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2026-11-03 18:08:25

[Institutional Viewpoint: Soaring Diesel Prices Become a Key Indicator in US Politics] ⑴ The most important chart in current US politics is not polls, but diesel prices. ⑵ This year, retail diesel prices have risen from $3.50 per gallon to over $6.50. ⑶ The probability of the Democrats winning the Senate has risen almost perfectly in tandem with this, from less than 30% to 77%. ⑷ Diesel is the price base for everything, including trucks, food, agriculture, and delivery. ⑸ When diesel prices soar, even those who never fill up with diesel feel the strain on their wallets. ⑹ People vote not based on narratives, but on the cost of living.

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