Diesel Shortage Who's got our backs then? Powerball Announces Delay to Record-Breaking $1.9 Billion Drawing. Another refinery in Canada shut down during the COVID-19 pandemic. What's going to happen? Wholesale diesel prices at the New York spot market have spiked this week to more than $200 per barrel. I.e., it means we will all be poor, but happy. Like ALL politicians and BIG business, the way to make a profit is to have less to sell, then hike up the prices. Everyone needs to get out and vote in this and every election to save the country we love. Let's not forget that most of the US military's supply chain (all land vehicles for transporting freight and munitions) runs on diesel fuel. The diesel crunch comes just weeks ahead of the midterm elections and has the potential to drive up prices for consumers who already view inflation and the economy as a top voting issue. Diesel shortage Taking from @JavierBlas: US has just 106 million barrels of diesel stockpiles. Join half a million readers enjoying Newsweek's free newsletters. that natural gas prices in the United States had fallen sharply after trade unions and railway companies reached a tentative deal that averted a potentially devastating strike. A cold winter would certainly push gas consumption even higher. That sort of price increase affects everything along the supply chain that involves electricity produced using gas, sending ripples across the economy. They noted something few other analysts tend to mention: the concentration of much of U.S. gas production in a handful of fields, with just twoMarcellus and Haynesvilleaccounting for as much as 40 percent of the total. What these anti-oil-and-gas loonies don't appreciate is that fuel is only one product of this resource. That will come. Long waits for diesel and concerns about supplies have China tapping its fuel reserves. Cheating has been made more difficult for ballot-stuffing democrats. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. "It's a headache. In the spring, the principals of investment firm Goehring & Rozencwajg said U.S. gas prices will. with international prices towards the end of 2022. GamesRadar+ To help us think about this, we have Chunzi Xu. diesel shortage The last straw may have been comments Cross made as a guest on Charlamagne Tha God's Hell of a Week show on Thursday, sources told the New York Post. It is time now to either stand up and fight for your freedom or submit. Which is why Americans should view with alarm the unconscionable news reported by industry analysts that we are facing a severe shortage of diesel fuel this winter. XU: Yeah. 13/09/2022. Energy suppliers, truckers warn about diesel shortages ahead of the busy holiday season, as supply chain disruptions prompt surging prices at the pump. Last week, the media rushed to report that natural gas prices in the United States had fallen sharply after trade unions and railway companies reached a tentative deal that averted a potentially devastating strike. distillate fuel consumption by the U.S. transportation sector, Top 36 House Seats That GOP Might Gain on Election Day, Edward Snowden: The most important video of the year was filmed in 1983 WATCH, Report: GOP to Rein in War on Farmers, a Formula for Famine, Report: Pfizer Develops RSV Vaccine for Pregnant Women to Immunize their Unborn Babies in the Womb. There's a big difference between the price of gasoline and diesel. Then, the U.S.'s principal enemy, China, sashays in and assumes complete control without ever firing a shot. There is a war going on, one which should have been won by Ukraine months ago. Are they responding to this, and if so, how? If we had a Transportation Secretary who knew anything about transportation (instead of small-city mayor Pete), he or she could enlighten the dim-witted fools who are making/influencing our nation's transportation/fuel-sourcing decisions. Clear-headed visionaries are needed to guide this nation through an energy transition of the magnitude required for successful implementation. They are not incompetent and stupid. in a recent column that domestic and international gas consumption had risen to record highs, and shale producersthe ones that account for the bulk of U.S. natural gas outputwere having a hard time catching up with this demand. Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. ": The Persecution of Christians, September 2022, Germany Selling Critical Infrastructure to China, The Danger of a "Sleeping" Nuclear Deal: Stronger Russia, China, North Korea, Iran, Palestinians Vote For Terrorists, Then Claim Israelis Are 'Extremists'. Diesel "In those areas, this is a headache. Their next step may be a relic of the 1970s energy crisis a ban on oil exports. Disciplined and highly intelligent Chinese leaders know that the arrogant and craven mediocrities who have assisted China's seamless acquisition, and who baselessly presume their self-importance, not only are unnecessary, but also, are irredeemable amoral liabilities. Then, as now, destroying the energy infrastructure of an adversary can bring about the destruction of a nation. Its no stranger to parabolic moves up and down. by Lloyd Chitsulo. A large refinery also will soon open in Nigeria to cushion supplies of imported oil. Much has been written recently regarding the scant air-quality improvements/fuel efficiency gains that can be realistically achieved by banning the use of fossil fuels. The Biden administration has remained strangely silent, probably hoping that the dismal news doesnt hit the mainstream because its a total political timebomb waiting to go off, especially as the midterm elections are so close. At $5.324 a gallon, theyre 50% higher than this time last year, according to AAA data. Latest News. As a general rule, open diesel fuel can last up to 1 month. We are already seeing the inflationary changes in food and other prices that have been caused by the basic inflation in what it costs to transport parts required to manufacture final products and again to transport the final products to markets. I can live with the prices, but shortages is what really has me worried when we're on the road. For example, dairy production is down because of a labor shortage, which leads to a shortage of dairy products like butter just as the American holiday season is beginning to ramp up. Political Mislabeling: Violating the Public Trust, Profits at the Expense of Patriotism Is a Dangerous Game, Needed: A New Monroe Doctrine to Confront China's Aggression, Biden's Diesel Fuel Shortage: Cold Comfort, Iran: Old Recipes From the Devil's Kitchen, "You Think You Can Run Away? This is causing a boom (with associated volatility) in agriculture stocks. Oil prices and President Joe Bidens continued draining of the Strategic Petroleum Reserve (SPR) have dominated the headlines over the past few weeks, but analysts say a more impactful and serious crisis on the energy front looms: a diesel fuel shortage. All rights reserved. I see the perfect storm forming. If Biden cannot stand up to progressives, he won't be able to make the decision to use nukes.In two years he's hobbled both our domestic economy and military, weakened our collective resolve, donated or sold off our most critical reserves, and made a fool of himself on every pubic decision.Look at the horizon. It was almost like we were - people were talking about it all the time. Without ample amounts of diesel, semi-trucks dont move, farms are shut down, and critical manufacturing sectors are crippled. PlayStation userbase "significantly larger" than Xbox even if every And yet, inventories remain below the seasonal average, exports are running at record rates, and producers are beginning to struggle to meet demand, both at home and abroad. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. The views expressed in this article are those of the author and do not reflect the official position of yourNEWS. Americans might soon see a shortage of dairy products. Understandably, we have been focused on the price of gasoline, but it is diesel that actually runs America. This is a commodity that trades parabolically a lot. Plasticrelated chemicals impact wildlife by entering niche environments and spreading through different species and food chains. Bob, it is not incompetence, it is conniving and deliberate. And that could help the region in a pinch. Ford, and the F-150 in particular, has been hit hard by the global microchip shortage, and sales fell 8 percent compared with last year. Nov 8, 2022 | Featured, Politics, Top Stories, U.S. A 1983 interview shared by government whistleblower Edward Snowden where a CIA agent candidly explains how intelligence agencies use mainstream media to propagandize the public. My assumption is correct there? It is the fuel that runs our farming and construction equipment. Russia's invasion of Ukraine has elicited sanctions against Russian imported oil, and the Energy Information Administration (EIA) oil metrics show only 25 days of diesel remain in storage. in National News. Diesel engines are also less likely to stall than gasoline-fueled engines. This means fewer and shorter motorhome trips which will affect employees who manufacture motor homes, and those who run RV parks and resorts. So when diesel gets expensive, everything costs more. Car and Driver "With this impending diesel supply shortage, it's going to drive costs of the everyday items that would go to the grocery store through the roof," Rieck said Tuesday on the "Just the News, No Noise" TV show. Another contributor is the lack of alternative sources of electricity generation: coal plants are being retired, and droughts in many parts of the country have compromised its hydropower capacity, the Reuters analyst also noted. And that's because, again, similar to diesel, inventories are very low. Will Sour Biden up and declare that we deserve the hardships because we won't support what his minions think is good for US?Or will he simply be absent when the shit hits the fan? Levin-Waldman