It’s not gasoline that should worry us; it’s diesel

American Thinker ^ | 21 Oct, 2022 | Andrea Widburg

[MtnClimber]

America’s shelves are stocked and packages mailed because of truckers—and there’s an earthquake coming to the world of American diesel.

During COVID, trucking in America slowed, leaving many shelves empty. However, no matter the madness, there were enough truckers hitting the road for Americans to have food in their stomachs, gas in their cars, and clothes on their backs. However, in less than a month, it’s entirely possible that trucking will become too expensive for many truckers. Why? Because the real emergency isn’t rising fuel prices; it’s rising diesel prices.

This is a story that’s been on the periphery of my mind for several months now but, somehow, there was always something of more pressing importance (or, sometimes, purely amusing interest). However, when you learn that America theoretically has only 25 days of diesel left, you suddenly perk up and start taking an interest.

[snip]

According to the EIA, the US now has just 25 days of diesel supply, the lowest since 2008; and while inventories are record low, the four-week rolling average of distillates supplied - a proxy for demand - rose to its highest seasonal level since 2007.

[Mr. Lucky]

On average, 3-3.5 gallons of diesel are consumed in raising and harvesting one no-till acre of corn; even at $5 per gallon, that's less than $20 per acre.

Corn, at my local elevator, was bid at $6.60 per bushel as of Friday (close to twice what it was two years ago). At an average yield of 175 bushels per acre, fuel represents 2% of the value of an acre of corn.

[sauropod]

bkmk

[Organic Panic]

YAY Biden. An exciting transformation just yesterday for me. I had to fill up. $6.79 a gallon. What an opportunity.

[mware]

I’m a little worried about heating oil right now. Scheduled for a delivery in November. Got a quarter tank left of a 500 gal capacity tank. I’m looking at an over $2,200. bill a month before Christmas. Oh, and a $900. property tax bill due in Nov too.

[Hiddigeigei]

"I am not worried about anything this government is doing any more."
Maybe you'll start worrying when you can't feed your family or arrested for stating an opinion.

[MeneMeneTekelUpharsin]

Nope.

[mewzilla]

It's both.

Exxon selling Montana oil refinery to Par Pacific in $310 million deal

Check out the rationale...

..."ExxonMobil is focused on investing in facilities where we can manufacture higher-value products such as lubricants and u.....

Ruh roh.

[MrLucky1966]

Before Diesels took over in the 60s, big trucks, delivery vans, and farm equipment ran on LP gas. It may be time to back again.

They also had a small number of gasoline semi's too, not as good in power as diesel but worse comes to worse, they do work. Dad says that you can run diesels on kerosene, fuel oil, jet fuel, etc., although for the first one at least, you might need additives for lubricants. Maybe a gas turbine truck might not be bad too.