America Only Has 25 Days Of Diesel Supply Left; Biden Administration Responds | Eastern North Carolina Now

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ben Zeisloft.

    The United States has less than one month's supply of diesel fuel, according to data from the Energy Information Administration.

    Even as the nation has a mere 25 days of inventory, marking the lowest levels since 2008, the four-week average of distillates supplied, a proxy for demand, rose to its highest seasonal level since 2007, according to an analysis from Bloomberg.

    The low supply and high demand comes as Americans, many of whom are concerned about the state of the economy, prepare to cast their ballots in the upcoming midterm elections. National Economic Council Director Brian Deese acknowledged to Bloomberg that inventories are "unacceptably low" and affirmed that "all options are on the table" for the White House to address the problem.

    The depleted supplies occur because of maintenance season at many refineries and pressures from the Russian invasion of Ukraine. However, two ships carrying 1 million barrels of diesel are slated to arrive in New York, while a Pennsylvania refinery belonging to Delta Air Lines is returning from seasonal maintenance.

    Inventories in the northeastern United States, where more residents burn fuel for heating than any other part of the country, are at less than one-third of usual seasonal levels. The diesel shortage comes after the Energy Information Administration said last week that the average household primarily using natural gas for space heating will likely spend $931 on power from October to March, marking a $206 increase since last year.

    With a greater energy density than other liquid fuels, diesel enables the majority of shipping activity in the United States via semitruck and train, as well as large shares of military and farming activity. The national average cost of diesel fuel is presently $5.33 per gallon, according to data from AAA.

    In response to soaring energy prices, which have contributed to overall inflationary pressures, President Joe Biden announced in March that his administration would release 180 million barrels from the Strategic Petroleum Reserve, a stock of emergency crude oil intended to manage supply disruptions in energy markets. Transactions for the final 15 million barrels will clear by the end of December.

    "Global crude oil supply flows remain a challenge, due in large part to the ongoing instability caused by Russia's actions in Ukraine," the White House said in a statement. "The President is prepared to authorize significant additional sales in coming months if conditions require."

    Biden has also presided over a decrease in the Strategic Petroleum Reserve from 638 million barrels to 405 million barrels, marking the lowest level in decades, according to data from the Energy Information Administration. Though the release is primarily meant to cut domestic energy prices, at least 5 million barrels have found their way to nations such as India, the Netherlands, and Italy, as well as a Chinese petroleum company with links to Hunter Biden.

    Roughly 84% of Americans consider the economy to be a primary factor on their minds as they cast ballots in the midterm elections, according to a recent poll from ABC News and The Washington Post. The Republicans lead the Democrats by a 16% margin and a 19% margin with respect to trust on handling the economy and inflation, respectively.

    Biden has emphasized green energy throughout his tenure while leasing less federal land for oil and gas drilling than any administration since the end of World War II. Soon after his inauguration, Biden also discontinued Keystone XL pipeline project expansions.

poll#162

In what may be the most divisive period in modern American History, even more divisive than the turbulent sixties due to today's lack of patriotism, consider what are the major catalysts causing so much of this calamity of conflict, and vote: What most instigates the division of America, on this day September 20, 2022?

  Racism within our society

  Sex realignment to the detriment of our society.

  Biden /Harris Wide Open Southern Border Policy for the Demographic Upheaval of OUR Constitutional Republic

  Rampant Crime in Democratic controlled cities, and the possible contagion elsewhere

  Covid Pandemic, and its mishandling at the political, and bureaucratic levels.

  The unresolved questions /allegation regarding the flawed 2020 General Election

  January 6th Riot or "Armed Insurrection", depending upon patriotic perspective

  Joe Biden as Divisive Leader; Ineffective and Corrupt Executive

  Failed Education Industry, from an overall perspective, regarding all levels of education.

  Propagandistic Media in complete conflict with the First Amendment's guarantee of Freedom of Speech, and the awesome responsibility of a Free Press..

  "Orangeman Bad!"

  Bureaucracy rushing to a behemoth size, its unjustified expense, and far too often overreach.

  The Weaponized Deep State for political purposes

  A secular ambivalence to all that is real.

  Record number of overdose deaths from opioids and now Fentanyl

  Biden Administration's disastrous Foreign Policy

  Bidenflation /supply chain failure inevitably evolving into stagflation and recession.

  "Ultra MAGA Extremists" freely speaking louder AND LOUDER!

927 total vote(s)     What's your Opinion?

poll#164

It has been far too many years since the Woke theology interlaced its canons within the fabric of the Indoctrination Realm, so it is nigh time to ask: Does this Representative Republic continue, as a functioning society of a self-governed people, by contending with the unusual, self absorbed dictates of the Woke, and their vast array of Victimhood scenarios?

  Yes, the Religion of Woke must continue; there are so many groups of underprivileged, underserved, a direct result of unrelenting Inequity; they deserve everything.

  No; the Woke fools must be toppled from their self-anointed pedestal; a functioning society of a good Constitutional people cannot withstand this level of "existential" favoritism as it exists now.

  I just observe; with this thoughtful observation: What will happen "when the Vikings are breeching our walls;" how do the Woke react?

845 total vote(s)     What's your Opinion?

poll#154

Inarguably, the policies of the Democrats in congress and Joe Biden as the Executive is plunging the United States into a recession, if we are not already there; a recession that was completely avoidable. Will abrupt changes in policies occur in time?

  Yes, the Democrats have a bold plan, yet to be revealed, to save us.

  No, there will have to be a complete undoing of the damage done by these Democrats.

  I can't do simple math, so how am I to understand the concept of basic economics.

1,216 total vote(s)     What's your Opinion?