Category: diesel shortage

LIVE 10:30 AM ET: Jiang Zemin Dies as Protests in China Grow; the Diesel Crisis Still Looms, and It’s Global

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


LIVE: Jiang Zemin Dies as Protests in China Grow; the Diesel Crisis Still Looms, and It’s Global

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


Jiang Zemin Dies as Protests in China Grow; the Diesel Crisis Still Looms, and It’s Global

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


LIVE 10:30 AM ET: Diesel Crisis Still Looms, and It’s Global; Canada Criticized for Suicide Commercial

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


LIVE 11/30, at 10:30AM ET: Diesel Crisis Still Looms, and It’s Global; Canada Criticized for Suicide Commercial

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


LIVE 11/30, at 10:30 AM ET: Diesel Crisis Still Looms, and It’s Global; Canada Criticized for Suicide Commercial

The world is facing a diesel shortage, which will raise the prices of fuel in all countries and cause a potentially dangerous lack of supplies in some. The United States’ reserves of diesel fuel have been cut down to only a month’s worth, and the increases in demand are growing faster than the supply. Meanwhile,…


IEA Warns of Diesel Demand Destruction Amid Soaring Prices

The International Energy Agency (IEA) has warned about a potential destruction of demand in the global diesel markets in its latest Oil Market Report. High diesel prices are fueling inflation and adding pressure on the global economy, according to the November report. The market was already in a deficit before Russia’s invasion of Ukraine began…


Election Day Gas Prices $1.41 Higher Than When Biden Took Office

News Analysis Average U.S. gas prices this Election Day, are $1.41 higher than they were when President Joe Biden took office, a bad sign for the Democrats as voters went to the polls for the midterms. When Biden took office on Jan. 20, 2021, the average price for a regular gallon of gas, stood at…


Biden Faces Growing Criticism for Self-Inflicted ‘Diesel Crisis’

Republicans have intensified their criticism of President Joe Biden and his energy policies for the shortage of distillate fuel oil that they’re calling a looming “diesel crisis” that will hurt American families. Data from the U.S. Energy Information Administration (EIA) show that diesel stockpiles, in October, are at their lowest level among records that go…


US Truckers ‘Barely Getting By’ as Diesel Prices Soar

American truckers are finding it difficult to make ends meet amid elevated diesel prices, with fuel shortages worsening the problem. At the beginning of 2022, the retail price of diesel in the United States was $3.61 per gallon. This has now jumped more than 47 percent, to $5.32 per gallon, as of Oct. 31. “You’re…