Fuel pain is real and in the receipts.
BREAKING: US diesel prices officially rise to a new record of $6.40/gallon, now up over +88% in 9 months.
Truck drivers are now paying $3.00 more per gallon for diesel than they were in January in the midst of peak demand season.
The average gas price in the US is now up to…
— The Kobeissi Letter (@KobeissiLetter) September 17, 2026
BREAKING: United Airlines will cancel some December flights because of fuel costs, with CFO Mike Leskinen saying there will be flights in December "that we won't fly that we thought we were going to fly," and that if fuel stays high the airline will make cuts even into the first…
— The Hormuz Letter (@HormuzLetter) September 17, 2026
American Airlines Chief Executive Officer Robert Isom said the airline may need to cut more capacity in the fourth quarter https://t.co/l9dWC26uVP
— KeySignals (@KeySignals) September 17, 2026
"US consumers have collectively spent about $107 billion more on gasoline and diesel during the Iran war than they would have had there been no war … far more than the projected $69 billion Americans are spending in 2026 on nursery, elementary, and secondary schools." – WSJ pic.twitter.com/aM8AnvOO1m
— Charlie Bilello (@charliebilello) September 16, 2026
The US consumer just pulled back. Retail sales fell 0.6% in July, the biggest drop in over a year, when the street looked for a small gain.
One print is noise. This came with negative job growth and sentiment rolling over in the same stretch. The engine that carried this economy… pic.twitter.com/FSdWZXVuVN
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) September 17, 2026
AAA diesel $6.3956. Gas $4.44.
https://en.ilsole24ore.com/art/us-diesel-prices-soar-to-a-record-high-of-639-a-gallon-AJQEsgGB
United December cuts. American Q4 capacity warning.
https://www.chicagotribune.com/2026/09/17/united-american-airlines-fuel-cost-surge/
United, American, Southwest trim schedules on fuel.
https://www.reuters.com/business/american-airlines-warns-high-fuel-prices-could-force-capacity-adjustments-2026-09-16/
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