I noticed a lot of people are confused about this "25 days of diesel reserve left" thing: It does not mean the U.S. will run out of diesel in 25 days. It means that this is the lowest level of diesel fuel reserve in a while (since the 50's). Meaning today we have 25 days of reserve left and in 25 days we will have...25 days of reserve left, or just about. That is because there is diesel fuel being added to the reserve at about the same level it is drawn out.
Here: https://economictimes.indiatimes.com/news/international/us/diesel-shortage-across-the-us-reports-say-only-25-days-of-supply-left/articleshow/95118597.cms
Here is a pertinent excerpt: ...On the basis of the most recent information available from monthly surveys conducted by the EIA, stocks had already decreased to 113 million barrels by the end of July, the lowest level seen since 1996 and before that, 1954. However, in terms of consumption, stockpiles were just 30 days' worth of demand at the end of July, the lowest seasonal level in monthly records dating back to 1945. Since then, the inventory situation has become even more precarious; in October, stockpiles are thought to have reached a record seasonal low of only 25 days of supply. This is the lowest since 2008. The Northeast-to-Southeast diesel shortfall that last week alarmed the White House is forcing at least one supplier to implement emergency procedures.
So, in over 2 months, end of July to October, reserve went from 30 days to 25 days.
I noticed a lot of people are confused about this "25 days of diesel reserve left" thing: It does not mean the U.S. will run out of diesel in 25 days. It means that this is the lowest level of diesel fuel reserve in a while (since the 50's). Meaning today we have 25 days of reserve left and in 25 days we will have...25 days of reserve left, or just about. That is because there is diesel fuel being added to the reserve at about the same level it is drawn out.
Source?
Here: https://economictimes.indiatimes.com/news/international/us/diesel-shortage-across-the-us-reports-say-only-25-days-of-supply-left/articleshow/95118597.cms
Here is a pertinent excerpt: ...On the basis of the most recent information available from monthly surveys conducted by the EIA, stocks had already decreased to 113 million barrels by the end of July, the lowest level seen since 1996 and before that, 1954. However, in terms of consumption, stockpiles were just 30 days' worth of demand at the end of July, the lowest seasonal level in monthly records dating back to 1945. Since then, the inventory situation has become even more precarious; in October, stockpiles are thought to have reached a record seasonal low of only 25 days of supply. This is the lowest since 2008. The Northeast-to-Southeast diesel shortfall that last week alarmed the White House is forcing at least one supplier to implement emergency procedures.
So, in over 2 months, end of July to October, reserve went from 30 days to 25 days.