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The Surge in Fuel CostsAt Iowa 80, the self-proclaimed largest truck stop in the world, drivers are facing unprecedented fuel costs. A gallon of regular gasoline recently reached $4.26, while diesel climbed to $5.72. These prices have increased sharply ever since the US joined Israel in attacking Iran and sparking a global energy crisis.The Global Energy CrisisThe military conflict has led to the closure of the Strait of Hormuz, a critical waterway through which about 20% of the world's oil supply travels. This geopolitical disruption has created ripple effects throughout the global energy market, with analysts predicting that high gas prices could stick around as the summer travel season begins in the United States.Financial Toll on TruckersThe price increases have hit truck drivers particularly hard. Owner-operator Malvinder Grewal recently spent $809 to fill up his 18-wheeler, which was carrying a shipment expected to net him $2,550 for delivery to Ohio. Other drivers report similar financial strain, with diesel costs rising from around $80 to $125 per fill-up for some.Economic Ripple EffectsThe rising fuel costs are creating widespread economic impacts. As barber Angie Clark noted, "When gas goes up, that makes everything else go up, because everything is transported by truck." This inflationary effect threatens to increase costs of goods across multiple industries, potentially leading to price increases for consumers.Political FalloutThe gas price surge has coincided with declining approval ratings for President Trump. Recent polls show his approval ratings in the high 30-percentage point range, with voters' views of his economic handling hitting an all-time low. The administration has responded by approving fuel with higher ethanol content and potentially suspending the federal gas tax, though these measures may provide only temporary relief.Future OutlookIf the Strait of Hormuz remains closed, pump prices could break records in the coming months. The situation remains precarious for truck drivers and other transportation-dependent businesses, with many expressing frustration over the ongoing conflict and its economic consequences. The political implications may extend beyond the upcoming midterm elections as voters continue to feel the pinch at the pump.

On Tuesday, Oregon will hold a high‑stakes primary that decides the Democratic and Republican nominees for governor, a Senate seat, all six U.S. House seats, and a host of state offices, while also putting a gas‑tax repeal referendum on the ballot. The Governor’s Primary Field and Key Contenders Incumbent Gov. Tina Kotek seeks a second four‑year term amid competition from nine Democrats, including a children’s‑book author, an Indigenous nonprofit leader, and an inventor focused on water scarcity. On the Republican side, former state senator Christine Drazan leads the pack, followed by ex‑NBA player Chris Dudley and state Rep. Ed Diehl, who gained visibility by opposing Kotek’s gas‑tax package. Numbers Shaping the Race: Polls, Voter Registration, and Gas Tax Impact Polls show Drazan at 35 % for the Republican gubernatorial nomination. Kotek enjoys a comfortable lead in the Democratic primary, with opponents trailing far behind. Voter registration: 32 % Democrats, 25 % Republicans, the remainder “non‑affiliated.” Gas‑tax referendum could repeal a recent increase that added roughly 80 cents per gallon to Oregon pump prices. Why Oregon’s Primary Could Reshape the 2026 Midterms As a closed‑primary state, the winners of the Democratic contests are likely to become the party’s frontrunners in the November midterms. However, the sizable “non‑affiliated” electorate (over 40 %) means that outcomes in swing districts—especially the Republican‑leaning 2nd congressional district represented by Cliff Bentz—could signal how closely state Republicans will align with national figures such as President Trump. The gas‑tax referendum adds an economic dimension, turning the primary into a de‑facto referendum on cost‑of‑living pressures exacerbated by the US‑Israel‑Iran conflict. What to Watch After the Ballot: Potential Outcomes Preliminary results are expected Tuesday evening, but final tallies may take days due to mail‑in and provisional ballots. A victory for Kotek would cement Democratic control of the governor’s office, while a strong showing by Drazan could energize the state GOP ahead of the general election. The fate of the gas‑tax repeal will influence the state’s transportation budget and could become a rallying point for both parties in the fall campaign.

The Budget Decision That Favors Fossil Fuels Despite growing momentum for climate action, the upcoming Australian federal budget is poised to support fossil fuel industries by rejecting proposed reforms to gas taxation and fuel tax credits. This decision comes as 57 national governments meet in Colombia for the first international conference on transitioning away from fossil fuels, with France setting ambitious targets to remove coal by 2027 and end fossil fuel dependency by 2050. The Gas Tax Campaign and Its Unexpected Support A campaign for a 25% levy on gas exports has gained remarkable cross-political support, from the Greens and One Nation to independent MPs like David Pocock and potential Liberal leader Andrew Hastie. The movement also includes influencers, unions, heavyweight economists, former bureaucrats, ex-gas industry executives, and the broader environment movement. According to an Essential poll, 57% of voters support taxing gas export profits, with only 12% opposed. Economic Implications of the Rejected Reforms The rejected measures could have significantly impacted Australia's budget deficit and reduced implicit subsidies for multinational fossil fuel companies. The Australia Institute estimates a 25% gas tax would have yielded about $70 billion if introduced when Labor was elected in 2022. Former Treasury chief Ken Henry has even argued for a 100% windfall profits tax, suggesting substantial economic benefits that the government appears willing to forego. Political Calculations Behind the Decision Prime Minister Anthony Albanese has assured the gas industry that existing contracts won't change, linking his stance to the global fossil fuel crisis and emphasizing the importance of maintaining relationships with countries that buy Australia's fossil fuels. This political message, rather than technical considerations, appears to be driving the government's position, despite Treasury officials indicating that a 25% tax wouldn't affect existing contracts. The Fuel Tax Credit Controversy Parallel to the gas tax debate, the fuel tax credit scheme—which gives miners full rebates on the 52.6 cents per liter diesel excise—has faced increasing criticism. Mining magnate Andrew Forrest's company Fortescue launched an advertising campaign highlighting that 18 major mining companies receive $3 billion annually in diesel rebates while households struggle with rising living costs. The ACTU and Climate Change Authority chair Matt Kean have described continuing these rebates as "insane." Global Influences on Domestic Policy The government's decision to maintain the status quo on both issues has been influenced by global events, particularly the US-Israel war on Iran, which has pushed diesel prices skyward. This development has complicated efforts to reform the diesel rebate scheme, with the government prioritizing fuel security during a period of international instability. The Climate Action Gap While the government supports renewable energy and batteries, there is limited enthusiasm for addressing the need to reduce fossil fuel promotion and usage. This gap between climate commitments and actual policy underscores the challenges in transitioning away from fossil fuels, even as Australia's trading partners begin to seriously address the need to phase out coal, oil, and gas within the next couple of decades. Hope for Future Reform Despite the current setbacks, campaigners remain optimistic about the surge of cross-community support for a gas tax this year. The unprecedented pressure on an issue that previously had little traction suggests that change may be possible in the future, regardless of the immediate budget decisions. The movement plans to continue pushing for reform, viewing this moment as a critical step in a longer journey toward climate action.