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Thursday, March 19, 2026

Gasoline is up 49% today in Salt Lake, in response to Trump's Beautiful War with Iran

After a series of price increases since the commencement of the US/Israeli War Against Iran.  It was $2.67 per gallon just before.  From the Bloomberg article "The White House Is Using the Wrong Oil Price for the Iran War":

US President Donald Trump has seemingly turned the price of West Texas Intermediate crude oil into a referendum on his war against Iran. Thumbs up if WTI stays below $100 a barrel. Thumbs down if it rises above. Even if he succeeds in keeping that particular gauge below the triple digits, it would be a pyrrhic victory.

What matters for the American economy isn’t the price of WTI, but the cost of refined petroleum products — and they’re rising rapidly. While the price of Texas crude is up 60% since January, the cost of key everyday fuels has risen by between 85% and 120%.




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