said midterm elections aren't likely to influence most shortages Americans are experiencing, as candidates are debating topics like inflation and economy but not so much the underlying issues contributing to those topics. Is anyone else modifying or waiting on travel plans? The United States government is going to purchase oil to refill the Strategic Petroleum Reserve when prices fall to $70 a barrel, Biden said last Wednesday. Diesel Shortage There's pronouns, abortion, drag queens, now Paul Pelosi, and Blithering Blighten slurring and mumbling about loyalty and January six so called insurrection.We are in a funk and it's about to get worse.I am very concerned about this election. It won't be General Milley. And that will shift more of the burden of global supply onto U.S. refiners. Americans experienced the impact of labor and product shortages in earnest during the COVID-19 pandemic. The country's prosperity starts with energy costs, and without having a sound energy policy, inflation will continue to worsen, and the supply chain will also be affected to the point where store shelves will be increasingly empty, causing closure of large and small businesses and putting more people on unemployment. And the more gas utilities use for lack of reliable alternatives, the longer the energy-driven inflation will continue. What exactly is diesel, and why is it so important as an energy source? The decline would come as a result of rising local gas production, the EIA noted. Start Trading CFDs Over 2,200 Different Instruments, Ukrainians Face Weeks Of Emergency Energy Shutdowns, The Federal Reserve's increasingly hawkish. And we're seeing shortages up and down the coast. Last time inventories were that low in mid-October was in 1951. Now it is payback time. Inventories should be 30% higher this time of the year. Fed have another wave of energy-led inflation coming? You know, it was a big story. Shortage Thank You Biden! While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike this winter. My Patriot Supply, a Just the News advertiser, sells emergency long-term and short-term survival food. Times are gonna change. De Haan is concerned about the limited supply but only for the northeastern states. News Chunzi Xu, thank you so much for joining us. And as temperatures begin to drop, thousands of households across the country will be using it as their primary source of heat. The most affected job sectors are those requiring employees to be present in person such as police officers, teachers, manufacturers and bus drivers. It is unlikely that U.S. gas prices will climb anywhere near European levels, but they are up by a whopping. How Influential Will Chinese Crude Imports Be On Oil Prices This Winter? They carry significant cargo underneath the passengers (bottom half of the tube). On the contrary, the latest figures suggest more financial pain for gas consumers. The articles printed here do not necessarily reflect the views of the Editors or of Gatestone Institute. Los Angeles County Sued For Vaccine Mandate, Orange County Declares Health Emergency, China Calls for Climate Aid for Poor Nations, Bay Area Residents Call For Release of Persecuted Family Members Imprisoned In China, Colts Fire Head Coach Reich After 3-5-1 Start. So do they have any options here? But has been allowed to drag on so politicians and big business can make big bucks Stuff the Greens, stuff the planet for a couple of years. De Haan said diesel challenges are more likely to affect New England, the northeast and the mid-Atlantic more than other areas in the country. Diesel fuel also has a greater energy density than other liquid fuels, so it provides more useful energy per unit of volume. Prices, meanwhile, remain relatively elevated, according to AAA data. How is it that diesel reserves have dropped to frightening levels while the energy-demanding cold weather has not even arrived in most of the country yet? And the more gas utilities use for lack of reliable alternatives, the longer the energy-driven inflation will continue. How such "gurus" as Schwab receive any recognition from the Press or financial world is baffling.Makes me want to go to the barn and do some more reloading. Supply shortages could have a grim outlook. The articles printed here do not necessarily reflect the views of the Editors or of Gatestone Institute. Trading and investing carries a high risk of losing money rapidly due to leverage. According to theUS Energy Information Administration(EIA), diesel fuel is used to transport goods and run military vehicles and tractors of farms: Most of the products we use are transported by trucks and trains with diesel engines, and most construction, farming, and military vehicles and equipment also have diesel engines. Copyright 2022 Gatestone Institute. Diesel Shortage The U.S. simply implodes and dies. Microsoft is building an Xbox mobile gaming store to take on XU: The economy runs on diesel. XU: Yeah, prices have eased from record highs this May and