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The Global Forces Driving Gas and Diesel Prices

Episode 256 · Oct 5, 2026 · 78 min

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In this week’s episode we discussed what Americans are paying at the pump, and we look beyond the U.S. to understand the global forces driving those prices. From disruptions in the Middle East and the Russia-Ukraine war to refinery capacity, global diesel shortages, crude oil markets, and the importance of the Strait of Hormuz, we explore why events thousands of miles away can have a direct impact on what you pay for fuel at home.

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