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JT45242

(4,175 posts)
30. Diesel is often made from mideastern crude while gasoline is made from US crude
Thu Jun 4, 2026, 01:55 PM
7 hrs ago

That is a big driver of this problem.

Plus as the supply of the precursor crude is chiked off it becomes more difficult to catch up because yo uneed diesel to move the stuff that you use to make diesel and then to move the final product again.

It is one of the reasons why the Alaskan pipeline was so critical to the US economy, it made a cheap efficient way to move large amounts of crude oil without using diesel to do it.

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1 members have recommended this reply (displayed in chronological order):

The shit is on the wing orangecrush 13 hrs ago #1
The storage cushion is fudgy. bucolic_frolic 13 hrs ago #2
President Bone Spurs had a plan to get out of Vietnam. Emile 12 hrs ago #3
Daddy's not buying his way out of this one. dem4decades 12 hrs ago #4
From another perspective cachukis 12 hrs ago #5
there's definitely been some adaptation... but still a lot has been kept afloat by the reserves that are likely to run LymphocyteLover 7 hrs ago #27
No question. One of my worries is the takeover of cachukis 6 hrs ago #31
Absolutely. I totally agree on all those points. The stock market is particularly a mess IMO LymphocyteLover 6 hrs ago #32
Have invested mostly in real estate over the last cachukis 6 hrs ago #34
Why would " Diesel goes first"??? Melon 12 hrs ago #6
800,000 to 1.2 million SamuelTheThird 11 hrs ago #11
It's one country. Multiply across all oil producing Melon 3 hrs ago #41
Yes, but the key is how long the strait stays closed and how quickly the reserves run out LymphocyteLover 7 hrs ago #28
Diesel is often made from mideastern crude while gasoline is made from US crude JT45242 7 hrs ago #30
Completely wrong. GreatGazoo 12 hrs ago #7
lol@your link SamuelTheThird 11 hrs ago #10
You ignored all the numbers to nitpick about semantics GreatGazoo 10 hrs ago #15
Are America's strategic reserves at a 40 year low right before the summer season? SamuelTheThird 10 hrs ago #19
Traders in Singapore, Beijing and Mumbai aren't duped by whatever Trump says GreatGazoo 6 hrs ago #36
This message was self-deleted by its author LymphocyteLover 7 hrs ago #29
Futures Are Not Delivery modrepub 5 hrs ago #39
"futures price contracts probably isn't a good predictor of actual future prices" -- meaning spot prices, yes GreatGazoo 1 hr ago #42
Appreciate your insight as I'm an admitted economic idiot. I can see where Exxon would be trying to "warn" Cheezoholic 9 hrs ago #21
Futures lock in a price right now GreatGazoo 7 hrs ago #22
Admittedly, Im no expert or even amateur...but SamuelTheThird 6 hrs ago #35
Since oil is sold as futures there is more profit when buyers panic about the future GreatGazoo 5 hrs ago #37
All hinging on a deal that isn't going to happen SamuelTheThird 5 hrs ago #38
Last week Exxon Mobil warned that oil inventories will fall to record low levels in coming weeks LymphocyteLover 6 hrs ago #33
Demand destruction WSHazel 12 hrs ago #8
"one of the key reasons that Trump started this conflict was to increase energy prices"-- agree LymphocyteLover 7 hrs ago #25
And it's all part of the plan... 2naSalit 11 hrs ago #9
Excellent summation. Kid Berwyn 11 hrs ago #12
I don't think the Strait of Hormuz never reopening is going to happen, but it will not reopen without a major shock ToxMarz 11 hrs ago #13
Agree. Thanks for the link. LymphocyteLover 7 hrs ago #24
Kick dalton99a 10 hrs ago #14
MAGA does the full collapse kairos12 10 hrs ago #16
First the bastids want to grift off it, if they can. GreenWave 10 hrs ago #17
But I thouight it would be open in two weeks. AverageOldGuy 10 hrs ago #18
That's the point. Blue Full Moon 10 hrs ago #20
Unbelievably awful LymphocyteLover 7 hrs ago #23
It's happening now as we speak. marble falls 7 hrs ago #26
Remember that the UAE left OPEC a few weeks ago WSHazel 4 hrs ago #40
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