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The Diesel Crunch Is Finally Causing Demand Destruction
The Diesel Crunch Is Finally Causing Demand Destruction Diesel inventories slumped to their lowest level for the time of the year since 1951. signs have emerged that weaker demand in the past weeks may have slowly started to rebuild diesel inventories. Refiners are processing more crude oil to capture the still high refining margins. High […]
Electricity vs Oil
Electricity vs Oil The epic battle that never was Photo by Maksym Kaharlytskyi on Unsplash In light of the diesel crisis unfolding around the globe I thought it would be worthwhile to touch upon the topic of electrification. Will EV-s be our saving grace? Can we save the climate and our modern way of life by switching to […]
Energy Aware #4: The Devil Is In the Diesel
ENERGY AWARE #4: THE DEVIL IS IN THE DIESEL Global diesel is in short supply. Analysts are concerned about diesel because it is the hemoglobin of the global economy. The world’s mines, oil rigs, construction, ships, trains and trucks run on diesel. Typically, inventories should be 30% higher this time of the year. Such low […]
Arthur Berman: The Devil is in the Diesel
Arthur Berman: The Devil is in the Diesel
Welcome to the oil death spiral
Welcome to the oil death spiral There is something deeply tragic about watching people who would be dead within a fortnight without oil nevertheless calling for oil – and fossil fuels more broadly – to be banned immediately. It is possible, of course, that these people believe that food grows inside supermarkets or that the […]
Arthur Berman: “The Devil is in the Diesel”
Arthur Berman: “The Devil is in the Diesel”
Tucker Carlson: The U.S. is about to run out of diesel fuel
Tucker Carlson: The U.S. is about to run out of diesel fuel
Why – What’s Throwing The Distillates Market Out Of Whack?
Why – What’s Throwing The Distillates Market Out Of Whack? The U.S. market for distillates has been crazy the past few months — especially in PADD 1 — and given all that’s going on, it’s likely to stay that way for months to come. Inventories of ultra-low-sulfur diesel, heating oil and other distillates are at […]
US Diesel Shortage, Code Red. Is It Time To Panic?
US Diesel Shortage, Code Red. Is It Time To Panic?
A Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023
A Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023 In my entire lifetime, global supplies of diesel fuel have never been tighter than they are right now. And that is really bad news, because the entire economy of the western world runs on diesel. If we suddenly had no more diesel fuel, […]
Fuel company issues diesel shortage warning, says conditions ‘rapidly devolving’
Fuel company issues diesel shortage warning, says conditions ‘rapidly devolving’ A major fuel supply and logistics company is raising a red flag on upcoming diesel foul shortages. Mansfield Energy issued the alert Friday stating there was a developing diesel fuel shortage in the southeastern region of the United States. The company speculated that the shortage could be generated from […]
East Coast retail diesel prices moving significantly higher than overall US hikes
East Coast retail diesel prices moving significantly higher than overall US hikes Extremely tight inventories are seen as the driving factor blowing out spreads with benchmark Gulf Coast market East Coast diesel prices are racing ahead of the rest of the country. Photo: Jim Allen/FreightWaves East Coast retail diesel prices are soaring relative to the […]
Major Fuel Supplier On “Code Red” As Diesel Crisis Hits Southeast
Major Fuel Supplier On “Code Red” As Diesel Crisis Hits Southeast Diesel supplies are very scarce across the Northeast and in the Southeast. Supplies are at the lowest seasonal level for this time of year, and the US only has 25 days left of the industrial fuel in storage. The crisis gripping the diesel market […]
Farm grade diesel shortage could threaten new crops
Farm grade diesel shortage could threaten new crops DOVER, Fla. — A tax-free diesel fuel shortage for farmers in Central Florida is threatening crops and could send prices for agriculture commodities skyrocketing by early next year. Farmers are reporting a shortage of diesel fuel from suppliers at the port, which is leading them to fuel […]
Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left
Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left For all the drama surrounding Biden’s latest Strategic Petroleum Reserve fiasco and his admin’s ridiculous idea to “stimulate” US energy producers to pump more oil because, you see, Biden promises to buy oil at some unknown point in the future […]
