Mansfield Energy, which delivers more than three billion gallons of fuel annually in North America, said in a memo on Friday that conditions in the diesel supply market are "rapidly devolving" and that the company expects several states to experience serious effects from the shortage. The announcement comes days after the Energy Information Administration reported that diesel reserves are at their lowest level since 2008, Fox News reports:
-WiscoDave
Hand it all to pedo joe and the communists in congress who supported his agenda. How about stop delivering in dc.
ReplyDeleteSo that’s how they’re planning on getting people....
ReplyDeleteout of their diesel cars/trucks....I guess they don’t mind starving.
Ed357
Just filled up two, five gal. containers for our little farm tractor. $5.40 at our local SW Ohio Kroger. Guy next to me was a commercial landscaper and he was singin' the blues.
ReplyDeleteFear porn. Fox News took a promotional press release from Mansfield (the usual self-congratulating exaggerated hero take) and turned it into another dose of doomsday fake news. I'm an OTR driver bases in east Tennessee, if a crisis was imminent, I'd 've heard about it.
ReplyDeleteKenny, let's start a doomer pool. $5.00 to buy a date that #2 diesel stops pumping between now and June 1, 2023. I'll buy the "never" spot. If you buy the correct doom date, you win the pot.
Mike G.
That shit doesn't bode well for heating oil... $5.18/gal right now!
ReplyDeleteI can not afford a fill up at these prices, plain and simple. I currently sit at just under 3/4 of a tank. So, I have been buying 10 gallons of diesel per week and pouring it in my tank to maintain the level. More expensive per gallon for sure, but I am able to spread out the cost. I'll do it for as long as I have to.
DeleteNotice how the reports don't have dates anymore. So this here article (the nature of which Mike G correct identifies) can be repeatedly reported thereby keeping the people in a perpetual state of fear and panic.
ReplyDeleteHere's the story with today's date on it. Happy now?
Deletehttps://tennesseestar.com/2022/11/01/analyst-code-red-diesel-supply-shortage-in-southeastern-states-could-become-more-of-a-challenge/
It's interesting that Tennessee seems to be Ground Zero for this fuel shortage in every story I've read about it.
DeleteAlso interesting is that a Tennessee based OTR driver (Mike G.) isn't the least bit concerned about it.
I would say that a shortage of fuel, real or perceived, won't do anything to keep the price of that said fuel down. Which I'm sure is what the owner of Mike's truck is concerned about.
They say 28 days but I dont know how many days they normally have. Could be 29. Anyway, I will take January 23, 2023. I am good for the $5. Trust me.
ReplyDeleteIf you saw a chart of historic inventories of fuel, you would see the current situation is not good. The inventories are off the charts historically low, and the reductions in inventories began the day Joe Biden was 'elected'.
DeleteCoincidence? I think not. It's just another piece in the puzzle of how the Left will destroy America by a thousand cuts.
I am sure this is a real alert, gasoline is made from a separate crude only found in rare locations throughout the world. I just bought 2200 gallons of precious rare earth diesel for 4.69 a gallon, no problem dispatching it, and they asked if I wanted more. Some people have no clue how this works, if there was a true shortage, prices would be going through the roof. Every 20 gallons of gasoline refined leaves about 12 gallons of diesel, do you see a gasoline shortage? I think there is a cashflow problem within the dealer network, we are at point where only product that will sell quickly is being purchased.
DeletePrice is going to plummet next Wednesday or shortly there after. The power shift is coming, tighten your seat belts!
Victor
Serious question.....how the heck can we go from a full throttled economy to barely puttering along?!?!?! I mean, when Trump was in; the national attitude was "HELL YA!"
ReplyDeleteNow we can barely pull up our pants and we have to check to make sure we haven't pooped in them.
Was our economy just fake during Trumps reign? Is our economy really that delicate; that it can't weather through a demoncrat administration!??! Is our economy always going to tumble just because of a liberal dicking with it?
If our economy is THAT delicate then maybe, just maybe we need to adjust our budgeting and our spending; meaning the f***ing politicians need to learn fiscal restraint..kinda like we do when they mess with the economy.
I read on Zero Hedge bout 10 days ago that we were 25 days away from running out of diesel. I read this morning that we are 25 days away from running out of diesel. ((Can't remember the site.)
ReplyDeleteSearched diesel shortages & found a bunch of sites published same article 6 days sgo.
DeleteSo reserves are steady, just low relatively speaking.
They never share actual details like max storage is 60 days, historically we keep 55 days or whatever.
"Journalists" don't do details anymore. That would take all the fear out of the articles.
ch
High Energy costs are taxing to the poorest.
ReplyDeleteUnder Trump bottom 1/3 saw household wealth grow 40% & poverty rates to lowest ever recorded - in large measure on cheap energy. Equals lots of free cash floe/exchange, rising tide all boats effect.
joe* has stopped energy exploration/drilling while declaring war of producers & refiners.
We used to import distillates from Russia - millions of gallons (we export our pollution to places w no EPA, OSHA, insurance requirements like Venezuela where it's all run by the dictator govt.
joe would rather enrich the nullahs & dictators & commies than America & Americans First.
All by design to destroy the middle class as much as possible bc we consume too much.
Georgia Guidestones are interesting especially after blown up - the criminal & explosives investigation, site sanitizing, massive granite slabs - all done by the afternoon. Serious WTF
Anyway enjoy your cake.
ch
Notice they say "Impacting the South Eastern United States", well, I think their just basically saying Florida. And you know they don't like Florida.
ReplyDeleteI was reading a piece elsewhere yesterday about this. That article indicated that a large portion of the diesel used in the USA comes from ... wait for it ... Russia.
ReplyDeleteGet it? Russia, Russia, Russia!!! er, propaganda again.
You'd think that by now .gov would realize that we know they are lying when ever their lips are moving and yet they lie anyway, even when the truth would serve them better and they almost always get caught.
Nemo