The pickup truck shortage may cause prices to increase, but its hard to gauge because its unclear how long the delays will last. Clear-headed visionaries are needed to guide this nation through an energy transition of the magnitude required for successful implementation. My Patriot Supply, a Just the News advertiser, sells emergency long-term and short-term survival food. 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. XU: The economy runs on diesel. The United States government is going to purchase oil to refill the Strategic Petroleum Reserve when prices fall to $70 a barrel, Biden said last Wednesday. That will come. This is causing a boom (with associated volatility) in agriculture stocks. Gasoline and jet fuel demand evaporated overnight. Its no stranger to parabolic moves up and down. Severe drought conditions also have decreased the supply of rice, winter wheat, tomatoes and olive oil, according to a recent report by Money Talks News. Unless we are able to change the direction caused by bad economic policy and---especially---our energy production and distribution, we will sink into a vast ocean of Leftist/Eco-nazi incompetence. That sort of price increase affects everything along the supply chain that involves electricity produced using gas, sending ripples across the economy. The over-the-road segment of the trucking industry (sleeper-equipped diesel trucks) transports approximately 80% of all long-haul consumer and industrial products and goods. And that will shift more of the burden of global supply onto U.S. refiners. Maybe they have had it too good for too long! And particularly on the East Coast, where supply is tightest and most reliant on foreign imports, the risk of actually running out of fuel is higher than ever because stockpiles in the region have been at record lows since April for diesel and a decade low for gasoline. Note: Gatestone appreciates your comments. It may go away, or it could worsen.". "There is nothing Biden can do short of going to the refineries to work there himself," De Haan said. We use cookies to understand how you use our site and to improve your experience. And the more gas utilities use for lack of reliable alternatives, the longer the energy-driven inflation will continue. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. 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. Start Trading CFDs Over 2,200 Different Instruments, Ukrainians Face Weeks Of Emergency Energy Shutdowns, The Federal Reserve's increasingly hawkish. Currently, there are only 25 days of supply left, and that number is dropping fast. A hotter-than-expected summer and a lack of alternative energy sources have left U.S. inventories below the seasonal average. Why this shortage? But it doesn't stop there. Americans might soon see a shortage of dairy products. The chickens have come home to roost. And will we see something like this happen to gasoline? People are unable to fill up their tanks. Reminds me of the hastily planned Afghanistan withdrawal. As a transportation fuel, diesel fuel offers a wide range of performance, efficiency, and safety features. MARTIN: So can I just start off with a basic question for people who aren't familiar with this? And they confirm, to an extent, forecasts made earlier this year. Taking from @JavierBlas: US has just 106 million barrels of diesel stockpiles. Wowak said if products that have a short shelf lifelike butterare caught in transportation delays, suppliers might have to toss the items when they do arrive because of the expiration date. Our energy system must be restored, and it can't be based on electricity. Outrageously, Bidenthinks he can cure the government-caused crisis by issuing yet another Presidential "executive order." Remember what happened to a certain French woman when she said "let them eat cake"? MARTIN: That was Bloomberg reporter Chunzi Xu. Commenters' email addresses will not be displayed publicly. And suppliers are rationing fuel and initiating emergency protocols. Unfortunately the left and green politicians in the whole Free World artificially create energy shortages and energy insecurity. They have no idea of the myriad of products, from medicines and cosmetics to paints and plastics, that come from oil and gas. The move came afterthe International Organization of Petroleum-Exporting Countries (OPEC+) announced that it would cut oil production. He compared the situation to a headache. Another refinery in Canada shut down during the COVID-19 pandemic. Currently, there are only 25 days of supply left, and that number is dropping fast. While Biden rants that Republicans want to destroy democracy, it is he and his ilk who are doing everything in their power to bring America to its knees so they can reshape it into another failed Socialist state. There is good news on the horizon. from a few years ago when gas was cheap because it was abundant. Commerce stops. During World War II, the Allies' aerial assault on the Nazis did not begin to have the strategic means to bring the enemy to its knees until Germany's oil reserves were destroyed and it was unable to refuel its tanks. Truckers fuel up their trucks with diesel at the Loves Truck stop. Diesel fuel also has a greater energy density than other liquid fuels, so it provides more useful energy per unit of volume.. Without diesel fuel this country does not move. And why is that? For many of us we have watched the politicians and police, those who are supposed to act for the common good, abdicate their responsibility and duty and we, the people, will start to take charge. Then, as now, destroying the energy infrastructure of an adversary can bring about the destruction of a nation. Geniuses in the Federal Reserve think they can fight inflation by printing more money, which does nothing except cause more inflation. Does the administration have any options here? In this photo, semi-trucks pull into TA Travel Center to gas up in Jessup, Maryland, May 2, 2022. 