Robert Rapier

Why Record Crude Output Can't Solve America's Diesel Crisis | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry.

Diversification can feel like failure when a handful of megacap stocks drive the market higher, but narrow leadership can also create opportunities for patient investors.

Diesel prices have soared above gasoline prices as long-standing production costs combine with global supply disruptions, shrinking inventories, and strong international demand.

Soaring tanker rates are adding as much as $40 per barrel to oil costs, reshaping global trade flows and raising fuel costs for consumers.

Why Have Oil Shipping Costs Increased So Much? When Americans think about the price of oil, they usually focus on the number quoted every day in financial markets.

Editor's Note: Last week the Dow gained 0.7% while the Nasdaq fell 4.5%, and Robert Rapier explains why the “market” is really several different markets.

Soaring oil tanker rates are adding as much as $40 per barrel to transportation costs, disrupting global crude trade and increasing pressure on fuel prices.

Robert Rapier, Senior Contributor 8 min read Golden Pass LNG terminal under construction on Thursday, April 14, 2022 in Sabine Pass. (Photo by Karen Warren/Houston Chronicle via Getty Images)

When the market’s biggest winners start to stumble, shifting leadership can test valuations, investor expectations, and the value of diversification.

When Americans think about the price of oil, they usually focus on the number quoted every day in financial markets. If Brent crude is trading above $100 a barrel or West Texas Intermediate is near $1