Diesel Fuel

[Mr_437]

What y'all think about this diesel fuel shortage?

 

[Runwildboys]

Hopefully they get it worked out before it spreads beyond the Southeast, and before it affects life too hard down there.

 

[terra]

first I head of it; sounds like a local or regional distribution problem, not a national one.

 

[Runwildboys]

first I head of it; sounds like a local or regional distribution problem, not a national one.

Yet. Don't forget, even if the fuel shortage is confined to the Southeast, it's going to jack up prices for anything coming out of the area.

 

[Mr_437]

Hopefully they get it worked out before it spreads beyond the Southeast, and before it affects life too hard down there.

What I've been looking at has been saying all U.S., but I don't know how it goes. The truckers don't seem worried, so I guess it's ok...just wondering if anyone had some insight.

So what's going on in the Southeast right now?

 

[Runwildboys]

What I've been looking at has been saying all U.S., but I don't know how it goes. The truckers don't seem worried, so I guess it's ok...just wondering if anyone had some insight.

So what's going on in the Southeast right now?

I'll be honest, I knew nothing about this until your thread. I'm up in New England, and while the price of diesel is high, I haven't heard anything about a shortage.

 

[Mr_437]

I'll be honest, I knew nothing about this until your thread. I'm up in New England, and while the price of diesel is high, I haven't heard anything about a shortage.

Yeah, I just heard of it today. Plenty are on Twitter talking on it.

 

[terra]

after digging around there are two reasons:

due to low demand because of the pandemic, etc several older and less efficient refineries were shut down; small ones but they add up. the second is we are no longer importing diesel and other petroleum products from Russia. One or the other we could handle with the increased demand there is now; not both.

So there are going to be price spikes and problems probably through to next summer.

 

[Mr_437]

after digging around there are two reasons:

due to low demand because of the pandemic, etc several older and less efficient refineries were shut down; small ones but they add up. the second is we are no longer importing diesel and other petroleum products from Russia. One or the other we could handle with the increased demand there is now; not both.

So there are going to be price spikes and problems probably through to next summer.

Thanks @terra. I did hear from MuthaTrucker the 25 days of diesel left was actually the reserves, which are lower than normal perhaps due to what you've mentioned. So, I don't think it's a panic situation just more price inflation across the board, even more than we've already experienced.

 

[terra]

Thanks @terra. I did hear from MuthaTrucker the 25 days of diesel left was actually the reserves, which are lower than normal perhaps due to what you've mentioned. So, I don't think it's a panic situation just more price inflation across the board, even more than we've already experienced.

Yeah just more inflation; and since so much is moved by trucks which are mostly diesel the price of everything transported goes up as well. And since all railroad locomotives are diesel, same thing.
and this time of year is when a lot of refineries are down for maintenance and switching over to winter blends makes it the worst possible time for all the rest to happen.

 

[dsturgeon]

An unplanned shortage of the lifeblood of the strongest economic powerhouse in the world is almost hard to believe

 

[Cowpolk]

Yet. Don't forget, even if the fuel shortage is confined to the Southeast, it's going to jack up prices for anything coming out of the area.

Lots of gas stations in this area are out if regular unleaded some are out of mid grade

 

[Runwildboys]

Lots of gas stations in this area are out if regular unleaded some are out of mid grade

The one I go to was out one day last week. Now it's $.19 more per gallon.

 

[dsturgeon]

Is this brought to us by the gaia worshpiers or the WEF great reset crew or both

 

[RJ_MacReady]

Is this brought to us by the gaia worshpiers or the WEF great reset crew or both

 

[Hardline]

Is this brought to us by the gaia worshpiers or the WEF great reset crew or both

LOL

 

[dsturgeon]

Not that they were related, but I heard we had 25 days left of diesel which worked out to November 21st. 'It is weird that 2 things I had heard about came out on the same day

November 21st was the "big bang cutover" for target 2, which started back in 2017, implementation or switch to digital transactions with the European central banks rtgs system, but it looks like that might have been delayed a few months for further testing

There are lots of interesting things going on

 

[lukin2006]

I did not know about a diesel shortage. That could be problematic and lead to even higher inflation. And that is terrible news for poor people, middle class and those on fixed income’s. Hopefully the issues gets resolved.

 

[terra]

I did not know about a diesel shortage. That could be problematic and lead to even higher inflation. And that is terrible news for poor people, middle class and those on fixed income’s. Hopefully the issues gets resolved.

as I said I had no clue until this thread. Our wonderful news media ignored it in favor of flashier if MUCH LESS substantial stories.
Sadly a indication of things in general where flash always triumphs over substance.

 

[Runwildboys]

as I said I had no clue until this thread. Our wonderful news media ignored it in favor of flashier if MUCH LESS substantial stories.
Sadly a indication of things in general where flash always triumphs over substance.

Most people don't realize how much diesel supply and cost affects them, so while the media will make a big story out of gas prices, they don't get as many views from stories about diesel.