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Another Biden Catastrophe: “Imminent Diesel Shortage In Eastern Half Of US,” Major Trucking Firms Warn


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Another Biden catastrophe is looming on the horizon.

Trucking firms are warning employees of an “imminent fuel shortage in the Eastern half of the US.”

Founder and CEO of FreightWaves Craig Fuller said “3 very large fleets” are preparing for diesel pumps at fuel stations to run dry.

“Drivers of these fleets received notifications about fuel shortages that could materialize in the coming weeks across the Mid-Atlantic and Northeast regions,” Zero Hedge reports.

Fuller tweeted several messages that drivers received from fleet operators. The notifications were alarming.

He also tweeted what appears to be an unnamed industry insider explaining the historic mess hitting Mid-Atlantic and Northeast markets is a combination of crude being diverted from the US to Europe and supply chains issues along the East Coast.

Diesel supply is short worldwide due to the invasion of Ukraine disrupting energy markets and resulting Western sanctions. The writing has been on the wall for months about developing shortages, as we discussed in:

  • Global Diesel Shortage Raises Risk Of Even Greater Oil Price Spike
  • “Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders
  • D-Day Approaches: Crack Spread Soars As Diesel Market Braces For Historic Shock
  • US East Coast Diesel Stockpiles Hit Record Low As Fuel Crisis Nears
  • Widespread US Diesel Shortages Send Crack Spreads To Mindblowing Highs

On Wednesday, DOE showed US diesel inventories are now 23% below the five-year average for this time of year, at their lowest since May 2005.

The situation isn’t improving as diesel prices at the pump soar to new highs.

Retail gas prices are also legging higher.

*Images from Zero Hedge*

And we already know who Biden will blame for this diesel shortage and supply chain disaster.

Putin.



 

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