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"Going To Cripple Our Economy": Small Businesses Sound Alarm Over Record Diesel Price Spike
"Going To Cripple Our Economy": Small Businesses Sound Alarm Over Record Diesel Price Spike
The latest AAA fuel data from across America shows that the national average diesel price at the pump has jumped nearly 40% this month, surpassing the 2022 fuel spike that followed Russia's invasion of Ukraine.
Surging diesel prices are already generating a shock across trucking, rail, shipping, farm equipment, construction machinery, generators, and much of industrial logistics, given that the fuel powers the core of the economy.
Seasonality: AAA Daily National Avg. Diesel 2022 vs. 2026
Companies now face...
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Apr 4, 2026 / Tyler Durden
In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose
In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose
Authored by Sylvia Xu via The Epoch Times (emphasis ours),
The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route.
About one-fifth of the world’s oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea.
But Iran’s attacks on commercial vessels have brought traffic through the strait...
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Apr 8, 2026 / Tyler Durden
"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs
"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs
With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...
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Mar 31, 2026 / Tyler Durden
Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Michael Rousseau is on his way out as head of Air Canada, after a crisis response that somehow made a bad situation worse - and then kept digging.
The backdrop: a fatal March 22 crash at LaGuardia Airport involving a flight from Montreal to New York City. Two pilots were killed.
Rousseau responded with a video offering his “deepest sorrow for everyone affected,” but delivered almost all of it in English, tossing in a token “bonjour” and “merci”...
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