A diesel fuel shortage is spreading across the eastern United States as one company has launched an emergency delivery rule. Mansfield Energy is now requiring a 72-hour notice for deliveries to obtain freight and fuel “because conditions are rapidly devolving,” the firm told customers, according to Bloomberg News. Fuel prices are running 30 to 80…
Diesel Shortage Spreads Across East Coast as Goldman Sachs Issues Warning
Diesel Supply at Only 25 Days, Biden Admin Response ‘Not Helping’ Says Analyst
The United States maintains only 25 days of diesel supply, the lowest since 2008, according to recent data from the Energy Information Administration (EIA). This is down from 34.2 days in the previous four weeks. Total national stockpiles stand at 106.187 million barrels, down approximately 34 percent since Biden took office. EIA numbers confirm that…
Diesel Supply at Only 25 Days; Biden Admin Response ‘Not Helping,’ Analyst Says
The United States maintains only 25 days of diesel supply, the lowest since 2008, according to recent data from the Energy Information Administration (EIA). This is down from 34.2 days in the previous four weeks. Total national stockpiles stand at 106.187 million barrels, down about 34 percent since Biden took office. EIA numbers confirm that…
US Has Only 25 Days of Diesel Supply as Shortage Could Cripple Economy
The United States is down to 25 days of diesel supply as a top White House official declared the stockpile levels to be “unacceptably low.” Data provided by the Energy Information Administration (EIA) show that diesel stockpiles are at their lowest level for October in records dating back to 1993, according to a Bloomberg News…
US Has Only 25 Days of Diesel Supply; Shortage Could Cripple Economy
The United States is down to 25 days of diesel supply as a top White House official declared the stockpile levels to be “unacceptably low.” Data provided by the Energy Information Administration (EIA) show that diesel stockpiles are at their lowest level for October in records that date back to 1993, according to a Bloomberg…
Diesel Back Above $5, Gas Prices Continue to Rise as ‘Ugly Inflation’ Returns
Gas prices again are on the rise in the United States after months of volatility, and are expected to increase further over the next few weeks as “ugly” inflation returns, industry experts have said. Patrick De Haan, senior energy analyst at Gas Buddy, noted in a statement on Twitter late Sunday that gas prices are up $0.133…
Researchers Retro-Fit Diesel Engine With Hydrogen Hybrid to Cut Emissions
Researchers at the University of New South Wales in Sydney have successfully retrofitted a diesel engine to run as a hydrogen-diesel hybrid, cutting down C02 emissions by around 85 percent. The move comes as part of a wider push for governments to electrify their nation’s transport networks as part of the net-zero movement. The team,…
Pipeline Break Spills 45,000 Gallons of Diesel in Wyoming
BILLINGS, Mont.—A diesel pipeline in Wyoming owned by a company that’s being sued by federal prosecutors over previous spills in two other states cracked open and released more than 45,000 gallons (205,000 liters) of fuel, state regulators and a company representative disclosed Friday. Cleanup work is ongoing from the spill that was discovered by the…
White House Confirms It’s Monitoring Looming Diesel Crisis, Says It Will Take Action
The White House could soon tap the nation’s emergency diesel reserve as part of the administration’s efforts to address a critical supply crunch. Diesel prices have spiraled out of control in energy markets this year. President Joe Biden is monitoring diesel supplies and might begin weighing the release of supply from the 22-year-old Northeast Home…
Diesel Crisis Looms as US Supplies Running on Fumes
Diesel prices have spiraled out of control in energy markets this year. A gallon of diesel on average costs $5.554, up 75 percent from a year ago and just short of the record high of $5.58 that was posted last week, according to AAA. Prices are trending higher in the U.S. Northeast. In New York, the average…
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