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Started By
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U.S. Media Awakens to Nation’s Looming Diesel Fuel Crisis
Posted on 10/31/22 at 11:19 am
Posted on 10/31/22 at 11:19 am
quote:
Diesel stockpiles in the U.S. are reportedly at their lowest point since 2008, with only enough fuel for a 25-day supply, according to a recent report from Bloomberg. Demand is also said to be at its highest point since 2007, creating a dangerous supply/demand combination that’s causing spikes in pricing. The Biden administration called the nationwide diesel supply “unacceptably low” and is looking at all options to build up the national supply to help reduce prices.
According to U.S. Energy Information Administration (EIA), the average price of diesel is at $5.34 per gallon. That’s an increase of $1.67 per gallon, compared to this time last year. The area getting hit the hardest is New England, where people burn diesel fuel for heat more than anywhere else in the country. There, stockpiles of diesel fuel are a third of what they normally are at this time of the year. However, the highest cost of diesel fuel is in California, where the average cost is almost $6.50 per gallon, an increase of almost $2.00 per gallon over this time last year.
It’s also a massive price increase over the average cost of gasoline in the U.S. According to the EIA, the average price of gasoline in the U.S. is $3.87 per gallon, with the most expensive region also being California, at $5.84 per gallon.
LINK
Posted on 10/31/22 at 11:24 am to frequent flyer
But not enough to understand it’s driving inflation
Posted on 10/31/22 at 11:25 am to frequent flyer
Tboy says he doesn't need oil because he rides the bus
Posted on 10/31/22 at 11:29 am to upgrayedd
quote:
Tboy says he doesn't need oil because he rides the bus
The bus must be hand carved from wood and stone, and runs on wind power.
Posted on 10/31/22 at 11:31 am to frequent flyer
It's all these 18-wheelers loaded with stuff you can't get because of supply shortages....
Posted on 10/31/22 at 11:31 am to frequent flyer
We're overly legislated and too heavily regulated.
The "Land of the free" ranks 25th in economic freedom.
Ranked ahead of us..
The "Land of the free" ranks 25th in economic freedom.
quote:
United States 25 Decrease 2.7
Ranked ahead of us..
quote:
Singapore 1 84.4 Decrease 5.3
Switzerland 2 84.2 Increase 2.3
Ireland 3 82.0 Increase 0.6
New Zealand 4 80.6 Decrease 3.3
Luxembourg 5 80.6 Increase 4.6
Taiwan 6 80.1 Increase 1.5
Estonia 7 80.0 Increase 1.8
Netherlands 8 79.5 Increase 2.7
Finland 9 78.3 Increase 2.2
Denmark 10 78.0 Increase 0.2
Sweden 11 77.9 Increase 3.2
Australia 12 77.7 Decrease 4.7
Iceland 13 77.0 Decrease 0.4
Norway 14 76.9 Increase 3.5
Canada 15 76.6 Decrease 1.3
Germany 16 76.1 Increase 3.6
Lithuania 17 75.8 Decrease 1.1
Latvia 18 74.8 Increase 2.5
South Korea 19 74.6 Increase 0.6
Chile 20 74.4 Decrease 0.8
Czech Republic 21 74.4 Increase 0.6
Austria 22 73.8 Decrease 0.1
Cyprus 23 72.9 Increase 1.5
United Kingdom
Posted on 10/31/22 at 11:31 am to upgrayedd
quote:
Tboy says he doesn't need oil because he rides the bus
Electric bus?
Posted on 10/31/22 at 12:04 pm to upgrayedd
quote:
Tboy says he doesn't need oil because he rides the bus
Posted on 10/31/22 at 12:07 pm to upgrayedd
quote:
Tboy says he doesn't need oil because he rides the bus
Or the people who say you don’t need to drive diesel trucks yet they forget all about the big rigs that need diesel to keep America running.
This post was edited on 10/31/22 at 12:12 pm
Posted on 10/31/22 at 12:08 pm to frequent flyer
Greatest economic recovery ever, Jack!
*bites ice cream*
-Joe
*bites ice cream*
-Joe
Posted on 10/31/22 at 12:14 pm to frequent flyer
We need to learn to do more with less and here is why it's good.
CNN/MSNBC/Corp America/progs
CNN/MSNBC/Corp America/progs
Posted on 10/31/22 at 12:18 pm to frequent flyer
Is this like the DEF shortage that never materialized or is this one for real
Posted on 10/31/22 at 12:20 pm to TigerBandTuba
I would say it is real and not a whole lot can be done to lessen the problem at this moment.
Well, things can be done, but they are bad things.
Well, things can be done, but they are bad things.
Posted on 10/31/22 at 12:25 pm to fightin tigers
Here we go with import more diesel. This admin is a fricking joke.
Posted on 10/31/22 at 1:10 pm to frequent flyer
Hell 3 years ago I disc'd and seeded 25acres of Rye grass for $773 including tractor diesel expenses. This year it cost $1,100 seed, $850 urea fertilizer, + $225 diesel = $2,175.
Only cost me an extra $1,402 compared to 2020. I know this is more of an "outdoor forum" post, but point gets across.
Only cost me an extra $1,402 compared to 2020. I know this is more of an "outdoor forum" post, but point gets across.
Posted on 10/31/22 at 1:11 pm to frequent flyer
weird, mmmcgrath told me just a month ago that the Diesel shortage rumors were Qtard conspiracies
Posted on 10/31/22 at 1:17 pm to tigerjunior
quote:
Here we go with import more diesel.
I don’t think we import much diesel. In fact, we are a net exporter of finished petroleum product by ALOT.
LINK
Posted on 10/31/22 at 1:19 pm to sledgehammer
quote:
Or the people who say you don’t need to drive diesel trucks yet they forget all about the big rigs that need diesel to keep America running.
The vast majority of vehicles and vessels in the supply chain run on diesel, including most of your material handling and construction equipment.
Posted on 10/31/22 at 1:21 pm to frequent flyer
Amazing how shitty this Administration is. Crisis after crisis.
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