Demand for diesel going up in California - Sept 9
Posted: Fri Sep 09, 2022 9:34 am
California's Power Grid Turmoil Spurs Diesel Demand for Generators
BY TYLER DURDEN
THURSDAY, SEP 08, 2022 - 05:00 PM
A record-setting heat wave pushed California's power grid to the limit this week as California Independent System Operator (CAISO) called for customers to limit their electricity usage or risk widespread power blackouts.
Fear of power rationing led top power consumers, such as hospitals, data centers, and manufacturing plants, to fill up their diesel storage tanks to ensure generators had enough fuel to prepare for future brownouts and blackouts, according to Bloomberg, citing fuel distributors in the state.
Read more: https://www.zerohedge.com/markets/calif ... generators
BY TYLER DURDEN
THURSDAY, SEP 08, 2022 - 05:00 PM
A record-setting heat wave pushed California's power grid to the limit this week as California Independent System Operator (CAISO) called for customers to limit their electricity usage or risk widespread power blackouts.
Fear of power rationing led top power consumers, such as hospitals, data centers, and manufacturing plants, to fill up their diesel storage tanks to ensure generators had enough fuel to prepare for future brownouts and blackouts, according to Bloomberg, citing fuel distributors in the state.
Read more: https://www.zerohedge.com/markets/calif ... generators