Topic: Diesel

Aaron Tanner is knighted as Sir Golf Gorilla, Goat Hoarder of the Texas Longhorns. He provides a humorous roundtable request for "offshore pork chops" and "barge water" (tasting of salt water or diesel), simulating the experience of being sent to a gulag. He credits the show with guiding him to be a better citizen.

President Trump announced a deal with Vladimir Putin for Russia to supply over 300,000 tons of diesel fuel to the American and global markets immediately, with more scheduled for November. Trump claims the deal, combined with control of the Strait of Hormuz, will lower prices for farmers and truckers. The announcement has raised questions about the status of U.S. sanctions on Russian energy sectors following the invasion of Ukraine.

President Trump criticized Ukrainian President Volodymyr Zelensky for ordering strikes on Russian diesel refineries, claiming these actions exacerbate global energy shortages. Trump argued that Zelensky should have settled the war and held elections rather than creating problems for international farmers and ranchers. The hosts discuss the impact of these strikes on global diesel supply and the resulting price volatility.

Adam Curry explores how 24/7 perpetual options on platforms like Hyperliquid in Singapore influence global oil prices. They discuss the compounding nature of 3-4% inflation and its psychological impact on the American public. Jason Calacanis notes that despite low unemployment, the bottom third of the economy feels no relief from rising costs.

Louisiana Governor Jeff Landry proposes a 90-day ban on U.S. diesel exports to lower domestic fuel costs. The hosts discuss the impact of high diesel prices on ranching and the use of "red diesel" for off-road farm equipment. Landry also defends the water usage of data centers, claiming they use significantly less water than golf courses, while welcoming SpaceX investments in Louisiana.

A news report details record-high diesel prices driven by a 20% loss in global refining capacity due to drone strikes in Russia, the Persian Gulf, and the Red Sea. Analysts warn that diesel is an "untethered market" that could see "stupid numbers" regardless of crude oil prices. The shortage is expected to drive up grocery costs, home heating bills, and airfares as the winter season approaches.

Diesel fuel prices have reached record highs, significantly increasing the weekly operating costs for independent truck drivers and logistics companies. These costs are being passed on to consumers, contributing to broader inflation in the price of goods. The hosts discuss personal experiences with fuel costs and the differences in vehicle performance when using ethanol-free gasoline.