10:31#TrumpC#IranC#warC#economyC#GlobalEconomyC#oilC#gasC#gasolineC#fertilizerC#agricultureC#foodC«Joe Brusuelas, chief economist at RSM, noted this week that jet fuel is already up 115% from a year ago and accounts for 30% of carrier operating costs. That number is the mechanism by which a war in the Persian Gulf becomes a surcharge on your Amazon delivery, a fare hike on your next flight, and a price increase on anything that moved on a truck to get to you, which is nearly everything. A former Bush administration energy adviser called it 'a huge sudden tax increase.'» ~ Jason Sattler
