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“Diesel To Be Rationed On East Coast This Summer,” Warns US Oil Billionaire
“Diesel To Be Rationed On East Coast This Summer,” Warns US Oil Billionaire Billionaire refinery and fuel station owner John Catsimatidis warned that the East Coast might experience diesel shortages this summer as inventories hit multi-decade lows and refining capacity slumps. “I wouldn’t be surprised to see diesel being rationed on the East Coast this summer. […]
Major Trucking Firms Prepare For “Imminent Diesel Shortage In Eastern Half Of US”
Major Trucking Firms Prepare For “Imminent Diesel Shortage In Eastern Half Of US” Major trucking fleets across the eastern half of the US are preparing for an “imminent” diesel shortage, according to logistics firm FreightWaves. Founder and CEO of FreightWaves Craig Fuller said “3 very large fleets” are preparing for diesel pumps at fuel stations to run […]
Widespread US Diesel Shortages Send Crack Spreads To Mindblowing Highs
Widespread US Diesel Shortages Send Crack Spreads To Mindblowing Highs Global stocks of refined petroleum products have fallen to critically low levels as refineries prove unable to keep up with surging demand especially for the diesel-like fuels used in manufacturing and freight transportation. The result has been a surge in prices refiners receive for selling […]
U.S. East Coast Diesel Supply Is Running on Fumes
U.S. East Coast Diesel Supply Is Running on Fumes The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New York harbor is the home of Wall Street and financial wizardry, but it’s also the place where old-school oil traders still buy and sell refined petroleum products the […]
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
Why every American should care that diesel prices are surging across the country
Why every American should care that diesel prices are surging across the country The cost of diesel fuel impacts truckers and the entire economy. (Photo: JIm Allen/FreightWaves) Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging […]
Diesel In ‘Crisis’ Mode As Prices Break Records
Diesel In ‘Crisis’ Mode As Prices Break Records Diesel prices, the lifeblood of industry, have hit a record $5.16 per gallon, trending $1 per gallon higher than gasoline prices, with inventory shortages adding severe pressure and resulting in inflated prices for consumer goods. “While gasoline prices get much of the attention, diesel, which broadly is […]
NATO Sanctions and the Coming Global Diesel Fuel Disaster
NATO Sanctions and the Coming Global Diesel Fuel Disaster Amid the ongoing global inflation crisis, NATO heads of state and mainstream media repeat a mantra that high energy prices are a direct result of Putin’s actions in Ukraine since end of February. The reality is that it is the western sanctions that are responsible. Those […]
Rationing Looms As Diesel Crisis Goes Global
Rationing Looms As Diesel Crisis Goes Global Russian refiners cut processing rates of diesel fuel. Already tight diesel supply is getting even tighter. Vitol’s chief executive Hardy: diesel supply shortage could trigger rationing in Europe Earlier this week, Vitol’s chief Russell Hardy warned that a diesel shortage could trigger fuel rationing in Europe. Now, those […]
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders While the world has been obsessively focused on crude oil and gasoline in recent weeks, we instead alerted readers to a far more dire scenario playing out in diesel, a source of energy which is absolutely critical in keeping […]
Why liquefied coal (CTL) and natural gas (GTL) can’t replace oil
Why liquefied coal (CTL) and natural gas (GTL) can’t replace oil Preface. Here are just a few of the reasons why we aren’t likely to convert enough coal to diesel to matter as oil decines (see Chapter 11 Liquefied Coal: There Goes the Neighborhood, the Water, and the Air for more details on this in When Trucks […]
China Rations Diesel Amid Nationwide Fuel Shortages
China Rations Diesel Amid Nationwide Fuel Shortages
China Rationing Diesel
China Rationing Diesel China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up […]
Australia’s diesel imports on record high Update June 2021
Australia’s diesel imports on record high Update June 2021 Australia’s monthly diesel imports reached a record of 2,360 ML (495 kb/d) in June 2021. While it is common for imports to vary from month to month there is a long term increasing trend. This is caused by diesel consumption on a continuing growth path while […]
Demand for Gasoline, Jet Fuel, and Diesel: Checking on the Recovery
Demand for Gasoline, Jet Fuel, and Diesel: Checking on the Recovery Watching for the EV drag on gasoline demand requires a lot of patience. Gasoline consumption in the US during the four-week period through February 5 was down by 10.1% from a year ago to 7.89 million barrels per day (mb/d), according to EIA data. […]
