DEF Shortage will make Diesel shortage worse - July 2
Posted: Sat Jul 02, 2022 9:07 am
As I have been telling you in my weekly podcasts and newsletters for several months, the U.S. has a serious diesel shortage.
Diesel is a large percentage of the refined products known as "Distillates".
On June 29th the EIA reported that our distillate inventories are 20% below normal for this time of year. That is bad enough, but now we have a shortage of "Diesel Exhaust Fuel" (DEF) that could significantly impact diesel prices and cause fuel rationing. Our supply chain problems cannot be solved with large trucks and equipment that runs on diesel.
Read this: https://www.newsweek.com/diesel-exhaust ... 6503?amp=1
We have a shortage of heavy oil in the U.S. Refiners need heavy oil to make diesel. This is why the Keystone XL pipeline needed to be completed, because Canada can supply us with heavy oil. We also need to fix the problems in Venezuela.
My FEAR is that this problem is beyond the intelligence level of Team Biden.
Diesel is a large percentage of the refined products known as "Distillates".
On June 29th the EIA reported that our distillate inventories are 20% below normal for this time of year. That is bad enough, but now we have a shortage of "Diesel Exhaust Fuel" (DEF) that could significantly impact diesel prices and cause fuel rationing. Our supply chain problems cannot be solved with large trucks and equipment that runs on diesel.
Read this: https://www.newsweek.com/diesel-exhaust ... 6503?amp=1
We have a shortage of heavy oil in the U.S. Refiners need heavy oil to make diesel. This is why the Keystone XL pipeline needed to be completed, because Canada can supply us with heavy oil. We also need to fix the problems in Venezuela.
My FEAR is that this problem is beyond the intelligence level of Team Biden.