Here comes the diesel shortage. (There goes your money.)
If inflation, labor shortages, radical politics in public schools, interest rates, and an upswing in violent crime have you bent out of shape, get a load of this:
Mansfield Energy issued the alert Friday stating there was a developing diesel fuel shortage in the southeastern region of the United States. The company speculated that the shortage could be generated from “poor pipeline shipping economies” and a historically low supply of diesel reserves.
“Poor pipeline shipping economics and historically low diesel inventories are combining to cause shortages in various markets throughout the Southeast,” the company said. “These have been occurring sporadically, with areas like Tennessee seeing particularly acute challenges.”[…]
Stuff gets delivered to stores by trucks. Fuel shortages will likely mean fewer trucks on the road. That could mean more empty store shelves. It will also likely mean much higher prices for the stuff that DOES make it to the stores.
Trucks deliver things you order from Amazon. Prepare for a lot of “Out of Stock” warnings and delivery delays and higher prices.
MORE:
[…] States that are expected to experience serious effects of the shortage include Maryland, Virginia, Alabama, Georgia, Tennessee, North Carolina and South Carolina.
The Biden administration says it is keeping a close watch on diesel inventories and working to boost supplies, following news that reserves have been depleted and could run out in less than a month if not replenished, sparking fears of shortages and rising prices
The Energy Information Administration (EIA) reported this week that, as of Oct. 14, the U.S. had only 25 days of reserve diesel supply, a low not seen since 2008. National Economic Council Director Brian Deese acknowledged to Bloomberg that the level is “unacceptably low” and that “all options are on the table” to address the situation.
“Because conditions are rapidly devolving and market economics are changing significantly each day, Mansfield is moving to Alert Level 4 to address market volatility,” Mansfied’s press statement said.
The company continued, “Mansfield is also moving the Southeast to Code Red, requesting 72-hour notice for deliveries when possible to ensure fuel and freight can be secured at economical levels.”[…]
Thanks to the COVID lockdown and the resulting spending spree at the state and federal level, it’s been tough to get people back to work. Customer service is suffering everywhere from chain restaurants to retail stores and pharmacies.
Interest rates are going up. So, it will be much tougher to make significant investments in homes, vehicles, property, businesses.
We have elections coming up next week. It will help SOME to throw out the people in charge. But our job DOES NOT STOP on November 8. We have to keep getting educated — keep paying attention. If our “leaders” decide to head down the path of brown-nosing special interests at our expense — we need to respond with an emphatic HELL, NO.
Politics as usual is making life in this country and this state UNLIVEABLE and UNAFFORDABLE.
While trying to repair the damage to our economy, our state, and our country, it is also important to take care of yourself, your family, and your other loved ones. In the not so distant future, there won’t be anyone else to do that.
Let’s see. Two years ago we were told that meat and eggs would be in short supply and very expensive. Never happened – thanks to the power of free markets. Higher prices send signals to producers to make more, which they did. We now buy eggs from a landscaping company, $4 a dozen and good quality. Off Hwy 211 just before West End. Numerous private farms sell high quality beef and pork to their “friends”. Get government out of the way and food is of better quality and good cost. Truck fleets generally fill their tanks at separate contract depots with price stability one doesn’t have at gas stations. Government could help by eliminating highway taxes on diesel, and taxing battery cars much higher since they do not pay fuel taxes but cause greater wear to highways due to their massive weight. Diesel is easy to refine and ought to be cheap. There are known coal and gas reserves under northern Moore County. Why aren’t we exploiting it? Synfuel is made from coal, which can be converted to liquid fuels.
Repeal NC’s green new deal, that being Hb951.
The UK and its energy prices, and Europe in general, are a warning about what Berger, Moore, and Cooper have done to us with HB951. Their electric rates were skyrocketing over expensive and unreliable wind and solar energy long before the Ukraine war broke out. A good example of this boondoggle is the recent article in a major Scottish newspaper revealing that the UK is paying wind farm operators a billion pounds a year NOT to produce electricity and this is getting passed on to electric customers in their bills. No wonder their electric bills are creating energy poverty. It all comes down to the intermitent nature of wind and solar energy which are very weather dependent. In summer and winter there are often periods of low wind but high electric demands, so power has to be sourced somewhere else at a greatly increased cost. But in the Spring, there are very favorable conditions to produce electricity from wind, but low demand due to not being either heating or cooling season. The latter is what is being subsidized to the tune of a billion pounds a year.
Germany now has the highest electric rates in the world due to their obsession with wind and solar. Timmy Moore, Phil Berger, and Roy Cooper want North Carolina to be like them, and there were other RINOs involved in that, too, like Jim Perry and Bob Steinburg. After losing his Senate seat in the primary, Steinberg is now (who would have guessed it?) a lobbyist for the “green energy” cabal. He resigned his Senate seat early to become a Greta Thunberg lobbyist.