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. Is that accurate? Phillip, I agree with you. For starters, vote to begin throwing the bums out/holding them accountable. 74-89% of retail investor accounts lose money. Join half a million readers enjoying Newsweek's free newsletters. You know, it was a big story. 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. Keep up the good work. It is unlikely that U.S. gas prices will climb anywhere near European levels, but they are up by a whopping 300 percent from a few years ago when gas was cheap because it was abundant. How long did the 2000 fuel shortage last? Many industrial facilities, large buildings, institutional facilities, hospitals, and electric utilities have diesel generators for backup and emergency power supply. If a foreign enemy had attacked America with everything they had, it would be the same actions that Biden took. And so we're in a situation where supplies are so tight that some terminals on the East Coast have started to run out of fuel. 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. My assumption is correct there? What Happens During a Diesel Fuel Shortage? Just about every thing that makes our quality of life possible travels on a diesel powered vehicle. 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. Get the latest health news, diet & fitness information, medical research, health care trends and health issues that affect you and your family on ABCNews.com 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. Understandably, we have been focused on the price of gasoline, but it is diesel that actually runs America. XU: Yeah, that is accurate. Chunzi Xu, thank you so much for talking with us. XU: Yeah, prices have eased from record highs this May and June, but they are still much higher than they were a year ago and very high for election season. The last straw may have been comments Cross made as a guest on Charlamagne Tha God's Hell of a Week show on Thursday, sources told the New York Post. Explained: The US Diesel Shortage And Its Reasons. Not only do the higher oil prices mean that transporting goods will cost more, but there will also be long lines at the truck stops. 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. Copyright 2022 [your]NEWS Media Group, Inc | Send comments, questions or complaints to: [emailprotected] | Site by KO | Beta v3.01, Copyright 2022 [your]NEWS Media Group, Inc, Send comments, questions orcomplaints to: [emailprotected]. Private funding of government election offices has since been made illegal, at least in 24 states. by Lloyd Chitsulo. Individuals should consider whether they can afford the risks associated to trading. U.S. energy companies are exporting liquefied natural gas at record rates. The Permian contributes another 12 percent of the U.S. total gas output, and the rig count in the Permian has been down for two weeks in a row, according to the latest data. 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. And that could help the region in a pinch. 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. 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.". "Europe is trying to find alternative sources and are competing for barrels with the northeast and mid-Atlantic," De Haan said. The construction industry also depends on the power diesel fuel provides. If you can't see that COVID-19, and all it "gain of function" variants yet to come were/are and Climate Change have become pretexts for all the madness we are now experiencing you have not been looking. by Lawrence Kadish You have NorKea showing off their own fireworks collection. Biden is strangling the US. As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. It comes as the Biden administration recently announced it would release another 15 million barrels of oil from the U.S. Strategic Petroleum Reserve, part of the 180 million Biden authorized in March, that Republicans say is a bid to keep Democrats politically afloat ahead of the midterms. If you have treated the fuel with biocides and stabilizers, it will last 12 months. Ford and General Motors have warned investors that the chip shortage may reduce their earnings by over a billion dollars. Is that correct? Now it is payback time. Insist that you political candidates state after nomination, and 30 days before any election, state on the record whether they have had any affiliation with the WEF. 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. The increased ability to work remotely is driving a labor shortage in other sectors. In short, yes there is a fuel shortage in the UK, with diesel particularly badly affected. 