Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
Quote:Market economics and tight diesel fuel inventories may interrupt supply to East Coast markets, according to a Mansfield Energy report. Any supply slippage would lead to increases for diesel at the pumps, a fuel already costing an average $5.31 per gallon, according to AAA data.
Diesel fuel powers almost all of the tractor trailers that transport goods that keep the U.S. economy running. As diesel prices rise, goods shipped by trucks must pass the increased cost along to consumers in the form of higher prices. The big rigs use diesel because it is more efficient than gasoline and delivers more horsepower, which is needed to haul tons of goods up long hills.
“Poor pipeline shipping economics and historically low diesel inventories are combining to cause shortages in various markets throughout the Southeast,” the energy company said. “These have been occurring sporadically, with areas like Tennessee seeing particularly acute challenges.”
The energy company noted diesel prices rose by $1 per gallon, and Southeast supply dried up in May. Market volatility during the last few weeks has begun to echo challenges seen in April, the energy company explained.
“Like before, markets are now seeing extremely high prices in the Northeast along with supply outages along the Southeast,” Mansfield stated.
Mansfield designated the Southeast as Code Red and has requested 72 hours notice for customers scheduling deliveries to ensure fuel and freight are available at economical levels.
“In many areas, actual fuel prices are currently 30-80 cents higher than the posted market average, because supply is tight,” the energy company stated. “Usually the ‘low rack’ posters can sell many loads of fuel before running out of supply; now, they only have one or two loads. That means fuel suppliers have to pull from higher cost options, at a time when low-high spreads are much wider than normal.”
Mansfield added carriers have reported needing to visit several terminals in order to find diesel, which delays deliveries and strains local trucking capacity.
RE: Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
(10-30-2022 09:58 PM)ericsrevenge76 Wrote: More planned and created crisis for the American people.
This simply should not be happening, but it is.
More like gross ignorance in action. Having the ability to make life better for all Americans but more worried about catering to Radical Regressives no matter how many innocent folks they trample on. They simply don’t care. It still amazes me how many blacks still cast their votes for them and get nothing but rubbed raw out of the deal.
RE: Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
So now we need to swallow a poison pill to kill the economy. Sorry Greta and you soup throwing pink hairs but diesel prices affect tofu too. How many more Fettermans are going to claim they never said that when people start going hungary? Inflation, a war that should have never happened, nuclear saber rattling, oil shortages, savings drying up, terrorists walking across the border among the millions of others, and probably a hunger crisis coming up. I saw Clinton (Bill) claiming it's all scare tactics for the oncoming election. Well Bill, it all looks pretty real to me. F-this-S. These people don't have walking around sense. Straight ticket from now on.
RE: Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
(10-30-2022 06:21 PM)CrimsonPhantom Wrote:
Quote:Market economics and tight diesel fuel inventories may interrupt supply to East Coast markets, according to a Mansfield Energy report. Any supply slippage would lead to increases for diesel at the pumps, a fuel already costing an average $5.31 per gallon, according to AAA data.
Diesel fuel powers almost all of the tractor trailers that transport goods that keep the U.S. economy running. As diesel prices rise, goods shipped by trucks must pass the increased cost along to consumers in the form of higher prices. The big rigs use diesel because it is more efficient than gasoline and delivers more horsepower, which is needed to haul tons of goods up long hills.
“Poor pipeline shipping economics and historically low diesel inventories are combining to cause shortages in various markets throughout the Southeast,” the energy company said. “These have been occurring sporadically, with areas like Tennessee seeing particularly acute challenges.”
The energy company noted diesel prices rose by $1 per gallon, and Southeast supply dried up in May. Market volatility during the last few weeks has begun to echo challenges seen in April, the energy company explained.
“Like before, markets are now seeing extremely high prices in the Northeast along with supply outages along the Southeast,” Mansfield stated.
Mansfield designated the Southeast as Code Red and has requested 72 hours notice for customers scheduling deliveries to ensure fuel and freight are available at economical levels.
“In many areas, actual fuel prices are currently 30-80 cents higher than the posted market average, because supply is tight,” the energy company stated. “Usually the ‘low rack’ posters can sell many loads of fuel before running out of supply; now, they only have one or two loads. That means fuel suppliers have to pull from higher cost options, at a time when low-high spreads are much wider than normal.”
Mansfield added carriers have reported needing to visit several terminals in order to find diesel, which delays deliveries and strains local trucking capacity.
RE: Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
The $h1t is going to hit the supply chain/economic fan as we head into the holiday season. Everyone just THOUGHT it was bad before.
The Depends-Wearer-in-Chief is bringing SERIOUS PAIN to the the U.S. citizens, especially those in the northeast and upper Midwest rust belt. Start collecting firewood, folks.
TOLERATE THE LACK OF FUEL, GROCERIES, AND HEATING OIL, AMERICA. YOU VOTED FOR ALL OF THIS BULLS HIT AND BIDEN* HAS DELIVERED, LOL. NOW YOU CAN REAP WHAT YOU VOTED FOR!
STAND UP AND OWN YOUR VOTE FOR THE ALZHEIMER'S IMPACTED BIDEN* (VIA THE CONTROLLER)! EMBRACE HIS POLICIES...PERSEVERE THROUGH THE PAIN...AND THE FREEZING COLD....ENDURE IT...LIVE IT...LOVE IT.
No, we don’t need them. We have enough energy supplies to be independent. We just need the biggest Dumbazz to ever hold the office of the presidency to get out of the way. He is dead weight that keeps clogging up every pipe.
Funny how he contributed to oil profits because of its scarcity and then he is angry. Hello clown show! economics 101 supply and demand.
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[NEWS] Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’
