David Ruisard
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“High prices are here to stay for a little while at least.”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard said high fuel prices are here to stay for at least a little while due to damage to Middle East facilities.
“The message to consumers and industry is that regardless of what happens and whether the president is able to successfully negotiate that kind of a deal,”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard said the message to consumers and industry is that high prices will persist regardless of whether the president negotiates a deal.
“The problem with that red dye is, it's extremely hard to clean it out of your tank,”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard explained that red dye is extremely hard to clean out of a fuel tank.
“The fines are pretty high for having that in your fuel tank because its considered tax evasion.”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard noted that fines for having red dye diesel in a fuel tank are high because it is considered tax evasion.
“If suddenly people go out and they start consuming that diesel, that depletes their available supply as well,”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard said expanded use of red dye diesel could deplete supply set aside for other users such as rail operators.
“Our estimates are that your price increase from about $3 a gallon up to $6 a gallon [for diesel] is 60% connected to the Strait of Hormuz, 40% connected to the Russia-Ukraine conflict,”
David Ruisard · said date not stated · reported 2026-10-09
Ruisard attributed the diesel price increase to both the Strait of Hormuz disruption and the Russia-Ukraine conflict.