The David Lin Report · Friday, September 18, 2026
Todd Horwitz highlights that record-high diesel prices and crack spreads (the margin between crude oil and diesel) are expected to increase food prices. He notes that 86% of commercial trucks in the US run on diesel, making this a significant factor for food transportation costs.
“Diesel is at an all-time high. The crack spread, which is the margin between crude oil and diesel is at an all-time high in the US. What happens to food prices?”
“It's going to drive food prices higher. This is again, this is the issue.”