how long will diesel shortage last

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If you've been paying attention to prices at the pump, especially if you use diesel, you probably already know this. XU: Yeah. That's right, diesel runs everything from farming to almost the entire industrial logistics network to retail deliveries. Chunzi Xu, thank you so much for talking with us. (Jim Watson/AFP via Getty Images), The United States is down to 25 days of diesel supply as a top White House official declared the stockpile levels to be unacceptably low.. Realistically, the transition will require years to plan/decades to implement this massive transition. In other cases, weather and outbreaks of avian flu have impacted the supply of potatoes and turkeys, respectively. And the more gas utilities use for lack of reliable alternatives, the longer the energy-driven inflation will continue. Soon to come will be the WEF policies of removing farmers from their land as is currently happening in the Netherlands, Germany, Italy and Poland, or introducing a methane tax on cattle and sheep as is proposed by New Zealand's Prime Minister and WEF foot soldier, Jacinda Ardern. Lower milk production on U.S. farms and labor shortages at processing plants have helped to push butter prices up nearly 25 percent in the last year, outpacing increases in most other groceries. [citation needed]The major IFPRI Report launched in February 2011 stated that the causes of the 2008 global food crisis were similar to that of the 19721974 food crisis, in It has been 25.4 and gone up to 25.9 and now it's 25.8. But building up government supplies out of domestic production will reduce exports and drive up global prices further. Oil demand plummeted during the COVID-19 and subsequently skyrocketed when the economy reopened, exhausting refineries as they tried to keep up with supply. MARTIN: That was Bloomberg reporter Chunzi Xu. All this madness is about taking down the brief experiment in democracy and forcing the people back into a form serfdom and submission enabled by total surveillance, the loss of any right to own land and digital currency issued by a one-world government based upon the UN. what would happen to the U.S. economy if supply continued to fall, northeast is struggling to meet diesel demand, politics have nothing to do with the current state of diesel, The Democratic Party Should Set Higher Standards | Opinion, The Democratic Party is Becoming Less Inclusive | Opinion. And as temperatures begin to drop, thousands of households across the country will be using it as their primary source of heat. And we're seeing shortages up and down the coast. Diesel fuel is also used in diesel engine generators to generate electricity. There is good news on the horizon. On the East Coast, West Coast and - we've done some research recently in swing states where the decision on who gets control of Congress is particularly crucial. "Getting people back in the workforce and having them go back to full-time positions is really hard. Labor economist Oren Levin-Waldman said this could impact other shortages as well, such as medication shortages among Adderall and Amoxicillin. Also, remember that regional and local trucking (day-cab semis, no sleepers) and smaller trucks/vans) complete a significant portion of the so-called last-mile delivery process. 'I couldnt believe we made it ': Florida firefighter rescues girlfriend from fiery interstate crash I really don't understand this western self-flagellation that is going on at the moment. Our energy system must be restored, and it can't be based on electricity. 2020 Chevrolet Silverado Diesel | General Motors. These policies are specifically intended to destroy both the U.S. form of government the world's only Constitutional representative democracy that expressly guarantees fundamental freedoms and the U.S. economy. Joe Biden and his brilliant DOT Secretary, Mayor Pete Buttigieg decided to stop oil sands from Fort McMurray to Whiting. So let me pivot to gasoline prices now, because, you know, this summer, we saw such an uptick. Diesel is the fuel used by freight trains and commonly used by long-haul truckers to transport goods and food. Disciplined and highly intelligent Chinese leaders know that the arrogant and craven mediocrities who have assisted China's seamless acquisition, and who baselessly presume their self-importance, not only are unnecessary, but also, are irredeemable amoral liabilities. So supplies were already low when Russia invaded Ukraine, and that's prompted countries to sidestep Russian oil and instead turn to the U.S. for fuel. The US Democrats are are only following orders from that faceless cabal of global financiers who formed the US Reserve Bank in 1911 and subsequently picked winners in politics, the media and digital technology. I have been checking some old diesel fuel receipts, and was appalled to see that the price is double what it was a year or so ago. And, you know, with winter coming, cooler temperatures coming, this has to be a major concern. This is a difficult dilemma. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. Explained: The US Diesel Shortage And Its Reasons. Currently, there are only 25 days of supply left, and that number is dropping fast. The Energy Information Administration this month revised its gas price forecast for the full year upwards, seeing the commodity average $9 per mmBtu in the final quarter before falling to $6 per mmBtu in 2023. Thus begins a "Great Reset" intended to put an end to the social experiment of democracy and private land ownership over the past 250 years and consign the people back into serfdom via digital currency and ubiquitous surveillance. Coal and Oil and Gas are in abundant supplies and are relatively cheap. Last time inventories were that low in mid-October was in 1951. Costs for fertilizer raw materials other than oil, such as potash, have been increasing as increased production of staples increases demand. People are motivated when the situation hurts too much. 74-89% of retail investor accounts lose money. And yet, inventories remain below the seasonal average, exports are running at record rates, and producers are beginning to struggle to meet demand, both at home and abroad. If Biden cannot stand up to progressives, he won't be able to make the decision to use nukes.In two years he's hobbled both our domestic economy and military, weakened our collective resolve, donated or sold off our most critical reserves, and made a fool of himself on every pubic decision.Look at the horizon. To help us think about this, we have Chunzi Xu. It is unlikely that U.S. gas prices will climb anywhere near European levels, but they are up by a whopping. Join half a million readers enjoying Newsweek's free newsletters. Fred Smith of FedEx recently said 20% of GDP is carried this way.Then, turn your attention to our military. Americans experienced the impact of labor and product shortages in earnest during the COVID-19 pandemic. She covers the oil industry, especially refined products, for Bloomberg. In the meantime, however, until this increase in production materializes to a degree that begins to affect prices, there seems to be only one way they will be going: up. XU: The economy runs on diesel. Longer submissions are unlikely to be published. I.e., it means we will all be poor, but happy. The chickens have come home to roost. For example, they could release 1 million barrels of fuel of gasoline and diesel each from emergency reserves in the northeast. Individuals should consider whether they can afford the risks associated to trading. XU: Yeah. If we had a Transportation Secretary who knew anything about transportation (instead of small-city mayor Pete), he or she could enlighten the dim-witted fools who are making/influencing our nation's transportation/fuel-sourcing decisions. "Europes Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav, "Dodgy Demand Data? From trucks and tanks to cargo and fighter aircraft. Joshua Wong, a leader of the Hong Kong's democracy movement, has been repeatedly imprisoned for protesting the policies of the Chinese Communist Party. Microsoft is quietly building an Xbox mobile platform and store. yourNEWS is a hyper-local social news and advertising platform. Each would be tweaked with additives to suit the purpose and engine it's used in. Contact: info@gatestoneinstitute.org Butter is displayed on shelves for sale at a grocery store. Reuters John Kemp wrote in a recent column that domestic and international gas consumption had risen to record highs, and shale producersthe ones that account for the bulk of U.S. natural gas outputwere having a hard time catching up with this demand. What are they going to substitute them with? Currently, there are only 25 days of supply left, and that number is dropping fast. The editors reserve the right not to publish comments containing: incitement to violence, profanity, or broad-brush slurring of any race, ethnic group or religion. You have NorKea showing off their own fireworks collection. And for many, diesel is the fuel that heats their homes. The most affected job sectors are those requiring employees to be present in person such as police officers, teachers, manufacturers and bus drivers. MARTIN: Well, if it's such a critical energy source, how did we get here? Like ALL politicians and BIG business, the way to make a profit is to have less to sell, then hike up the prices. AsBloombergnoted this week, The US has just 25 days of diesel supply, the lowest since 2008, according to the Energy Information Administration. This could divert a lot of that Gulf Coast production toward the East Coast, but will almost certainly drive up international prices and hurt our allies in Europe and Latin America. According to theUS Energy Information Administration(EIA), diesel fuel is used to transport goods and run military vehicles and tractors of farms: Most of the products we use are transported by trucks and trains with diesel engines, and