Diesel prices set record today

Diesel and aviation fuel are both made of sour/heavy crude, of which America produces almost none. We are stealing from Venezuela but its production is way down because of decades of sanctions choking investment, It will take many years to get it up and running even if America is allowed to continue controlling the country.

Both are in global shortage thanks to the Demoic Empire's wars on Iran and Russia.
 
What is it in your area?
the highest I saw today was $5.95 a gallon and still going up.
I dont know but I know that Trump and the rest of the Epstein class was warned the manipulation of oil prices would if the supply chain was not very quickly fixed (it has not been) lead to shortages and massive price increase.....more than we would have had if the markets had been allowed to function......because what should have happened was price increases leading to demand destruction.

The price was rigged low (who paid for this operation we dont know, but it was expensive) so people kept on using.....so we run out faster and harder.

"You can not print oil" is something I have been hearing....eventually you run into reality.
 
Trump in his dementia and general ignorance got to "We have plenty of light crude, and we are stealing Venezuela's heavy crude....we will be fine....fuck everyone else".

NOPE.
 
The fact that the Demonic Empire is attacking Russian oil production, refineries and shipping makes it all worse of course.......they used to supply something like a third of the global diesel imports because they have the right kind of oil and invested in refineries.
 
Nic

@puckrin


Diesel crack spread have officially broken all time highs.US refiners, the world's largest diesel exporters, are postponing maintenance to maximise output.Bear in mind the average age of a refinery in the US is 60 years!Either they shut down for maintenance or they break.Whatever it is, the impact on diesel prices will be severe.Higher for longer.
 
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