On top of everything else that is going wrong, shall we add a diesel fuel shortage and a nationwide electricity shortage to the equation? I never imagined that I would be writing about such things in the middle of 2022, but here we are. I will discuss the potential electricity shortage in a moment, but first I want people to understand how serious a widespread diesel shortage would be. Without diesel, our trains and trucks don’t run, and if they don’t run America’s supply chains completely and utterly collapse. So even a moderate shortage would be absolutely paralyzing for the U.S. economy. Unfortunately, supplies are rapidly dwindling and we are being warned that a “global diesel shortage that will shock people” could begin as soon as next month…
We are looking at a nightmare in terms of global diesel shortage that will shock people starting June.
Diesel inventory on the east coast is 18 million (About 3 days demand) as of today, we will run down to sub 10 million.
Let us hope that a way can be found to keep all of our trains and all of our trucks running.