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! It appears that the "administration" plan to bring America to her knees will work. Diesel fuel is also used in diesel engine generators to generate electricity. So do they have any options here? Joshua Wong, a leader of the Hong Kong's democracy movement, has been repeatedly imprisoned for protesting the policies of the Chinese Communist Party. How such "gurus" as Schwab receive any recognition from the Press or financial world is baffling.Makes me want to go to the barn and do some more reloading. It's concerning, but it's not yet a migraine," De Haan said. To find out more, please review our Privacy and Cookies Policy. By 2030 I will be 93 years old (if I live that long), and I definitely will NOT be happy under his idea of "equity." AsBloombergnoted this week, The US has just 25 days of diesel supply, the lowest since 2008, according to the Energy Information Administration. And diesel is so deeply embedded in American life that its consumption is often seen as a barometer of the country's overall economic activity. And as temperatures begin to drop, thousands of households across the country will be using it as their primary source of heat. And again, the lack of refining capacity, a summer of drawdowns - suppliers were unable to build up supply because of a backward-dated market structure that incentivizes people to sell now instead of holding on to fuel. The 'Greens' don't have the monopoly on reducing pollution! Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. Even if you don't use diesel yourself, you're obviously affected by it, right? And, you know, with winter coming, cooler temperatures coming, this has to be a major concern. The U.S. diesel shortage is worsening as distillate inventories crash to multi-year lows. All rights reserved. By making false claims that fossil fuels are creating climate change, the left and green politicians deceive the public. And I don't think much of General Austin either.All that's missing is a natural disaster. Long waits for diesel and concerns about supplies have China tapping its fuel reserves. Most remote villages inAlaskause diesel generators as the primary source of electricity. According to reports, the United States as of now has only 25 days worth of diesel supply in its reserves. 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. Nov 8, 2022 | Featured, Politics, Top Stories, U.S. A 1983 interview shared by government whistleblower Edward Snowden where a CIA agent candidly explains how intelligence agencies use mainstream media to propagandize the public. Think of the other industry segments (agriculture, construction, mining, trains, etc.) Even though facts, truth, etc. And this matters even if you don't use diesel yourself, because it's an essential part of the supply chain. This includes personalizing content and advertising. And for many, diesel is the fuel that heats their homes. Supply shortages could have a grim outlook. 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. As the shortage of truck drivers continues, there may be a real threat of a gasoline shortage as well. Oil prices and President Joe Bidens continued draining of the Strategic Petroleum Reserve (SPR) have dominated the headlines over the past few weeks, but analysts say a more impactful and serious crisis on the energy front looms: a diesel fuel shortage. They noted something few other analysts tend to mention: the concentration of much of U.S. gas production in a handful of fields, with just twoMarcellus and Haynesvilleaccounting for as much as 40 percent of the total. Meanwhile, on the demand side, electricity generation in the United States is seen reaching a record high this year, Kemp noted in his column, driven by the post-pandemic economic rebound. That's because right now, the U.S. is experiencing one of the biggest shortages of diesel since 2008. Oil prices and President Joe Bidens continued draining of the Strategic Petroleum Reserve (SPR) have dominated the headlines over the past few weeks, but analysts say a more impactful and serious crisis on the energy front looms: a diesel fuel shortage. 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. European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe. That doesn't mean we are going to run of fuel in 25.8 days unless every single refinery shuts down overnight, which is never going to happen. A large refinery also will soon open in Nigeria to cushion supplies of imported oil. Let's hope for some good results in the mid-term election. 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. Labor economist Oren Levin-Waldman said as employees transitioned to remote work during the COVID-19 pandemic, they might hesitate against returning to the office for jobs that required them to be physically present. Northeastern states are struggling to meet diesel demand. In this case when people are paying way too much for unreliable wind and solar powered energy they will push back. 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. I really don't understand this western self-flagellation that is going on at the moment. 13/09/2022. 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. Not the fossil fuel, but the left and green policies and the so called renewable energy sources are the danger. They carry significant cargo underneath the passengers (bottom half of the tube). De Haan said the number is a national number, and certain areas of the country have tighter supplies of diesel than others. Plasticrelated chemicals impact wildlife by entering niche environments and spreading through different species and food chains. Possible to Have Free Speech and No Disinformation? GamesRadar+ takes you closer to the games, movies and TV you love. "It's a headache. Coal and Oil and Gas are in abundant supplies and are relatively cheap. This is a difficult dilemma. That sort of price increase affects everything along the supply chain that involves electricity produced using gas, sending ripples across the economy. Longer submissions are unlikely to be published. Gatestone also reserves the right to edit comments for length, clarity and grammar, or to conform to these guidelines. Russia's invasion of Ukraine has elicited sanctions against Russian imported oil, and the Energy Information Administration (EIA) oil metrics show only 25 days of diesel remain in storage.