Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

[The Heretic]

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels | OilPrice.com

The U.S. is competing with Europe for diesel and other distillate fuels as inventories plummet to dangerous levels

oilprice.com

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[Stomper]

Hmmm…. I thought (in the U.S.) that crude oil was imported then ran through our remaining refineries to be distilled into the various fuels that result from the process, not direct diesel fuel importation from the Middle East.

 

[Provincial]

It isn't just economics that drives the output of domestic refineries. One of the side effects (benefits?) of the requirement for ultra-low-sulfur diesel imposed in 2005 was the decision of US refineries to export diesel instead of making expensive investments in equipment to remove enough sulfur to meet the new requirements. A strong global market for sulfur-infused diesel helped them make that decision.

Many state governments (like Oregon) passed laws prohibiting sale of high-sulfur diesel for off-road use, like farming and construction. This cut the domestic demand for HSD, and further encouraged its export.

Diesel shortages are caused by politicians, not capitalists.

 

[Stomper]

It isn't just economics that drives the output of domestic refineries. One of the side effects (benefits?) of the requirement for ultra-low-sulfur diesel imposed in 2005 was the decision of US refineries to export diesel instead of making expensive investments in equipment to remove enough sulfur to meet the new requirements. A strong global market for sulfur-infused diesel helped them make that decision.

Many state governments (like Oregon) passed laws prohibiting sale of high-sulfur diesel for off-road use, like farming and construction. This cut the domestic demand for HSD, and further encouraged its export.

Diesel shortages are caused by politicians, not capitalists.

They also cause inflation under the guise of their BS "corporate taxes".

People need to wake up and realize that businesses don't "pay" taxes…. they merely collect them for the government in the form of higher prices caused by the taxes.

 

[The Heretic]

They also cause inflation under the guise of their BS "corporate taxes".

People need to wake up and realize that businesses don't "pay" taxes…. they merely collect them for the government in the form of higher prices caused by the taxes.

Generally true most of the time.

Sometimes they eat the extra cost due to competition, but that is not the usual case. Even then, the cost usually gets passed on later.

Taxes on corporations are hidden taxes; we as consumers usually do not see the taxes, but we do pay them.

 

[Xaevian]

They also cause inflation under the guise of their BS "corporate taxes".

People need to wake up and realize that businesses don't "pay" taxes…. they merely collect them for the government in the form of higher prices caused by the taxes.

Yup, one of the primary lies of the anti capitalist crowd and a contributing factor in rising prices. Government wage mandates are another big one. Right now it is serious clown world, as many businesses are forced to raise wages to entice people to work, and then have to raise prices to stay profitable above the government minimum wage. The socialists are creaming their designer, made by underaged slave labor in a foreign country, pants over that.

 

[Stomper]

Yup, one of the primary lies of the anti capitalist crowd and a contributing factor in rising prices. Government wage mandates are another big one. Right now it is serious clown world, as many businesses are forced to raise wages to entice people to work, and then have to raise prices to stay profitable above the government minimum wage. The socialists are creaming their designer, made by underaged slave labor in a foreign country, pants over that.

…..and posting their ignorant drivel to social media on their $1,000 smartphones manufactured under the same general conditions abroad.

 

[Explorer1]

Biden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."

www.foxbusiness.com

But ya know, those in the WH know more about business than those actually running the businesses. (ya, right!)

 

[billdeserthills]

IDK about diesel but I paid $4.18/gal for regular at Costco today, which almost seems cheap compared to triple Trump's price on gas

 

[billdeserthills]

Biden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."

www.foxbusiness.com

But ya know, those in the WH know more about business than those actually running the businesses. (ya, right!)

Idiot-in-Chief Biden will hafta refill every drop of gas/diesel he releases and at higher prices-- I've never seen any other President who could throw away more money

 

[Mark W.]

The US uses almost 20 million barrels of Oil a DAY Brandon dumping 15 Million barrels will barely get us to 4:30pm on ONE DAY. This is nothing but a sound bite for the deaf and dumb.

 

[Stomper]

Biden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."

www.foxbusiness.com

But ya know, those in the WH know more about business than those actually running the businesses. (ya, right!)

