Posted on 07/18/2022 6:19:01 AM PDT by artichokegrower
The US is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.
As much as 1.39 million barrels a day of diesel has left the US Gulf Coast so far this month, around 10% higher than the previous daily record for month set in July, 2017, according to oil analytics firm Vortexa, which began trading the data in 2016. Adding gasoline, fuel exports out of the Gulf Coast topped 2 million barrels a day in the first half of July, also a record.
(Excerpt) Read more at gcaptain.com ...
Not sure if it’s currently a supply issue, or just one local station, but our local Murphy Express was completely out of diesel yesterday. This is the Albuquerque metro area.
Madness.
Purposeful creation of scarcity.
All for the “great reset”.
What’s the tipping point? I have a fluctuating fuel surcharge paid by the consumer (Thanks) on the Bulk Ag commodities we haul. The freight keeps getting paid.
Why are we exporting when we have a critical diesel shortage in the US? We used to have an export ban. Then we lifted it. We need to pass a law restricting exports to only be allowed when domestic prices are below a certain level.
In this as in all things, America First.
Yeah, Brandon shuts down pipelines, terminates and doesn’t expand oil leases, strong-arms banks and finance companies to not lend to the fossil fuel industry and what is the result?
Are energy independent, awash in oil, and exporting 2 million bbl/day? Or do our imports exceed those exports?
None of this makes any sense.
We also need a tariff on crude imports which will make domestic oil even more lucrative to drill for.
“The bulk of US diesel exports are headed to Mexico, Brazil, Chile and Argentina.”
Why is it going there? Are these rigs owned by South American companies or are we creating shortages here on purpose? This doesn’t make sense——that’s why it seems nefarious.
So where are they all getting their Diesel Exhaust Fluid? Or is that just a US thing? Self-inflicted wounding again...
Of course, all that is being done to America is ON PURPOSE. Once you see that, it all makes sense.
We just heard of potential shortages in the Northeast a few weeks ago.
Just the commies working on that collapse the system thing.
Doesn’t China own a lot of ports in S. America?
"If you're not going to use the party this summer can we borrow it?".
McConnell is our McClellan.
Why is it going there?
We are repaying them for their gifting us with their hordes of welfare-hungry gold-chain-wearing leeches crashing the Southern border. Dontcha' know, there's no such thing as a free lunch.
Capitalism eventually turns to corruption. Just can’t resist being greedy.
People who heat with oil should expect their costs to double.
The only bright side is that this should hit just before midterms and drive the dems approval rating further south.
The world wants increased supply...lower prices. Hmmm... does Granholm know about this?
Another Democratic success story in spite of Putin .. Bwhahahahaha
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