Treasury Secretary Scott Bessent sits down with Fox News’ Lara Trump to discuss current events around complicated geopolitical issues.
Noted by Bessent is the growth of the U.S. economy, the growth of blue-collar wages, controlling inflation and overall MAGAnomic gains. Secretary Bessent also emphasizes the U.S strategic relationship with China and the collaborative efforts of President Trump and Chairman Xi on creating stabilization in the overall global economy. The Iran conflict and the removal of Iran oil is under control. WATCH:
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Posted in Big Government, Canada, China, Economy, Election 2026, European Union, G7, media bias, President Trump, Trade Deal, Uncategorized, US Treasury, USA, USMCA
With respect to the fuel prices at the pump is interesting.
Gasoline prices at the pump have essentially flattened around a 25-50 cent per gallon band, with median price depending on the region where one resides. In Allen, TX the median is about $3.60/gallon for regular gasoline.
The real fuel cost driver is Diesel … which the financial Masters have kept on an upwards trend. This one hits EVERY PART of the supply chain with respect to prices the consumer sees at point of purchase. get a handle, somehow, on Diesel and prices as well as inflation will move downward.
I have seen diesel at $5.69 per gal in SoFL here in the last week.
Here in Collin County, TX … just North of Dallas, across 10 gas stations I pass every day … it’s $5.50/gallon and going UP.
Lowest price tonight I have seen in Wisconsin in a while is 5.49. Most are around 5.79 and one I saw last week was 5.89.
What’s interesting was seeing a collection of stations, BP, Shell, Kwik Trip all at 5.79 a gallon, and a mile off the interstate a BP selling at 5.29. That BP is now at 5.49, but the other stations have stayed at 5.79 for some time now.
$ 6.25 to 7.09 here north of Seattle thanks to our carbon tax 😡
I do not know the tax sitution o diesel vs gasoline, but from long-ago chemistry courses, it takes more hydrogen refining/cracking to make gasolint than diesel. IIRC Diesel used to be the leftovers after gasoline production. There are catalyst, sulfur, feedstock factors, but diesel should not be more expensive than gas.
On another economic front, NIKE, which went woke big-time, and is based in the Oregon-Washington woke area, has been removed from the Dow Jones, has lost large stock price, and has reduced staff almost 15,000 since about 1998, when Nike shifted from being a shoe company, to “socially conscious” woke advertising. Interesting as employers in the northwest leave or go broke….
re: “but diesel should not be more expensive than gas.”
We are ALL goldfish.
https://www.epa.gov/diesel-fuel-standards/diesel-fuel-standards-and-rulemakings
https://www.kelsoeoil.com/understanding-the-differences-between-high-sulfur-diesel-fuel-and-low-sulfur-diesel-fuel/
The process of producing ultra-low sulfur diesel (ULSD) involves significant costs due to the extensive refining required to reduce sulfur content from 500 parts per million (ppm) to just 15 ppm. This processing is necessary to meet environmental regulations and enable the use of advanced emission control technologies in diesel engines.
GO BACK to ‘normal’ sulfur content diesel for a 6 mos to a year … see what that does to supply, and price.
What? You didn’t know ultra-low-sulfur ( 97% less sulfur ) diesel is a mandate by the EPA? Circa 2006 … remember that price spike right after low-sulfur diesel appeared at the pumps?
Bueller?
Newer diesel engines cannot run on the old “normal” higher sulphur fuels. It clogs up all the extra pollution control filters and destroys the catalysts. Many times the engine computers will shut the engine off if it detects higher sulphur content in fuel.
Cheaper kerosene-type aviation fuel like military JP-8 also will not work.
https://www.navysbir.com/n24_3/N243-105.htm
Diesel largely comes out of Russia. To get these sanctions off Russia bringing diesel fuel back on the market, the EU/NATO – Ukrainian war with Russia must end. Putin would negotiate but Ukraine’s unrelenting attacks have hardened Putin’s position. We need a miracle ! 🙏🙏🙏
Gloves will come off in Iran after midterms. They will be balkanized at best.
After that, oil prices drop even more.
Bessent is an A+ Trump 47 SoT and patriot.
Secretary Bessent is one of the best weapons in President Trump’s arsenal.
This was my very first time to listen to a show hosted by Lara Trump … she did not disappoint.
She asked good questions, allowed Secretary Bessent to talk … and her questions actually flowed and were connected topically.
No matter how one feels about the politics of the President’s kids … they are smart.
First, I hate the fed. Control freaks!
You heard him 2% is the target, baked into the pie. So, prices will rise no matter what, just more or less. You could say inflation is good and bad, and it would be there even without a fed reserve. Inflation measures the supply and demand and both change because ‘people’ change buying patterns habits no money this week lots of reasons.
Would it better to have minimal or no controls of the economy as long as there was no harm to people or the environment? Of course, we need to have some controls and accountability for wrongdoing. We need to control the control freaks.
i like his optimism.
The problem remains, all the criminals should have been in prison months ago. Unless bad guys and girls go to prison, nothing changes.
Treason is real.
– TRUMP issued a Truth post today about the value of the Canadian $ versus the American $. –
U.S. President Donald Trump says Canada’s exchange rate with the U.S. is “unacceptable.”
In a post shared to Truth Social on Sunday, Trump added it has “been that way for years.”
“Canada’s (currency) Dollar imbalance with the U.S. is unacceptable,” the post reads. “It has been that way for years – but no longer!”
Trump did not elaborate on what he meant by the post.
https://www.ctvnews.ca/world/trumps-tariffs/article/canadas-exchange-rate-with-us-is-unacceptable-trump/
Exactly one week from now, Carney will be hosting an investment summit with quite a few world leaders present and some twenty Canadian companies, also.
Now, who would want to invest in a country knowing the dollar will be unstable?
Perfect Trump timing!
http://www.theglobeandmail.com/business/article-everything-we-know-about-carneys-investment-summit/&ved=2ahUKEwiGtLbalNuWAxUzqisGHTo3KwAQFnoECCMQAQ&usg=AOvVaw1ELbWwEi6P7umKhQjPEej_
Everything seems to be timed the last few months I’m gonna sit back and expect a lot more good surprises
TRUMP posted another Truth today : ”Get up, Governor.”
https://www.ctvnews.ca/video/2026/09/07/us-president-trump-continues-to-take-aim-at-canada/
Interesting that FOX got rid of Maria Bartiromo, but kept Lara Trump.
AAA has a national price map some may find interesting, located at https://gasprices.aaa.com/