Reasons for price increases
Author: Vin Diesel
Date: 11-08-2022 - 09:29

"However, getting less discussion is that Russia accounted for a 20% share of U.S. imports of petroleum products in 2021. Petroleum products, namely unfinished oils and fuel oil, are used by the U.S. as a supplement to crude oil in the refining process. According to the EIA, a substantial share of the unfinished oils from Russia was used as a supplementary refinery input and has qualities similar to a heavier, relatively high-sulfur crude oil. These higher-sulfur oils are heavily used in the production of diesel fuels."


"U.S. refining capacity has declined in the last two years, as plants shut during the outset of the coronavirus pandemic, causing prices to spike. Several plants that closed at the onset of the coronavirus pandemic are being converted to produce cleaner-burning renewable diesel, but those facilities are not yet online."

"Additionally, this year, drought conditions throughout much of the country have led to low water levels on major waterways, such as the Mississippi River, diminishing the capacity of the waterway system, forcing more product into trucks for longer distances and increasing demand for diesel ever further. "

"The EIA projects national diesel prices to average $4.86 per gallon in fourth quarter 2022 and $4.29 per gallon in 2023. We’re going to have to hurry to see prices reach these levels."


[www.fb.org]


Gardner Goldsmith Wrote:
-------------------------------------------------------
> Is the Main Stream Media even covering this story,
> or would that make the Biden administration look
> bad?
>
> The LAST thing the MSM would want to do is make
> the Biden administration look bad.
>
> [sp.rmbl.ws]
>
> [www.cnsnews.com]
> vs-new-documentary-shows-casualties-lefts-war-coal
>
>
> Rail content: Most railroad locomotives run on
> diesel fuel.



Subject Written By Date/Time (PST)
  Here Comes the Shortage of Diesel Fuel Gardner Goldsmith 11-08-2022 - 04:23
  Re: Here Comes the Shortage of Diesel Fuel Fake news 11-08-2022 - 07:48
  Re: Here Comes the Shortage of Diesel Fuel Glenn Greenwald 11-08-2022 - 08:13
  Re: Here Comes the Shortage of Trolls..... BOB2 11-08-2022 - 08:39
  Re: Here Comes the Shortage of Diesel Fuel Bruce Kelly 11-08-2022 - 08:54
  Re: Here Comes the Shortage of Diesel Fuel Sh&(ts and giggles 11-08-2022 - 09:22
  Re: Here Comes the Shortage of Diesel Fuel Chicken Little 11-08-2022 - 13:30
  Stocks of crude oil by year Independent energy statistics 11-08-2022 - 09:00
  Re: Stocks of crude oil by year Independent energy statistics 11-08-2022 - 09:10
  Reasons for price increases Vin Diesel 11-08-2022 - 09:29
  Re: Reasons for price increases Please enough of those stupid facts.... BOB2 11-08-2022 - 09:48
  Re: Reasons for price increases angel in the outfieldmxbeu 11-08-2022 - 11:10
  A bit of aside but we may never need the Russians again Vin Diesel 11-08-2022 - 11:20
  Re: A bit of aside but we may never need the Russians again Jeff Gibbs 11-08-2022 - 11:40
  Re: Here Comes the Shortage of Diesel Fuel Beer & Pizza 11-09-2022 - 18:48
  Re: Here Comes the Shortage of Diesel Coal..... BOB2 11-09-2022 - 19:28
  Re: Here Comes the Shortage of Diesel Fuel BOOB3 11-09-2022 - 21:25
  Re: Is that what powers a troll like you? BOB2 11-10-2022 - 01:33
  Re: Here Comes the Shortage of Diesel Fuel Beer & Pizza 11-12-2022 - 19:35


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