Diesel fuel shortage: Why is no one talking about this?

[Analbumcover]

U.S. only has just days of diesel left before supply runs out

Aside from Newsweek, Bloomberg and Tucker Carlson, this doesn't seem to be getting much press. Just in time for Christmas too.

Anyone in feeders heard anything about this?

 

[vantexan]

U.S. only has just days of diesel left before supply runs out

Aside from Newsweek, Bloomberg and Tucker Carlson, this doesn't seem to be getting much press. Just in time for Christmas too.

Anyone in feeders heard anything about this?

If true, appears to be, this is a national emergency. When food disappears from grocery shelves everyone will know about it tnen.

 

[DriverNerd]

I haven't heard about this until your post now. I agree that if this is as serious as it seems we're screwed. How can we be out of diesel fuel if we have plenty of crude to make gasoline? I couldn't find a real answer.

 

[vantexan]

I haven't heard about this until your post now. I agree that if this is as serious as it seems we're screwed. How can we be out of diesel fuel if we have plenty of crude to make gasoline? I couldn't find a real answer.

Part of the reason is refining capacity. Try building a new refinery in the U.S. The liberals and their lawyers will come at you with knives out.

 

[DriverNerd]

Part of the reason is refining capacity.

I have no doubt it's a refinery issue, but how did we all of sudden not have enough capacity to even match how much we use. Surely the oil companies that own the refineries knew about this months ago.

 

[vantexan]

I have no doubt it's a refinery issue, but how did we all of sudden not have enough capacity to even match how much we use. Surely the oil companies that own the refineries knew about this months ago.

High demand, seasonal closures for cleaning, less oil on the world market, lack of refining capacity all came together at once. Our refineries can only produce so much, the rest is made up by imports. Only there's less available elsewhere so what was available elsewhere went to those markets instead of us. Notice in the article 2 ships got diverted from Europe to our East Coast. That's possible if we pay really high.prices for it. So expect really high prices for awhile. That translates into higher costs for trucking and then for everything we have to buy like groceries. It's not widely reported because Democrats don't need another bad issue before the midterms. Just another thing that people will say if I had known about that I would've voted differently.

 

[Babagounj]

Repeal the Jones Act.

LNG could easily be transported from the Gulf of Mexico to New England causing some home heating costs to drop.
No longer would NE have to purchase LNG at international market prices.

 

[Serf]

Because it’s not true. And if we still have election integrity, you’re going to witness the largest swing in the mid terms ever. Bigger than Obama’s first term mids.

 

[bbsam]

I think there’s perspective to be had. That “25 days” is if no more was produced and came online. That’s not likely to happen.

 

[Babagounj]

The diesel market is in a perfect storm as prices surge, supply dwindles ahead of winter

Diesel prices are surging with supply at a level not seen since the 1950s and a ban on Russian refined products will lead to greater competition for the fuel.

www.cnbc.com

“The Jones Act requires all cargo transported between U.S. ports be carried on ships that are U.S. flagged and built, and mostly owned and crewed by Americans,” said Captain Adil Ashiq, United States Western region executive for MarineTraffic.
According to MarineTraffic, the 55 Jones Act tankers are being used. One way to add more supply quickly is for the Department of Homeland Security to temporarily waive the act for foreign vessels to move the fuel.

As a result of the small quantity of U.S.-owned and operated tankers available for energy transport, the price to book a Jones Act tanker is about double that of a foreign-flagged tanker. For example, a Jones Act tanker carrying 300,000 barrels of diesel from Houston to Boston costs approximately 16 cents per gallon. If the Jones Act was waived, a foreign flag tanker carrying the same amount of fuel and heading to the identical location is estimated to cost half, 8 cents per gallon. This 8-cent per gallon difference translates into a $1 million savings per tanker. This is one of the reasons why energy traders favor using foreign flag tankers versus Jones Act tankers.

