Pricey Diesel to Push Harvest Season Costs Higher, Says Tom Kloza
Tom Kloza, chief oil advisor to Gulf Oil, says that disruption in the global oil market from the Iran war is likely to make this harvest season extremely costly as average diesel prices extends over $5 a gallon. Kloza also discussed the impact economic pressure on Iran and said that that likely means the US won't have 'full and unfettered access' to the global oil markets. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
