$5.85 Diesel: When a War in Iran Hits America’s Grocery Bill (Episode 17)
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$5.85 Diesel: When a War in Iran Hits America’s Grocery Bill (Episode 17)
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Diesel has hit a record high — and most Americans may not realize how much that matters.
In this episode of The Roger Retrospective, we look beyond the price of gasoline to the fuel that quietly powers the American economy: diesel.
From Rudolf Diesel’s mysterious disappearance in 1913, to Eisenhower’s interstate highways, Malcolm McLean’s shipping container revolution, the 1973 oil embargo, the Iranian Revolution, and the Tanker War of the 1980s, this episode traces how diesel became the invisible engine behind modern commerce.
Today, seven months into the Iran conflict, disruptions around the Strait of Hormuz are colliding with attacks on Russian refineries and tight global supplies of refined products. The result is showing up not just at truck stops, but eventually in food, freight, construction, farming and the price of almost everything that has to move.
The larger question is an old one: how can a country that produces so much of its own oil still find itself vulnerable to a war thousands of miles away?
Because crude oil is only part of the story. Refining, shipping and geography still matter.
The war is in the Gulf. The bill arrives in America.
🎙️ The Roger Retrospective — Today’s world, through the lens of history.