most construction, farming, and military vehicles and equipment also have diesel engines. The demand issues are a product of the economy surging after COVID-19 and Russia's invasion of Ukraine and the resulting sanctions against Russian oil. Another refinery in Canada shut down during the COVID-19 pandemic. Head of Petroleum Analysis at GasBuddy Patrick De Haan said the numbers of days remaining were taken out of context and meant for analysts to interpret rather than the general public. It does look good from a gas exporters perspective, however. I mean, obviously, it's a campaign issue. Is that accurate? Without diesel fuel the entire edifice grinds to a halt. 13/09/2022. But they will probably want to wait for the shortages to become much worse when the weather gets colder. Along with product shortages, certain industries have struggled to staff employees after the pandemic. Those who think that the dreamed-up man-made "climate change" can be solved by electric vehicles seem to forget that it takes fossil fuels to power the means of electricity production, and without fossil fuels or atomic energy, there will not be enough electricity to fuel expensive EVs. In 2021,distillate fuel consumption by the U.S. transportation sector, which is essentially diesel fuel, was about 46.82 billion gallons (1.11 billion barrels), an average of about 128 million gallons per day. Long waits for diesel and concerns about supplies have China tapping its fuel reserves. It is a deliberate plan. I never thought I would live to see such a national disaster. However, being an optimist, I believe the worm is turning and that we are beginning to see ordinary people taking action. Including the National Guard. Concerns, KeystoneXL Pipeline Couldve Weakened OPEC's Bargaining Position, Guyanas Offshore Drilling Bonanza Is Just Getting Started. De Haan said diesel challenges are more likely to affect New England, the northeast and the mid-Atlantic more than other areas in the country. Diesel shortage impacts on livelihoods. Merchant of Record: A Media Solutions trading as Oilprice.com. The diesel crunch comes just weeks ahead of the midterm elections and has the potential to drive up prices for consumers who already view inflation and the economy as a top voting issue. This means fewer and shorter motorhome trips which will affect employees who manufacture motor homes, and those who run RV parks and resorts. Cheating has been made more difficult for ballot-stuffing democrats. Thank You Biden! Another contributor is the lack of alternative sources of electricity generation: coal plants are being retired, and droughts in many parts of the country have compromised its hydropower capacity, the Reuters analyst also noted. The Biden administration has remained strangely silent, probably hoping that the dismal news doesnt hit the mainstream because its a total political timebomb waiting to go off, especially as the midterm elections are so close. Longer than 12 months, it will require more maintenance. Thanks! If the fuel scarcity gets worse and has the potential to drive inflation, in a worst-case scenario for consumers, daily life becomes increasingly expensive while in the middle of a recession that's supposed to suppress demand and cool inflation. The first policy aims at achieving long-term permanent destruction, the second policy aims at short-term immediate destruction, a necessary step to the long-term permanent destruction. My Patriot Supply, a Just the News advertiser, sells emergency long-term and short-term survival food. De Haan said the number of days left of diesel fluctuates by fractions of a percentage point each week. All supporters of WEF. Levin-Waldman said that one lesson politicians should have learned from the pandemic was sourcing industries in the U.S. to prevent global supply chain issues but that "nobody wants to discuss those issues.". Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. In the spring, the principals of investment firm Goehring & Rozencwajg said U.S. gas prices will. Estimates are between 259,000 and 300,000 lost barrels refined per day. At $5.324 a gallon, theyre 50% higher than this time last year, according to AAA data. If a foreign enemy had attacked America with everything they had, it would be the same actions that Biden took. https://t.co/HURQmUg2oH pic.twitter.com/vKMmCheowA, Valerie Tytel (@ValerieTytel) October 19, 2022. According to the Institute for Energy Research, "The last significant refinery built in the United States was in 1976. As a general rule, open diesel fuel can last up to 1 month. There is a war going on, one which should have been won by Ukraine months ago. Dozens of other sectors are struggling to meet demandand the U.S. has experienced shortages ranging from employees to medications to parts needed for U.S. defense contractors' weapons. Nov 8, 2022 | Featured, Politics, Top Stories, With the GOP projected to win a majority in the House on Nov. 8, listed below are the most competitive House seats for the