Today 9:41 am
Remember how rule of 72 applies to simple compounding interests between stages of harvesting raw materials and taxing stages of marketing finished products in every society in this atmosphere.Blackvegetable » 53 minutes ago » wrote: ↑ https://www.nbcnews.com/business/energy ... rcna596843
Diesel hits all-time high of $6 per gallon, and just about everything will cost more
Tariff Status of Oil and Petroleum Products Crude Oil: Formally excluded from baseline and partner-specific import tariffs to protect refinery operations and avoid sudden spikes at the gas pump. Processed/Refined Oil: Refined fuels (such as gasoline, diesel, and other petroleum products) are similarly exempt from direct import tariffs.
Indirect Costs: While the oil feedstock remains tariff-free, upstream and refining companies still face higher operational costs due to tariffs on essential infrastructure materials like steel and aluminum (used for pipelines, drill pipes, and refinery vessels)