Typical Cycle Back Toward 0% PPI, $2 Diesel in 2027 US crude oil, liquid fuels, natural gas, corn, soybean and wheat surpluses are increasing on the back of the 2026 energy crisis, which may transition to typical post-inflation deflation in 2027. My graphic highlights the per-gallon price of the heating-oil future (diesel) on the same scale as the US Treasury 5-year yield, with both peaking just above $5 and 5% at the end of 3Q. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/todvxbkiups9 {BI COMD} #diesel #commodity #FederalReserve #inflation @BBGIntelligence