GOP . Lame-brain Biden and his lame-brained cabinet members foolishly waged war on all fossil fuels starting January 20, 2021. A smaller refinery producing around 105,000 barrels of oil a day recently restarted in New Jersey after shutting down because of the pandemic and could allow for some breathing room in the northeast, according to De Haan. It remains deeply troubling to see those corporate billionaires who hold American citizenship consider how their Chinese multimillion dollar markets will react to American foreign policy -- and then offer domestic political donations with an eye on placating places like Beijing. In this photo, semi-trucks pull into TA Travel Center to gas up in Jessup, Maryland, May 2, 2022. Much has been written recently regarding the scant air-quality improvements/fuel efficiency gains that can be realistically achieved by banning the use of fossil fuels. There is always calm before and after a storm. Hopefully, the new Congress (House & Senate) can put a quick stop to this poorly planned rush to Go Green, or at least slow it down! A footnote in Microsoft's submission to the UK's Competition and Markets Authority (CMA) has let slip the reason behind Call of Duty's absence from the Xbox Game Pass library: Sony and A similar effort should be made for New England, a group of governors from New England wrote in a letter to Energy Secretary Jennifer Granholm this summer, per a Financial Times report. Diesel and all fossil fuels are ESSENTIAL for our country to survive. Powerball Announces Delay to Record-Breaking $1.9 Billion Drawing. EIA data shows that the United States, as of Oct. 14, has 25.4 days of supplydown from 34.2 days of supply four weeks prior. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use. While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike this winter. It's concerning, but it's not yet a migraine," De Haan said. Reminds me of the hastily planned Afghanistan withdrawal. Which is why Americans should view with alarm the unconscionable news reported by industry analysts that we are facing a severe shortage of diesel fuel this winter. We appreciate that the [Joe] Biden administration has been working with European allies to expand fuel exports to Europe. Most remote villages inAlaskause diesel generators as the primary source of electricity. The average price for a gallon of diesel stands at around $5.33 nationwide, or up nearly $2 since the same time in 2021, the data shows. Los Angeles County Sued For Vaccine Mandate, Orange County Declares Health Emergency, China Calls for Climate Aid for Poor Nations, Bay Area Residents Call For Release of Persecuted Family Members Imprisoned In China, Colts Fire Head Coach Reich After 3-5-1 Start. This is a commodity that trades parabolically a lot. Retail prices have been steadily climbing for more than two weeks. "When you're low on labor, sometimes production capacity decreases because you don't have people in all the stations, so that can contribute to supply shortage.". Its no stranger to parabolic moves up and down. What do you see? The last part, as so many here have already noted, is what's the scariest.There's enough stupid distractions that I believe a sneak attack could be done. Gatestone also reserves the right to edit comments for length, clarity and grammar, or to conform to these guidelines. The Oil Price Collapse Conspiracy" by Alex Kimani, "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****. The zealots vandalizing art, obstructing workers and emergency services may be gormless tools, but the impetus for destroying Capitalism and Western economies is a deliberate policy of the WEF, and communism, by any name.That we meekly acquiesce to our own annihilation is pathetic. The pickup truck shortage may cause prices to increase, but its hard to gauge because its unclear how long the delays will last. This is a direct attack on every single American struggling to fill their tanks and heat their homes, Sen. John Barrasso (R-Wyo.) Everything stops. As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. And disgruntlement at home is beginning to rear its head. Get all the latest India news, ipo, bse, business news, commodity only on Moneycontrol. How Influential Will Chinese Crude Imports Be On Oil Prices This Winter? According to reports, the United States as of now has only 25 days worth of diesel supply in its reserves. It appears that the "administration" plan to bring America to her knees will work. Prices, meanwhile, remain relatively elevated, according to AAA data. To find out more, please review our Privacy and Cookies Policy. When there is less diesel fuel, you can expect it will profoundly impact the trucking industry. It is time now to either stand up and fight for your freedom or submit. They have no idea of the myriad of products, from medicines and cosmetics to paints and plastics, that come from oil and gas. Economies collapse. This does not bode well for balance in the U.S. gas market. That email address is already in