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In just 25 days, the United States could potentially run out of diesel due to the Biden regime’s destructive energy policies.
There will probably be enough of it to last through the midterm election, of course – because Biden and the Democrats are desperate for a win. But after that, all bets appear to be off.
Right now, the fake “president” is draining America’s strategic emergency energy reserves in an attempt to hold back fuel inflation from going even higher than it already is. He is also promising to buy back oil “at some unknown point in the future,” one report explains, which may or may not happen.
In an attempt to buy more votes for his fellow political cronies, the Dementia King is desperately trying to cover up the fact that America’s energy future is dire. Supplies will dwindle as prices go straight up, it appears – but not until after the midterms. (Related: Back in the summer, diesel exhaust fluid (DEF) and diesel itself were not making it to Pilot Flying J fuel stations because of Union Pacific’s reduced rail shipments.)
The last time diesel supplies were this low was in 2008 before the market crash
Never before have America’s diesel supplies been as low as they currently are for this time of year. Official government data shows a major supply deficit that will soon unleash energy hell on America.
The U.S. Energy Information Administration (EIA) says the country has just a 25-day supply of diesel fuel remaining – the lowest since 2008. Inventories hit a record low at the same time that the four-week rolling average of distillates supplied – a proxy figure for demand – rose to its highest seasonal level since 2007.
“In short, record low supply (courtesy of stifling regulations that have led to a historic shortage of refining capacity) meet record high demand,” reports Zero Hedge.
“What comes next is, well, ugly (while weekly demand dipped slightly in the latest week, it’s still at highest point in two years amid higher trucking, farming and heating use).”
As the Northern Hemisphere enters the cold winter season, these facts spell hell for not only the U.S. but North America and the rest of the industrialized world.
So many systems and economic sectors are intertwined on a global scale that the loss of diesel fuel here will create a domino effect all around the world. It truly does appear as though Biden’s promised dark winter is about to arrive.
“… such low levels are alarming because diesel is the workhorse of the global economy,” writes Javier Blas for Bloomberg.
“It powers trucks and vans, excavators, freight trains and ships. A shortage would mean higher costs for everything from trucking to farming to construction.”
National Economic Council Director Brian Deese added in a statement to Bloomberg TV that U.S. diesel inventories are “unacceptably low” and “all options are on the table” to increase supplies while reducing retail prices.
The Biden regime seems unconcerned about the matter, though. All it seems to care about is keeping the house of cards propped up until the election, after which all hell could break loose.
Other than draining the country’s strategic petroleum reserves (SPR) to create the illusion that things are good enough, the Biden regime is doing absolutely nothing to try to avoid this impending nightmare scenario, which is fast approaching.
American refineries, meanwhile, are raking in record-high diesel margins from all the chaos. The profits associated with turning a barrel of crude oil into one barrel of diesel hit a record high of $86.5 per barrel recently, up about 450 percent from the 2000-2020 average of $15.7 per barrel.
Is America on the verge of an energy (and economic) collapse? Learn more at Collapse.news.
Sources for this article include:
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Democrats will inevitably force Americans out of privately-owned transportation. That is their stated goal and they will do and say anything to get there because Faith, Family, Freedom and Private Property are Socialism’s top targets for death .
All the reports on the diesel issue glaze over the fact that diesel is the same thing as #2 heating fuel oil. Used big time in the NE. This also means no heat for 5 big democratic states.
This is getting very, very ugly. This is planned and we need to be prepared. The country runs on diesel. Without it, nothing gets to market. I’m sure Jennifer granholm and Pete Buttigieg are ready for whatever’s coming.🙄 The freaking Republican leadership is in on this. Mitch and Kevin have a lot of explaining to do. They are weak and feckless. Good save us.
Black hamster will really go smash an grab
I saw the driver delivering a trailer load of diesel fuel last week to our small trucking terminal . I asked why he was so late in the day. He replied that his primary supplier would only load him with 2,500 gallons. So, he drove to another supplier where he was only able to get another 2,500 gallons. Then he drove to a third and last supplier who finished off the 7,500 gallon load. Biden and his Demos may not make it through election day before the trucks stop rolling.
I heard a farmer say there would be no diesel after August. He heard it from his supplier. He wondered how he would harvest his crops and when did we get so stupid? He was off by two months. I have not heard from him lately. I would like to hear if he heard anything lately. Very sad.
I wonder how much cake Biden has to give out to the peasants when the granaries go empty.
Never trust a man who craps his pants.