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Diesel takes another hit and may be driving down broader oil market
Diesel takes another hit and may be driving down broader oil market One analyst sees renewable diesel as beginning to have a major impact on world oil markets Tne benchmark diesel price dropped for the fifth straight week. (Photo: Jim Allen/FreightWaves) With the benchmark diesel price used for most fuel surcharges down for the fifth […]
Off-Road vehicles & equipment need diesel fuel
Off-Road vehicles & equipment need diesel fuel Preface. Move over semi-trucks. You are not the most important truck in the world, even though I gave you the starring role in “When Trucks Stop Running”. What really matters are the trucks that grow our fuel: Food. And mining trucks to get materials to make trucks, logging for fuel and infrastructure, […]
Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key It has recently become clear to me that heavy oil, which is needed to produce diesel and jet fuel, plays a far more significant role in the world economy than most people understand. We need heavy oil that can be extracted, […]
Struggling farmers face another challenge with diesel shortage
Struggling farmers face another challenge with diesel shortage Three generations of the Heinrich family of farmers in front of a combine that Tim, right, says can go through 150 gallons of diesel fuel on a busy day. Heinrich family As if this year hasn’t been rough enough on the agriculture community, farmers can now add […]
Gutting Germany — Part 3: Diesel
Gutting Germany — Part 3: Diesel A story of economic suicide in the face of resource depletion Photo by Jennifer Latuperisa-Andresen on Unsplash In the past two installments (here & here) we have seen how the geology driven decline in coal production in Germany has led to an increase in natural gas consumption and black coal imports. Now, that Russian […]
World’s most-crucial fuel diesel heads for shortage touching everything
World’s most-crucial fuel diesel heads for shortage touching everything Within the next few months, almost every region on the planet will face the danger of a diesel shortage Photo: Bloomberg No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives machinery for construction, manufacturing and farming. It’s burned […]
Spotlight: The Diesel Fuel Crunch
SPOTLIGHT: THE DIESEL FUEL CRUNCH PRICE OF DIESEL FUEL SETS RECORD While gasoline prices have risen 14 percent so far this year, diesel’s price has shot up by 50 percent to a record $5.35 a gallon, according to the American Automobile Association. As of 17 November, the U.S. average price of diesel was $1.61 more […]
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”
