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The Diesel Crisis May Get FAR Worse Next Month


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June may be a tough month for everyone—especially long haul truckers…

Sources claim that we will see a peak in diesel prices sometime around the middle of next month, as the Biden administration continues to cancel oil leases and oppose pipeline construction.

A surge in refineries and facilities being retired from service on the supply side, coupled with a lack of willingness to fill new leases are both placing significant pressure on diesel inventory.

At the same time all of this is happening, U.S. energy firms are reportedly shipping off massive amounts of oil to foreign countries…

The war in Ukraine has no doubt exacerbated the energy crisis, but that too represents a foreign policy failure of this administration, and the result of decades old NATO led harassment toward Russia.

Citizens and Senators alike aired their concerns:

Fox News warns:

During an interview on “Cavuto Live” U.S. Oil and Gas Association President Tim Stewart said the U.S. is in the “most challenging” energy crisis in the last 50 years and the Biden administration has “no strategy” to help the U.S. get out of record-high gasoline and diesel prices.

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According to The Epoch Times, the price of diesel has already surged in these areas:

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 price of diesel is $6.52; in Rhode Island, it’s $6.43.



 

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