Your Groceries Are Next: The Diesel Problem
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Your Groceries Are Next: The Diesel Problem
9 просмотров · 9 дн. назад
Hala Money Flow
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9 просмотров · 9 дн. назад
One grocery chain now pays more to ship a head of lettuce from California than the lettuce itself is worth. A year ago diesel cost $3.68 a gallon. This October it hit $6.32. That's up 72%.
So why did diesel nearly double, when crude oil has actually eased since spring? Why did grocery prices go DOWN last month? And what happens when old freight contracts run out, just as Americans vote in the November 3 midterms?
No politics, just the numbers. Follow-up to our Strait of Hormuz video: • The 21-Mile Strait That Controls Your Gas ...
CHAPTERS
0:00 Shipping lettuce costs more than lettuce
0:53 The invisible fuel
1:46 How diesel doubled
3:50 The lettuce problem
5:21 The grocery paradox
7:10 November 3
SOURCES
• AAA via LendingTree study (Oct 6, 2026): diesel $6.32 vs $3.68 a year earlier, +71.7%
• AAA via AP (Sept 4, 2026): diesel about $3.76 before the war, $5.85 record on Sept 4, inflation-adjusted 2008 peak about $7.20; fuel is 15-30% of food costs (Independent Grocers Alliance); David Ortega quote; Amazon 3.5% fuel and logistics surcharge; July seafood +7%, fresh fruit +4.9%
• AAA / EIA: all-time high $6.53 (Sept 22, 2026); EIA regional prices (California $8.08, Gulf Coast $5.82); EIA forecast about $4.50 in 2027
• EIA, Forbes (Robert Rapier), Chase: refinery utilization about 97%, distillate exports up about 28%, distillate inventories down 17.1% Jan-Jul 2026
• American Trucking Associations Truck Tonnage Index (Jan 2026): trucks carry 72.7% of US freight tonnage
• Federal Reserve Beige Book, October 14, 2026 (via Fortune, Oct 16): Dallas Fed quote, Richmond Fed lettuce report, Minneapolis, San Francisco and Kansas City Fed reports
• BLS Consumer Price Index, September 2026 (released Oct 14): 3.7% y/y, gasoline +9.1% m/m, food at home -0.1% m/m
• USDA ERS Food Price Outlook (Sept 25, 2026): food at home +1.8% in 2027, range -5.0% to +9.2%
• NBC 6 / Telemundo 51 poll (Oct 14, 2026): 30% of registered voters name inflation and cost of living as top issue
• Politico analysis via MS NOW: midterm House seat losses vs gas prices since 1978
Footage: Mixkit (free license). Map data: Natural Earth / US states GeoJSON (public domain).
This video is for education only. It is not financial advice. Figures are as reported in October 2026 and may change.
Subscribe to Money Mechanics for more stories about where your money really goes, like this video, and comment below: which grocery item has gone up the most where you live?
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