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Message
Posted on 10/31/22 at 6:10 pm to lsufan31
quote:can’t be, diesel is only 50% higher than gasoline right now. any cheaper and it would be free
No, it’s not real
Posted on 10/31/22 at 6:26 pm to The007
went to Walmart today to fill up (2500 Duramax) and they were all out of diesel.
Gonna check back tomorrow. If they're out, I'll have to go to the Shell station down the road and pay 5.79/gal.
Gonna check back tomorrow. If they're out, I'll have to go to the Shell station down the road and pay 5.79/gal.
Posted on 10/31/22 at 6:29 pm to The007
This was a link from earlier This was the first I had heard about the shortage
Posted on 10/31/22 at 6:34 pm to Miketheseventh
The WH press secretary was asked about this situation. They didn't give a straight answer. The upper part of nation might spent 5k on heating oil this winter. Natural gas will increase to 28%. There is shortage on energy products.
Posted on 10/31/22 at 6:53 pm to The007
quote:no
Is this potential Diesel Fuel Shortage Real?
Posted on 10/31/22 at 8:30 pm to Roaad
quote:
CitizenK
Only took him several hours to find his talking point online
He also believes that Putin is the cause for this if true.
This post was edited on 10/31/22 at 8:31 pm
Posted on 10/31/22 at 8:39 pm to The007
Yes... IF:
A) you define "shortage" as levels being lower than normal or historically.
B) you realize that it doesn't become a "real shortage", i.e. not available where needed the most unless something causes disruptions in the production (e.g. gulf coast hurricane).
So it is real by the (a) definition of a shortage. It isn't a real problem unless something derails production.
Prices are rising, as opposed to spiking, indicating the market is baking the low levels of supply into the cake. Production levels are flat or on a slight decline while demand has increased significantly. It is a simple mass balance over, right now, a short period of time. The longer the time those two trends continue (and they are never indefinite) the bigger the problem will become and the more prices will rise.
If prices spike, large amount in short period of time, then it is an indication we're entering into a true shortage, in the conventional definition we're all familiar with, where availability becomes more of an issue than price.
A) you define "shortage" as levels being lower than normal or historically.
B) you realize that it doesn't become a "real shortage", i.e. not available where needed the most unless something causes disruptions in the production (e.g. gulf coast hurricane).
So it is real by the (a) definition of a shortage. It isn't a real problem unless something derails production.
Prices are rising, as opposed to spiking, indicating the market is baking the low levels of supply into the cake. Production levels are flat or on a slight decline while demand has increased significantly. It is a simple mass balance over, right now, a short period of time. The longer the time those two trends continue (and they are never indefinite) the bigger the problem will become and the more prices will rise.
If prices spike, large amount in short period of time, then it is an indication we're entering into a true shortage, in the conventional definition we're all familiar with, where availability becomes more of an issue than price.
Posted on 10/31/22 at 8:43 pm to The007
I don't think we'll run out, the danger is if something happens where there is a sudden halt or sharp decrease in production. Short of a war, I don't see anything happening.
Posted on 11/1/22 at 8:38 am to momentoftruth87
quote:
Don’t think military will have an issue. Regular consumers, damn right.
Military will have to move to the front of the supply line but they typically get their supplies from the same evil oil companies consumers due.
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