Well, enough of you decided to vote for the abortion party and got fooled by the “we’ll lose our democracy!!!!!” schtick, and, y’all just need to suck it up and deal with the escalating prices. Good job, idiots
The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.
National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.
However, even as the stockpiles are being drained, the Biden administration seems to be left with very few sustainable options for long-term relief.
Unlike gas and jet fuel, demand for diesel recovered at a much faster pace from the pandemic. Diesel is used for transporting goods as well as powering construction, farming and military vehicles and equipment. (snip)
The market usually moves into “contango” — the opposite of backwardation, where demand is lower and suppliers build up inventory with the expectation of higher future prices — in the summer. However, strong domestic and international demand, shrinking domestic refining capacity and sanctions on Russian petroleum imports have kept the diesel market tight throughout the year.
So, what can be done?
If diesel inventory continues to run down without the government intervening, the impact on transportation costs for goods could drive inflation up even further.
Deese adds that the Fed has some tools to bolster diesel supply, like the Northeast Home Heating Oil Reserve, which houses one million barrels of diesel in case of a disruption in supplies.
So, digging into emergency reserves?
Experts have also pointed out that the current 25.8 days worth of diesel only represents what’s in storage — and doesn’t factor in the amount of distillate fuel being produced in the U.S. or imported here. Which means the country isn’t guaranteed to run out of diesel within a month.
But The Washington Post reports that diesel demand is so high, that if a million barrels of diesel were delivered from the Northeast reserves, they would be depleted in less than six hours.
It’s a little late, but, the government could authorize more refineries to be built. That would help. But, they idiot lefties have been destroying refining capacity for decades.
Elon Musk’s chaotic takeover of Twitter has left professional Washington amused, worried — and utterly at a loss on how to handle what was until last week the Beltway’s favorite fast-twitch communication platform.
An initiative to mobilize faith leaders worldwide to push governments to do more about climate change kicked off Sunday morning with an Israeli environmental activist smashing mock tablets of stone atop an Egyptian peak believed by many to be Mount Sinai, to symbolize the world’s failure to protect the planet.
In the last two weeks of the election cycle, as the news seemed to be getting worse and worse for Democrats hoping to avoid a historic midterm election shellacking, party leaders opted to go all in on one particular theme—that 
The cost of heating a home is expected to spike this winter as higher prices for natural gas and heating oil combine with a forecast for slightly colder weather than last winter.
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