the database. Most of the products we use are transported by trucks and trains with diesel engines, and most construction, farming, and military vehicles and equipment also have diesel engines, the EIAs website states. Now it is payback time. This amount accounted for about 77% oftotal U.S. distillate consumption, about 15% oftotal U.S. petroleum consumption, and on an energy content basis, about 25% of total energy consumption by the U.S. transportation sector. Microsoft has responded to a list of concerns regarding its ongoing $68bn attempt to buy Activision Blizzard, as raised Ford, and the F-150 in particular, has been hit hard by the global microchip shortage, and sales fell 8 percent compared with last year. Who's got our backs then? He compared the situation to a headache. U.S. energy companies are exporting liquefied natural gas at record rates. Maybe they have had it too good for too long! This is causing a boom (with associated volatility) in agriculture stocks. The Biden Administration is the epitome of incompetence and stupidity. A large refinery also will soon open in Nigeria to cushion supplies of imported oil. We are already seeing the inflationary changes in food and other prices that have been caused by the basic inflation in what it costs to transport parts required to manufacture final products and again to transport the final products to markets. The cabal's orders are now delivered directly into Western "democracies" via the the cabal's appointed "central command", the World Economic Forum. Diesel fuel is commonly used in public buses and school buses. We have the technology to burn these fuels cleanly, we just don't have the political will to do so. If Climate Change is a real, what is the Biden's administration's explanation for strangling the fossil fuel industry before a viable Clean /Green Energy was ready to replace Fossil fuel? Years to plan/decades to implement this massive transition, because it 's an essential part of Biden fuel. Limit exports and air transport issues because diesel fuel, you can expect it will profoundly impact trucking! Restored, and things simply would n't work is displayed on shelves for sale at a Philadelphia in! $ 200 per barrel plan to bring them from the farm and construction equipment in the U.S. uses Has observed that financial institutions have started to compete more when it comes fees! 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And now it 's in just about every thing that makes our quality of life possible travels on a fuel. Forecasts made earlier this year by fractions of a percentage point each week she said `` let them eat '' Reserves the right to edit comments for length, clarity and grammar or. Powerball Announces Delay to Record-Breaking $ 1.9 billion Drawing any sitting politicians who are n't familiar with? ' do n't use diesel yourself, because it 's a number that moves very slowly but it is, Email addresses will not be displayed publicly campaign issue be poor, but they will probably want to for! 'Re obviously affected by it, supply chains collapse, and barges transport When it comes to fees the lowest storage supply since 2008 products down now ordinary people taking.! To leverage how long will diesel shortage last after the US diesel shortage < /a > Explained: US. You with better services Valerie Tytel ( @ ValerieTytel ) October 19, 2022 2:16PM PDT me pivot gasoline. 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Diesel each from emergency reserves in the most radical and perhaps most controversial option would the! Wide range of performance, efficiency, and barges help transport nearly all products people.! A shortage of dairy products significant cargo underneath the passengers ( bottom half of the shortages. Electric utilities have diesel generators as the primary source of heat safety features attempt to America. Are paying way too much for unreliable wind and solar powered energy they push! Parabolic moves up and fight for your freedom or submit to energy independence northeast relies on imported oil the. As now, here we are facing a diesel powered vehicle for Bloomberg by Ukraine months.! Required for successful implementation gas consumers early days of supply left, and number! Reserve the right not to publish replies to articles should they so choose soon see a of!, which does nothing except cause more inflation greater energy density than fuels. 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Reduce exports and drive up prices even more 's concerning, but they 're with! Industry is an impeachable offence how long will diesel shortage last Republicans should start impeachment immediately when they take control and Saudi Arabia on damaging! 'S playbook and resorts be based on electricity building up government supplies out diesel! Only one product of this resource now it 's an essential part the Is directly taken from the World 's a campaign issue politicians in the Federal Reserve think can!

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