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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: 177
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 # 7.

#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  

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  

#8. To: DWornock (#7)

That can't be

Are you aware that truckers NEED diesel fuel for their trucks and also for the reefer trailers that cool refrigerated and frozen foods?

One of the local truck stops here had new concrete put in after many years of diesel spills had eaten up the concrete. If they had any sense, they would have sealed the new concrete with anti-spalling compound that is used up north to seal bridge walls and footings that rocker bearings are mounted on. They discovered that the brine from salting the bridges had run in there and the concrete was deteriorating.

Cleaning bridge bearings was one of our duties when we did highway maintenance. We would use aluminized paint to paint the bearings. The sealing of the concrete occurred after the bearings were painted ;)

If you eat it, wear it or drive it, thank a trucker. ;)

BTP Holdings  posted on  2022-03-24 15:57:50 ET  Reply   Untrace   Trace   Private Reply  

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