Traders are diverting tankers away from Europe to the U.S. because the price of U.S. diesel is now higher than in Europe so they can make a larger profit.

 

[Lineandinitial]

I think there’s perspective to be had. That “25 days” is if no more was produced and came online. That’s not likely to happen.

Where are you getting that intel or is that what you think?
Either way, it doesn't matter. The leftists/Marxists' plan to destroy America is on-plan and building pressure.

 

[Wally]

I haven't heard about this until your post now. I agree that if this is as serious as it seems we're screwed. How can we be out of diesel fuel if we have plenty of crude to make gasoline? I couldn't find a real answer.

Refinery regs. Easier to shut down old plants. Too much red tape to build more capacity.

 

[bbsam]

Where are you getting that intel or is that what you think?
Either way, it doesn't matter. The leftists/Marxists' plan to destroy America is on-plan and building pressure.

Ok. You won’t believe any source I give so let’s just use our brains.

If we really were to run out of diesel fuel in this country in 25 days, what would shipping rates today look like? Both UPS and FedEx are looking at down volume this holiday season. Without diesel fuel, that season evaporates.

If we really are going to run out of diesel fuel in 25 days, what happens to the rail industry? Stops dead. Most all transportation does.

Doe where are these CEOs? All in on the conspiracy? I know it doesn’t tie in with your doomsday scenario, but you might just be wrong.

 

[bbsam]

Which U.S. refineries have shut since the global pandemic, and why?

Since the onset of the global pandemic, the United States has lost nearly 1 million barrels per day of oil refining capacity, with more set to be shuttered in the next few years. These are the refiners that have closed or cut capacity:

www.reuters.com

 

[vantexan]

Which U.S. refineries have shut since the global pandemic, and why?

Since the onset of the global pandemic, the United States has lost nearly 1 million barrels per day of oil refining capacity, with more set to be shuttered in the next few years. These are the refiners that have closed or cut capacity:

www.reuters.com

Now tell them how many new refineries have been allowed to be built in the last 30 years.

 

[Box Ox]

Ok. You won’t believe any source I give so let’s just use our brains.

If we really were to run out of diesel fuel in this country in 25 days, what would shipping rates today look like? Both UPS and FedEx are looking at down volume this holiday season. Without diesel fuel, that season evaporates.

If we really are going to run out of diesel fuel in 25 days, what happens to the rail industry? Stops dead. Most all transportation does.

Doe where are these CEOs? All in on the conspiracy? I know it doesn’t tie in with your doomsday scenario, but you might just be wrong.

The midterm elections are next week. Early voting ongoing. Why would the Democratic House, Senate, President, CEOs or media dare to talk about a potentially disastrous diesel shortage right now?

 

[Wally]

Now tell them how many new refineries have been allowed to be built in the last 30 years.

A few are converting to produce more expensive bio-diesel. Most likely government tax incentives are involved.

 

[Babagounj]

The midterm elections are next week. Early voting ongoing. Why would the Democratic House, Senate, President, CEOs or media dare to talk about a potentially disastrous diesel shortage right now?

Nor would they talk about the pending railroad strike, since the unions have voted down Biden's fixes.

 

[bbsam]

The midterm elections are next week. Early voting ongoing. Why would the Democratic House, Senate, President, CEOs or media dare to talk about a potentially disastrous diesel shortage right now?

Because the potential for disaster is minimal. In fact it’s borderline crazy.

Question to you. Do you see any transportation CEOs terrified of running out of diesel fuel? If so, who? If not, why not?

Also, why would the MAGA crowd be pushing such a narrative? Remember, they’re the ones who insisted Trump would be sworn in for a second term in ‘21.

 

[Analbumcover]

Question to you. Do you see any transportation CEOs terrified of running out of diesel fuel? If so, who? If not, why not?

That was my question. The fact that no one is really saying anything could either mean the administration is keeping it quiet like everything else (John Kirby said he didn't know and "didn't have the data" when asked) or it could be more Tucker Carlson alarmism.