Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Diesel Supply COLLAPSE Erupts In US | There Will Be NOTHING LEFT..." video.

  1. Stoic, you're way off. The US refiners are exporting Diesel fuel that CAN'T BE SOLD within the USA -- because of EPA regulations. The astonishing expense of refining Diesel fuel to the new EPA sulfur standards caused many refiners to walk away. Chevron, Shell, Exxon, BP -- the Big Boys -- they shelled out the Big Bucks -- and they are all still very much in the business. Whereas, the smaller players -- many owned by overseas corporations -- didn't see how such an expenditure made any sense. For them, massive Diesel fuel importers, the old standard ( 0.5% sulfur ) was fine and dandy. [It had been the US standard for decades.] They were very, very happy to sell ordinary gasoline within the US market -- and take their Diesel output back to their home countries. They still are. The entire shortage, of Diesel, has been due to the loose money policy of Biden. Demand has simply stayed strong... in North America, and across the Europe, too. ( Since Putin's exports are being rejected.) It's with irony. The very refineries that are shut down for 'maintenance' are being shut down to INCREASE their production of Diesel fuel. That's what 'maintenance' means in the oil business. Over time, every dang last refinery keeps increasing in throughput. The focus, at every turn, is on increasing the throughput of the stuff that brings profit. Right now, that's EPA standard Diesel fuel. BTW, I'm in America, and locally, Diesel has been dropping in price, week over week, for some months, now. Gasoline has dropped below $3/ a gallon, too. The American economy is slowing -- and this is causing a drop in gasoline demand -- to such a degree that the industry can cover it out of stocks while tweaking their refineries. Folks that are counting on America's Diesel exports -- will be getting their stuff -- on time and on spec. It's just the way a highly regulated free market operates. Thank me later.
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