FOX Business host Stuart Varney argues diesel is 'a baseline price for any kind of venture.'
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STUART VARNEY: Among the most vital inflation indicators is the price of a tankful of diesel..
It's an indicator that's flashing a danger signal.
The nationwide standard is now at a record high: $5.32 a gallon. Up roughly 40% from a year earlier.
That's major inflation. As well as it indicates also worse rising cost of living this summertime.
Diesel is used by farmers, truckers, construction workers. It's a standard price for any enterprise. It's an expense that is passed along. You may deny diesel on your own, but you'll spend for it.
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