Most Americans are focused on the cost of gasoline at the station up the street — but diesel fuel costs are also poised to set an all-time high in the U.S., which in turn is expected to drive up prices for everything from groceries to postage.
A spike in diesel fuel affects a wide array of commodities that need to move across the country – including for home building, manufacturing and much more. And it couldn’t come at a worse time for President Donald Trump and Republicans, just months ahead of the contentious midterm election season in which Democrats are expected to take back the House and possibly the Senate amid intensifying voter anger over the rising cost of living and the unpopular war in Iran.
Voters may not know why the cost of goods that travel via freight are going up, but they’ll blame the party in charge, said Chuck Coughlin, a veteran Republican strategist and president of political consulting firm HighGround.
“The price of everything has gone up, Trump promised just the opposite,” Coughlin said. “He’s gonna pay a price at the polls.”
