Diesel Priced as if Oil is $140/Barrel, Asian Markets Lose $950 Billion, McConnell Statement Sparks Doubts
Today's Digest covers diesel at $140 crude equivalent, oil inventory drops, Hormuz crossing claims, Zelensky reshuffle, $950B Asian market losses, ACA premium hikes, McConnell skepticism, Kirk assassination evidence, and osteoporosis overdiagnosis.
Source: Peak Prosperity
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DW NOTE
Diesel crack spreads pricing crude at $140 when WTI trades at $71 is a refining bottleneck, not a demand signal. US diesel inventory below 2008 levels matters because diesel moves 80% of freight and powers most farming — this is a supply chain choke point disguised as an energy statistic. Asian markets losing $950 billion in a single session suggests forced liquidation or coordinated central bank intervention, not investor sentiment.