Trump Supporters Walking Away Over High Fuel Costs

Sep 18, 2026

Farmers, ranchers, and small business owners who backed Trump are turning on him as the Iran conflict keeps diesel prices high — bad news for the economy heading into the holiday season, and a warning sign for stocks, crypto, and precious metals.

  • Farmers and veterans are posting pleas to Trump to stop the Iran conflict, saying high diesel costs are sinking their businesses.
  • Ranchers are also getting hit by cheap Mexican ground beef that Trump allowed into the U.S., which they can't compete with on price.
  • Fuel supply is getting tighter: an Exxon Mobil refinery is offline after a flood and power loss, and the Strategic Petroleum Reserve is at its lowest level since 1982 with most of the emergency oil already loaned out.
  • High fuel prices lasting six months or more tend to break the economy, and that breaking point is landing right as holiday shopping starts.
  • Late buyers who piled into silver and gold over the past year are starting to sell, and a similar dump is expected in crypto and stocks.

Outlook: Anger at Trump will keep growing while fuel stays expensive, and a sharp drop in metals, crypto, and stocks over the next six to eight months could create buying opportunities for anyone with cash and a plan.

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