Diesel just hit the highest price ever recorded in America. Gas is up about 47% since February. And somebody, somewhere, is telling you that's good for the economy. Is it?

On this episode of The Dupree Report, Wayne breaks down what's behind the fuel price surge and who's actually paying for it. According to AAA, diesel was $3.76 a gallon on February 27, the day before the U.S. and Israel struck Iran. It hit a record $6.53 on September 22 and sat around $6.31 on Tuesday. The Bureau of Labor Statistics reports gasoline prices are up 27.4% over the past year, while real hourly wages are down 0.3%.

Wayne looks at the strongest case that higher oil prices help the U.S. economy, since America is now a net oil exporter, and the strongest case against it. He also looks at why politicians in both parties have a habit of calling high prices a problem when the other side is in charge, and why "I don't know" may be the most honest answer in a political debate.

Oil companies can have a great quarter while your family has a rough month. The question is which one gets called "the economy."

No co-host. No spin. Just the numbers, the sources, and the questions voters deserve to hear, without giving either party a free pass.

Read the story. Check the source. Make up your own mind.

EDITOR'S NOTE: The Wayne Dupree Show is an opinion and commentary program. Statements made by hosts and guests reflect their personal views and are not presented as factual news reporting. They do not represent the editorial standards or positions of The Dupree Report. For TDR's full editorial standards, visit our Ethics Policy.

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