Yeah, those who have spent their ENTIRE adult lives in "public office" are more expert about everything than everyone.

It's called "narcissism".

Idiot-in-Chief Biden will hafta refill every drop of gas/diesel he releases and at higher prices-- I've never seen any other President who could throw away more money

Your money is if no object to Brandon and those of his ilk.

The US uses almost 20 million barrels of Oil a DAY Brandon dumping 15 Million barrels will barely get us to 4:30pm on ONE DAY. This is nothing but a sound bite for the deaf and dumb.

"Deaf, dumb, and dumberer".

 

[Nosferatu]

$5.79/gal here for Diesel. Pumps keep shutting me off at $200. Have to use 2 credit cards to fill up if I'm near empty. Luckily I don't drive much anymore since I WFH these days. With my 65gallon fuel tank, I can hedge fuel when it's a bit cheaper for quite a while.

Unfortunately when I do drive, it's typically around a 500 mile trip one way, pulling a trailer.

Local stuff I can do 90% of on my motorcycle, which gets me 50mpg, but it puts me at extreme risk of being killed by a Tesla.

Can't have it all.

 

[The Heretic]

$5.79/gal here for Diesel. Pumps keep shutting me off at $200. Have to use 2 credit cards to fill up if I'm near empty. Luckily I don't drive much anymore since I WFH these days. With my 65gallon fuel tank, I can hedge fuel when it's a bit cheaper for quite a while.

I did a smart thing last year after driving my truck to the dump; I filled up the 37 gallon tank with diesel while prices were below $3/gal

I drove it home and I have only used it on the property.
The trip odo says 17 miles since last spring. So I think that tank will last me a while. About 5 of those miles have been the last week driving back and forth to my back acreage to get firewood.

It rained today and will rain all this next week, so that is the end of getting firewood for this season - it will be just too muddy to risk going back there and getting the truck stuck in the mud. BTDT and it is not fun - one time I had to leave the truck stuck in the mud for over a month until the ground dried out.

Besides, my back has had enough of dealing with the firewood for now.

 

[Nosferatu]

I did a smart thing last year after driving my truck to the dump; I filled up the 37 gallon tank with diesel while prices were below $3/gal

I drove it home and I have only used it on the property.
The trip odo says 17 miles since last spring. So I think that tank will last me a while. About 5 of those miles have been the last week driving back and forth to my back acreage to get firewood.

It rained today and will rain all this next week, so that is the end of getting firewood for this season - it will be just too muddy to risk going back there and getting the truck stuck in the mud. BTDT and it is not fun - one time I had to leave the truck stuck in the mud for over a month until the ground dried out.

Besides, my back has had enough of dealing with the firewood for now.

Always nice when you can stretch it out like that. Make sure you're treating it, especially during the winter.

I have a 16' dump trailer that does the firewood hauling. I can pick up several cords worth of green logs. Next is a PTO splitter for the tractor. My back and knees don't allow for a lot of this chopping nonsense either!

 

[titsonritz]

Idiot-in-Chief Biden will hafta refill every drop of gas/diesel he releases and at higher prices-- I've never seen any other President who could throw away more money

Do you think he is actually going to refill the SPR? I bet he'll drain it further and leave for the next guy.

 

[Nosferatu]

Do you think he is actually going to refill the SPR? I bet he'll drain it further and leave for the next guy.

Only if doing so pisses off someone he doesn't like, such as us taxpayers.

 

[slimmer13]

No biggie. We can just haul and grow our food and power our heavy equipment and heat our homes with electric and the parts leftover after gender reassignment surgery.

Fuel company issues diesel shortage warning, says conditions 'rapidly devolving'

Energy consulting company Mansfield is sounding the alarm on what it claims is a developing diesel fuel shortage in the Southeastern region of the United States.

www.foxbusiness.com

 

[The Heretic]

Diesel Supply Down to 25 Days But the Rockies Are in Good Shape

Americans are deeply concerned about all the food, goods, and services that are delivered by trucks fueled by diesel.

newstalkkgvo.com

 

[PORSCHE928S4]

Diesel Crisis ? How about a recall on a turbo control module that the parts are non existent ? Have you tried a 6.7L Cummins on 10 lbs of boost kinda lame lol !