Time for a diesel export ban?
Summary
Marketplace examines the potential unintended consequences of a proposed diesel export ban amid record-high fuel prices, while Chad Bown analyzes how China’s leverage over rare earths limits US trade leverage during Xi Jinping’s state visit. The episode also breaks down the $40 trillion national debt, noting that intergovernmental holdings like Social Security trust funds are being depleted, and reports that increased dairy production and the protein trend are driving down butter and cheese prices. Additionally, the show covers the widening gap between oil futures and physical prices due to…
Topics discussed
Sponsors: Odu and Hard Lessons
Intro: Diesel prices and export ban debate
Report: Impact of diesel costs on farmers
Market preview: Stocks, bonds, and oil
Interview: US-China trade dynamics with Chad Bown
Explainer: Breakdown of the $40T national debt
Report: Why butter and cheese prices are falling
Market numbers and AutoZone earnings
Sponsors: Odu, ShipStation, and UI MBA
Report: Divergence between oil futures and physical prices
Report: Effects of bank consolidation on small businesses
Outro: AI rebranding note and credits
Fundraising appeal and final sponsor
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