The Country Only Has 25 Days' Worth of Stored Diesel Fuel, the Lowest Level Since 2008

I didn't realize how bad this was until I saw a Tucker monologue (linked below).

It's bad.

But Biden did manage to put off the crisis until ten days after the election.

And that's what really matters, huh?

Update:

A little bit of hype from Tucker.

It's a 25 day day supply if ALL the refineries quit making diesel. I think a piece at ZH said it could become a true national shortage in about 6 months.

But the piece also points out that worldwide diesel inventories are also at a record low.
Posted by: GnuBreed

Okay, I didn't realize that -- the amount we have on tap is only 25 days worth of diesel, assuming we make no more of it, which isn't true; we are making more of it.

But it's in very short supply and could run out. Just not in 25 days.

So as GnuBreed says, this is a hype figure from the media (and repeated by Tucker, relying on the media-- which one should never do).

But the shortage is real.

The US now has just 25 days of diesel supply -- the lowest since 2008. Here's why that's more alarming than a dwindling 'oil piggy bank'

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.

...

New England's stockpiles have been depleted to less than a third of its usual levels for this time of year, which is concerning since those states rely on fuel for heating more than other parts of the country.

The national average price of diesel as of Oct. 24 is at $5.34 a gallon -- $1.63 more than last year.

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.

"We have looked very carefully at being prepared to deploy as and when necessary," he said.

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.

If we run out of diesel, the trucks stop running. Food stops being delivered from the heartland to the cities.

That would be... so Joe Biden.

He would firmly secure his place in history as the president who presided over mass starvation, food riots, and the actual overthrow of the US government.

In very related news, the Administration struck a secret deal with the Saudis to pump additional oil through the election -- but apparently the Saudis got sick of Joe Biden's claims of being a football star and having been raised in a "Puerto Rican household."

President Joe Biden's (D) administration has repeatedly claimed, including as recently as today, that the trip the president took to Saudi Arabia over the summer had nothing to do with oil.

However, a new report from The New York Times outlined a "secret deal" that the administration had with the kingdom, which Saudi Arabia later turned on.

Biden officials began meeting with the Saudis in the spring and allegedly secured a "private oil deal" in which the kingdom would get the OPEC oil cartel to increase their output of oil by 400,000 barrels per day starting in July instead of the previously planned September.

With this "secret deal" agreed to, Biden went to Saudi Arabia. Not to negotiate an oil deal, I suppose, but to thank Crown Prince for a deal already struck.

But maybe he did not thank him enough:

When he met with Crown Prince Mohammed bin Salman, the country's day-to-day leader, the Saudis presented the administration with charts that showed that the price of oil had fallen and promised that they would increase oil production to a staggering 11 million barrels per day, which the report noted the country "had reached for only a few months in total over the past several years."

Biden's team thought they secured the deal, but Saudi officials were privately telling others that they had no plans to go through with it.

America is back, baby!

We're respected in the world again!

After learning the Saudis would not be increasing oil production, they then learned they'd be cutting it.

The administration then learned that the kingdom was going to cut production and they desperately tried to stop them, but nothing worked.

The report effectively said that the Biden administration was clueless as to why the kingdom stabbed them in the back on their "secret deal."

It's worth noting that Biden repeatedly attacked the crown prince and the country while on the campaign trail, the administration has taken a stand against Saudi Arabia in their war in Yemen, and they are working with Saudi Arabia's top enemy in the region: Iran.

Deputy National Security Council spokesliar John Kirby refuses to say if there was a "secret deal" or not.

That's a "yes."

He also insisted, WITHOUT EVIDENCE, that there was no "meltdown" at the White House over Saudi oil production cuts.

Over the summer, Peter Doocy asked this liar why Biden can only think to badger other countries into drilling more, instead of allowing US companies to drill in the US.

Kirby lied about the Fake News about the "9000 permits" that aren't being used. They're not being used because they're dry holes, Kirby.

This is scary: When asked what the Administration will do about the US running out of diesel fuel in 25 days, John Kirby has no plan whatsoever. He talks about our "European allies" -- who are also facing an energy crisis.

We're going to get diesel from people who are clear-cutting old growth forests to heat their homes?

Tucker Carlson on the coming diesel crash:

Here's that press release by Jamie Raskin, which I assume is what Tucker Carlson is referring to. Here is the language I think he's focusing on:

Moscow right now is a hub of corrupt tyranny, censorship, authoritarian repression, police violence, propaganda, government lies and disinformation, and planning for war crimes. It is a world center of antifeminist, antigay, anti-trans hatred, as well as the homeland of replacement theory for export.

Hmmm. According to Jamie Raskin, we're "antifeminist," "antigay," "anti-trans," and believers in "replacement theory."

If he wants to go to war with Russia for these ideological leanings, that means he also wants to go to war with... us, right?

Essentially he's saying: "We have to fight the MAGAts in Ukraine so we don't have to fight them here in America."

Although he obviously does want to fight us here.

Bring it on, Jamie. I'm your huckleberry.

Funny how the lefties always wanted to make peace with Russia when it was merely the Communist Soviet Union.

posted by Ace at 05:14 PM

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