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Double! US Diesel Prices Rising Again (UP 100% Under Biden) As Inventories Have Shrunk By -37.5% (And You Wonder Why Inflation Is Soaring?)
Confounded Interest ^ | October 15, 2022

Posted on 10/15/2022 5:52:36 PM PDT by george76

US diesel prices doubling.

Diesel, the lifeline of the shipping industry, is UP 100% under Biden (that is, diesel prices have doubled) while the inventory of diesel fuel has declined by -37.5% under Biden.

...

And you wonder why inflation is at 40 year highs?


TOPICS: Business/Economy; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 2022election; 2024election; anwr; bideneffect; bidenflation; diesel; election2022; election2024; gas; inflation; keystonexl; oil; opec; opecplus; prices; russia; supply; supplychain; venezuela
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1 posted on 10/15/2022 5:52:36 PM PDT by george76
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To: george76

you know what... if it will help people vote Republican in a month. I will gladly accept $10 gas!

bring it on and end the evil that is the democratic party!


2 posted on 10/15/2022 5:53:55 PM PDT by TexasFreeper2009
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To: george76

Screwing Over America Better


3 posted on 10/15/2022 5:55:02 PM PDT by NWFree (Somebody has to say it 🤪)
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To: george76

I feel bad, because a lot of good people are going to be hurting more than they already are, but a lot of them voted for it.


4 posted on 10/15/2022 5:55:34 PM PDT by EvilCapitalist (81 million votes my ass.)
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To: george76

When these clowns restrict exports and we are awash in shale oil that is more like condensate and yields very little diesel and lots of gasoline and not a whole lot of anything else you will see diesel prices go stratospheric.

We rely on heavy blend oil such as Keystone would have brought in from Canada to make diesel in quantity.

We can all suffer the folly of these fools together. Happy?


5 posted on 10/15/2022 5:57:55 PM PDT by Sequoyah101
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To: TexasFreeper2009

OPEC humiliated Biden on a global stage by cutting oil production after he specifically lobbied them not to. There is no nice way of putting it - they straight-up snubbed ..

https://freerepublic.com/focus/f-news/4098980/posts


6 posted on 10/15/2022 5:58:35 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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Comment #7 Removed by Moderator

To: george76

“they straight-up snubbed ..”

They gave him a wedgie, a swirly, and a dutch oven with goats.

Then posted the video.


8 posted on 10/15/2022 6:01:29 PM PDT by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: george76

bkmk


9 posted on 10/15/2022 6:01:49 PM PDT by sauropod (Unbelief has nothing to say. Chance favors the prepared mind.)
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To: george76

Just looked up some bulk paper towels I bought on Amazon for about $41 in 2020. They’re now $79.

Double the price


10 posted on 10/15/2022 6:07:28 PM PDT by P.O.E. (Pray for America.)
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To: george76
This country runs on diesel fuel from coast to coast. Produce and all sorts of merchandise are moved by trucks fueled by diesel. Even trains are fueled by diesel.
Inflation will only continue to rise under Joey Xi Bai Dung's control.
Tighten your belts and hang on to your seats. The ride is only going to get rougher.
11 posted on 10/15/2022 6:08:14 PM PDT by Doc91678 (Doc91678)
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To: EvilCapitalist

I feel bad, because a lot of good people are going to be hurting more than they already are, but a lot of them voted for it...........

No, they are not good people. People who vote for the dung that is the Democrat party are themselves dung. They support draining our strategic petroleum reserves, they support the child molesting abomination in the White House, they support the disarmament of the American People so that we can all enjoy the pleasures of a Communist Utopia.


12 posted on 10/15/2022 6:20:58 PM PDT by Lion Den Dan ( )
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To: george76

Joker to Harvey Dent: “Look what I’ve done with a few cans of gas and a couple of bullets. And, you know what I noticed? That nobody panics when things go “according to plan.” Even if the plan is horrifying!”

Biden and the Democrats: “It’s all going according to plan...”


13 posted on 10/15/2022 6:23:55 PM PDT by Bellagio
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To: Doc91678

US exports of diesel fuel are rising. Perhaps this is contributing to the rise in diesel costs in the US. Less fuel available for domestic purchases.

https://www.washingtonexaminer.com/restoring-america/faith-freedom-self-reliance/us-diesel-exports-climb-to-record-highs

https://www.bloomberg.com/news/articles/2022-08-01/soaring-us-diesel-exports-underscore-global-fuel-vulnerability

https://oilprice.com/Latest-Energy-News/World-News/US-Fuel-Exports-Are-Draining-Domestic-Diesel-And-Gasoline-Supplies.html


14 posted on 10/15/2022 6:25:49 PM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work o)
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Comment #15 Removed by Moderator

To: george76

Used to say the cure for high prices is high prices because that causes an increase in supply. With no opportunity to increase supply, welll….you know


16 posted on 10/15/2022 6:55:24 PM PDT by griswold3 (There are no solutions; there are only trade-offs. – Thomas Sowell)
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To: george76; 4everontheRight; 4Liberty; 5thGenTexan; 45semi; 101stAirborneVet; 300winmag; ...
US diesel prices doubling. Diesel, the lifeline of the shipping industry, is UP 100% under Biden (that is, diesel prices have doubled)
while the inventory of diesel fuel has declined by -37.5% under Biden
And you wonder why inflation is at 40 year highs?

(My Comment) : The administration has no understanding nor concern for consequences of their economic actions
but rather instinctively "knee jerk" to respond immediately to the problem at hand .
Diesel fuel is the life blood of transportation and the distribution of goods, whether it is growing crops, producing fertilizer,
maritime shipping, or delivery to stores and homes.
This current situation is an intentional man-made crisis made by buffoons and stiff-necked people who were chosen based on their personal pronouns and ideology - not by competency.
Check out the chart at the news source

17 posted on 10/15/2022 7:07:37 PM PDT by Tilted Irish Kilt
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To: george76

My diesel fuel bill for 2020 was $73K.

My 2022 bill is on pace for $165K.

This is for ONE SEMI TRACTOR.

And yes, this is why everything we all buy costs a lot more.


18 posted on 10/15/2022 7:10:57 PM PDT by datura (Eventually, the Lord and the Truth will win.)
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To: Tilted Irish Kilt

100% intentional.


19 posted on 10/15/2022 7:11:26 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Lion Den Dan

I do not feel bad for all the voters who voted for bidung. They are getting squeezed by inflation just as bad and they deserve it.

I do feel bad for republicans who voted for Trump and are getting squeezed by bidung’s inflation, for no fault of theirs.


20 posted on 10/15/2022 7:41:16 PM PDT by entropy12
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