If Joe Biden has anything to say about it, most of the supply will go to Europe.
So $5/dozen eggs are just the beginning?
Well, if you voted for biden and dimocraps, this is your doing.
Diesel is a commodity in a global market.
If Europe doesnt buy from Russia, then others will buy from Russia as deliveries from elsewhere shift to Europe.
This is like a waterbed. Press down in one spot and the rest rises.
The real problem is if you take supply out of the system. Thats whats already going on in the US. From this year on US refiners are unable to produce as much as they did.
This will affect the global market, almost equally everywhere, after things adjust. Its possible that other nations refiners will be able to make up the difference, but we can only wait on that.
But at least we’re sticking it to Vlad... that’s what matters most.
This is not going to be pretty as it lowers the FED’s effect on inflation.
This won’t go well, expect the worst.
This administration couldn’t handle baby formula.
Biden promised he would end the fossil fuel industry. That’s what we’re seeing happen.
I spent 2 days stocking up, just in case
“Another Dark Winter of Death! Brahhhhhahaaa!” —Go Brandon
"..Diesel prices have increased by 33% for November deliveries. “The national average price for diesel today is $5.30 per gallon and is expected to go up 15 to 20 cents in the next few weeks,”
said Andy Lipow, president of Lipow Oil Associates, LLC.
"Reserves for diesel this time of year have not been this low since 1951, with the greatest shortfall in the Northeast region including New York and New England."
In our capitalistic economy, what doesn't depend on a secure and adequate diesel supply ?
The current "War on Petroleum" doesn't have any alternative energy during or while going through the 'transition'.
Diesel is a petroleum distillate, and as I understand it, there hasn't been a new petroleum refinery constructed in the USA since 1971
We're in for a world of hurt due to man made politics !
Biden emptied our oil reserves, much of it going to China as kickback, he stopped the pipelines, curtailed oil production, forced oil prices through the roofs. It’s time Biden is charged with treason, as we struggle to survive a winter due to his sellout of the US.
“If the [Brandon] administration wants to replenish New England gasoline or distillate inventories at the expense of exports, they need to waive the Jones Act for refined products loading on the Gulf Coast for delivery to New York, New Jersey, and New England,” Lipow said. “Unfortunately, I don’t think they will do it until it is too late.”
Brandon and Crew are well aware of this. This is their PLAN Fer Pete’s Sake! *SPIT*