Diesel supplies in New England, the US region most reliant on distillate fuels for heating, have reportedly dwindled to about one-third of normal levels for this time of year. Nationwide, the US has only 25 days’ worth of diesel supplies, the lowest level since 2008.
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I keep hearing only 25 days left, shouldn't it be down to 20 by now?
I think we've reached "Peak Equilibrium", the point where gallons used per day equals gallons produced per day at the refineries.
It's a rolling twenty five.
Remember the toilet paper shortage? Was it because there was less toilet paper being produced, or was the population struck with dysentery? NO, it was because of talk that everyone needs to stock up.
What is putting pressure on Diesel supplies right now? People again reacting to fake news. They are purchasing diesel to fill their heating oil tanks for the upcoming winter. People are all hearing about how Europe is going to freeze and Xiden will send US supplies to help them, so naturally people are reacting and getting ready. This is not new. In the '72 and '74 Arab oil embargo, almost overnight gas stations ran out of fuel. Why?? Because once the news came out about the embargo, which wouldn't affect the country for 2 months, people drove to the gas station to fill their vehicles. This is what is happening now. Everyone who uses diesel for home heating is filling their tanks to the top.
The only way to verify what is going on is to get data on total diesel produced per month for the past 20 years and see if there has been a drop in production or an increase in sales for the past 3 months compared to the national average.
Wondered about that myself.
...it is probably less than that...
Diesel shortage = supply chain crisis
...precisely...
just today, in Texas, noticed diesel 50% higher per gallon that unleaded!! and this is a rural area, so lotta trucks and farm/ranch equipment runs on diesel...bastards!
...this is going to turn really nasty....
No no that's VIN diesel, still plenty of him to go around
...howls...
Diesel: the fuel for a diesel engine; the engine designed by Mr. Diesel to run on just about any oil-based substance, including cheap, plentiful, and sustainable ones. This guy single-handedly and permanently solved this problem for humanity some century ago - how did y'all mess it up this bad?
First USA sanctioned Venezuela, whose oil is perfect for making diesel, so that the refineries in Mobile lay idle, so US started importing Russian oil at great expense, because that was the only oil in the world that matched the Venezuelan sweetness - to keep diesel flowing. One cannot just refine any old oil in those refineries, as they are grade specific. If one were to try, the refinery would get all gunked up.
Oh, and then they sanctioned Russia, because Putin bad.
What did they think was going to happen?
Not to mention the fact that Venezuela was one of the richest nations in the world and is now one of the poorest, just because the USA did not agree with their election results, and muh democramacy. (Am I allowed to swear?). Russia is not so unlucky, the ruble is getting stronger, and they are rerouting exports. India, China etc. are happy to import their oil. Looks like sanctions 'worked' on Venezuela, but not Russia. Also, Venezuela is looking to join the party over at the other side.
Boomerangs anyone?
...accurate assessment of the situational reality...