time high, and analysts told Fortune that keeping the fuel home would lower prices only near the Gulf Coast before refiners trim runs on every fuel they make.
Reality
- Evidence55
- Adoption25
- Hype gap+20
- Incentives75
- Confidence50
Senator John Curtis wants the Judiciary Committee to compel testimony from Donald Trump Jr. and Hunter Biden over their family business dealings. Durbin backed the request, though a subpoena still needs Grassley.
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+25
- Incentives60
- Confidence50
The US national average is a record $6.51 a gallon, and Rapidan Energy puts the odds of a White House export ban at 35%. The flow that would stop is 1.5 million barrels a day, a fifth of world seaborne diesel.
Reality
- Evidence45
- Adoption22
- Hype gap+10
- Incentives75
- Confidence45
CORCA puts a retail crime coordination center inside Homeland Security Investigations. Critics say the data-sharing trigger is any "threat," with retailers as direct suppliers.
Reality
- Evidence54
- Adoption38
- Hype gap+21
- Incentives80
- Confidence47