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Title: "Gas Stations Will Run Dry":
Source: [None]
URL Source: https://www.zerohedge.com/markets/g ... rging-according-worlds-largest
Published: Mar 22, 2022
Author: Tyler Durden
Post Date: 2022-03-22 19:28:01 by Horse
Keywords: None
Views: 180
Comments: 12

Catastrophic Scenario For Diesel Emerging According To World's Biggest Energy Traders

"The diesel market is extremely tight. It’s going to get tighter and will probably lead into stock outs.”

Poster Comment:

Largest California Refinery Hit With Strike Amid Record-High Gas Prices

"Refinery worker on the picket line sends this video of Chevron flaring hours after the strike began."

https://www.zerohedge.com/commodities/largest-california-refinery-hit-strike

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Begin Trace Mode for Comment # 2.

#1. To: Horse (#0)

There will always be all the gasoline and diesel you can buy, provided there are no price controls. That doesn't imply that prices will not increase. However, even if diesel is $20 per gallon, as long as there are no price controls, if you have the money, you can buy it.

DWornock  posted on  2022-03-23   9:15:38 ET  Reply   Untrace   Trace   Private Reply  

even if diesel is $20 per gallon

Diesel fuel is cheaper to make than gasoline. But diesel is more expensive. The reason for that is because truckers need it. ;)

BTP Holdings  posted on  2022-03-23   9:58:46 ET  Reply   Untrace   Trace   Private Reply  

#3. To: BTP Holdings (#2)

Diesel fuel is cheaper to make than gasoline. But diesel is more expensive.

I always wondered why that is, I mean it's not as refined as gasoline, right so it should cost less to make.

Bill D Berger  posted on  2022-03-23 19:54:05 ET  Reply   Untrace   Trace   Private Reply  

Diesel fuel is cheaper to make than gasoline. But diesel is more expensive.

That can't be if we truly have competition and they are both made from the same product and can be produced in whatever ratio and in the same quantities the companies choose. It that was the case, companies would start making more diesel and less gasoline until the price of diesel can down, or the price of gasoline increased, or both. They would make gasoline and diesel in whatever ratios gave them the most profit.

DWornock  posted on  2022-03-24 15:03:00 ET  Reply   Untrace   Trace   Private Reply  

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