June, but they are still much higher than they were a year ago and very high for election season. It is the lowest storage supply since 2008 and has led to skyrocketing prices as U.S. refineries struggle to keep up with demand. They have no idea of the myriad of products, from medicines and cosmetics to paints and plastics, that come from oil and gas. The zealots vandalizing art, obstructing workers and emergency services may be gormless tools, but the impetus for destroying Capitalism and Western economies is a deliberate policy of the WEF, and communism, by any name.That we meekly acquiesce to our own annihilation is pathetic. Diesel engines can do demanding construction work, such as lifting steel beams, digging foundations and trenches, drilling wells, paving roads, and moving soil safely and efficiently. De Haan said the number is a national number, and certain areas of the country have tighter supplies of diesel than others. Think of the other industry segments (agriculture, construction, mining, trains, etc.) It is a deliberate plan. It also became the major US refiner of Canadian oil sands. told the New York Post last week. Diesel doesnt get as much of the limelight as oil and gas, but it should because diesel fuel is the industrial lifeblood of the United States, and the price of diesel alone probably has a more significant impact on inflation and the prices youre paying at the grocery store over any other factor. MARTIN: So can I just start off with a basic question for people who aren't familiar with this? Reminds me of the hastily planned Afghanistan withdrawal. Some truck stops are even shutting down for the day because supplies have run out. It does look good from a gas exporters perspective, however. Severe drought conditions also have decreased the supply of rice, winter wheat, tomatoes and olive oil, according to a recent report by Money Talks News. Without diesel fuel this country does not move. Diesel fuel is also used in diesel engine generators to generate electricity. The United States is experiencing a diesel shortage, particularly on the East Coast, as a result of multi-year low stockpiles and supply bottlenecks with reports suggesting that only 25 days of fuel is left in the nation's fuel bank. Last year, many truck stops had to limit the fuel each customer purchased. However, one analyst said the numbers were taken out of context. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. Commerce stops. EIA data shows that the United States, as of Oct. 14, has 25.4 days of supplydown from 34.2 days of supply four weeks prior. I really don't understand this western self-flagellation that is going on at the moment. (A small refinery came online in 2020 in North Dakota)." This time, it's GM's 3.0-liter Duramax diesel engine that's biting the dust. When reports of a diesel supply shortage began making headlines last week, panic ensued as people wondered what would happen to the U.S. economy if supply continued to fall. Currently, there are only 25 days of supply left, and that number is dropping fast. It runs on Diesel/Kerosene/Jet Fuel. Pfizer says its demonstrated that it can protect infants from respiratory syncytial virus by vaccinating their mothers during pregnancy. (Jim Watson/AFP via Getty Images), The United States is down to 25 days of diesel supply as a top White House official declared the stockpile levels to be unacceptably low.. European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe. When the project was completed, Whiting became the largest BP refinery in the world. And that means oil companies can invest to ramp up production now, with confidence theyll be able to sell their oil to us at that price in the future: $70.. It may go away, or it could worsen.". The Organization of the Petroleum Exporting Countries (OPEC) expected the global demand to rise 100.8 million barrels per day in 2022, while daily production only increased 400,000 barrels. The diesel crunch comes with just three weeks to go before the November 2022 midterm elections and will likely drive up prices even more. Meanwhile, although higher on a weekly basis, inventories remained at the second-lowest for this time of the year for the last 12 years, Reuters market analyst noted. Retail prices have been steadily climbing for more than two weeks. Its incredibly volatile, and it also has the ability to reset. A hotter summer also contributed. Lower milk production on U.S. farms and labor shortages at processing plants have helped to push butter prices up nearly 25 percent in the last year, outpacing increases in most other groceries. A smaller refinery producing around 105,000 barrels of oil a day recently restarted in New Jersey after shutting down because of the pandemic and could allow for some breathing room in the northeast, according to De Haan. The average price for a gallon of diesel stands at around $5.33 nationwide, or up nearly $2 since the same time in 2021, the data shows.
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