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Are Americans Suffering Inflation Fatigue?

by Market FinancePosted onMay 1, 2022May 1, 2022

Are Americans Suffering Inflation Fatigue?

Businesses Facing New Shortage

It has now been revealed that diesel fuel is in short supply and businesses are running out of options.

According to Fox, the current diesel supply is more than 20% below what its average should be at the moment and these issues could spell big trouble for the United States. The overall shortage of diesel fuel is caused by the ban of Russian diesel and reduced global diesel refining capacity due to climate change concerns.

The American people who rely on diesel fuel are also complaining about the prices diesel fuel as well.

WATCH:

6th generation US Rancher @trentloos describes how supply shortages are affecting the economy.

“One gallon of diesel fuel replaces 500 man hours of food labor production. As you double the cost of fuel…that has a directed implication in food production as well.” pic.twitter.com/UdQMK5j0vE

— Newsmax (@newsmax) April 27, 2022

Sadly, this issue isn’t something only plaguing American workers and business owners who rely on diesel fuel. Airlines are also having to pay more for their fuels which is resulting in higher prices for everyone including the consumers.

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Published by Market Finance

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