President Trump plans to let tax-exempt red diesel into on-road vehicles, a 24-cent-a-gallon federal excise cut for drivers. With diesel stocks at a record seasonal low, sellers are better placed than drivers to keep that money.
Perspective Coverage
5 publishers
- Builder
- Builder 5%
- Operator
- Operator 53%
- Investor
- Investor 42%
Reality
- Evidence68
- Adoption40
- Hype gap+55
- Incentives72
- Confidence63
Record diesel crack spreads on top of expensive crude have taken the US pump price to an all-time high. Senator Chuck Grassley wants President Trump to ban the exports, which are also at a record.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 22%
- Investor
- Investor 71%
Reality
- Evidence68
- Adoption76
- Hype gap+18
- Incentives52
- Confidence64
A Trump-backed diesel export ban would buy about a month of cheaper Gulf Coast fuel
US diesel averaged $6.52 a gallon on Sept. 23, an all-time high, and analysts told Fortune that keeping the fuel home would lower prices only near the Gulf Coast before refiners trim runs on every fuel they make.
Reality
- Evidence55
- Adoption25
- Hype gap+20
- Incentives75
- Confidence50
Curtis asks Grassley and Durbin to subpoena Trump Jr. over the family's crypto ventures
Senator John Curtis wants the Judiciary Committee to compel testimony from Donald Trump Jr. and Hunter Biden over their family business dealings. Durbin backed the request, though a subpoena still needs Grassley.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+25
- Incentives60
- Confidence50
Burchett's bill would halt US diesel exports whenever the average tops $5 a gallon
The US national average is a record $6.51 a gallon, and Rapidan Energy puts the odds of a White House export ban at 35%. The flow that would stop is 1.5 million barrels a day, a fifth of world seaborne diesel.
Reality
- Evidence45
- Adoption22
- Hype gap+10
- Incentives75
- Confidence45
A retail-theft bill would wire loss prevention into ICE, and security teams own the plumbing
CORCA puts a retail crime coordination center inside Homeland Security Investigations. Critics say the data-sharing trigger is any "threat," with retailers as direct suppliers.
Reality
- Evidence54
- Adoption38
- Hype gap+21
- Incentives80
- Confidence47