Posted on 10/09/2021 5:37:12 AM PDT by justlittleoleme
The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades.
Inventories of distillates -- used as diesel for both transportation and heating oil -- are enough to meet 31.2 days of demand, according to the Energy Information Administration. That’s the tightest it has been for this time of the year since 2000.
The dwindling supplies raise the specter of energy shortages and price spikes in the U.S. this winter -- at a time when the rest of the world has already been upended by fuel shortages and blackouts. They also underscore how the economic rebound from the Covid-19 pandemic, a surge in demand for virtually all goods and an ensuing trucking boom are now colliding with volatile energy markets, threatening to raise the cost of fuel for homeowners, farmers and truckers.
The diesel balance won’t be as bad as the gas crisis in Europe, Suzanne Danforth, an analyst at Wood Mackenzie Ltd., said in a phone interview. “But it’s going to be tight, very tight.”
Nymex diesel futures are trading near $2.45 per gallon after jumping to a seven-year high earlier this week.
The tightness is largely the result of the freeze in Texas in February that took down 18 refineries. As much as 5.5 million barrels a day of processing capacity were taken offline by the arctic temperatures, causing a drawdown of gasoline and diesel inventories.
(Excerpt) Read more at houstonchronicle.com ...
And the windmills will stop spinning and the solar panels will be blacked out...Yeh...these solutions are worth sh**.
Canada invokes 1977 treaty with US as dispute over pipeline intensifies
Jennifer Granholm is dangerous. Very dangerous.
I distinctly remember news reports in the early days of Obama’s presidency how he kept the White House turned up to Hawaii-like temps during the winter.
https://www.foxnews.com/politics/obama-getting-heat-for-turning-up-the-oval-office-thermostat
Locally, the price of diesel rose $.25 overnight
Wood is your friend.
This will be the winter of Joe Biden’s discontent.
If this doesn’t wake up the woke idjits who voted for Biden, and if it doesn’t wake up the state idjits who allowed the cheat, nothing will.
And there will be civil war. The citizenry will not tolerate having their nuts frozen off.
The vote on Nov.3, 2022 will be interesting, because it will dictate whether there will be open war in responce to the war being waged by Biden and his Marxist administration on the States and The People.
No problem for me, my cars run on gasoline.
And he probably kept it like a meat locker in the summer.
That’s the funny thing about ghetto trash when someone else is paying the bills...they like to keep it at 80F in the winter and 65F in the summer.
The trucks that deliver the gasoline run on diesel ...
And all through those years, they will have “0” impact on the climate.
I’m more ready for a prolonged blackout this year. I did ok with the Texas winter blackout this past Feb, but was a little short on a few items. Not this time.
“If this doesn’t wake up the woke idjits who voted for Biden, and if it doesn’t wake up the state idjits who allowed the cheat, nothing will.”
The California recall was the first indication the loyal democrats, the young woke leftists, and the dependency vote will not shift, no matter how bad things get. As long as the safety net is intact and growing at least 40% of the voters will vote a straight “D” ticket.
The upcoming Virginia election will show if independents and traditional moderate Democrats are feeling the pain enough to vote R. It will also be an indication of what voter fraud may look like in the 2022 elections, particularly with chain of custody and absentee ballots.
It may be we have already reached the tipping point where gerrymandering, dependency, racial division, and fraud will result in a permanent Democrat majority. From the 1930’s to the 1990’s Democrats controlled Congress because so many Americans voted for the party of Roosevelt instead of examining the candidates and issues.
The lowest recorded temperature EVER where I live is 45 degrees. I won’t freeze either.
Good analysis. Concur.
Nice. Enjoy as long as you can. I’m sure they have a plan to ban fireplaces to save the earth.
I pray your are in error, for if not, it means civil war.
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