Musk Should Have Put $44 Billion Into the Oil Industry if He Truly Intended to Help Americans. Right Now, It Appears That Any Idea of Breaking the Left’s Twitter Stranglehold Is a Pipe Dream. Ass Backwards Satan Soldiers, “Elon Musk”

Elon Musk Says Twitter Suffering a ‘Massive Drop in Revenue’ After Activist Group Pressure...

Elon will, as expected, have to submit to the majority of the fascist left because he must maintain a certain level of financial performance in order to pay interest and principal to his financial supporters, who are, by the way, awake banking institutions.

HNewsWire: I would like to see Biden and his regime take the electric bus. Not sure why he needs to waste all of that fuel flying places when he has absolutely no influence over anything.

The present diesel fuel shortage is "terrifying," according to Montana Attorney General Austin Knudsen, because of the possible impact on the supply chain and food production.

As the United States faces record-high inflation and gas prices, there is growing concern about a lack of diesel fuel supply, which, according to gas firms, will only push up its price.

"It's downright terrifying. This country has less than a month's supply of diesel fuel. To put this in context, we haven't had a big fuel shortage since 1951," Knudsen told the hosts of "Newsmakers," a collaboration program between The Epoch Times and NTD, in an interview on Nov. 1. "You have to understand that the demand for diesel fuel today is substantially more than it was in 1951."

According to the Energy Information Administration (EIA), the United States has 26 days of supplies as of Oct. 21, down from about 34 days five weeks ago.

According to Knudsen, the shipping, freight, trucking, and railroad industries should be concerned about the shortfall.

These transportation companies will suffer higher prices, which "will further worsen our supply chain challenges in our country," he said.

Truckers are the country's "lifeblood," and the current administration should recognize that "trucks run on diesel fuel, not fairy dust and rainbows," according to Knudsen. "This is going to have a huge impact on our economy."

According to Mansfield Energy, diesel markets operate smoothly with a 35- to 40-day supply and begin to experience issues when supply falls below 30 days, thus the 25-day supply is crucial.

"There is simply a shortage of product compared to three years ago," Michael Mansfield, CEO of Mansfield Energy, said on Fox & Friends on Nov. 2, adding that there is around 1 million barrels per day less diesel refining capacity than in previous years.

"There have been a number of refinery shutdowns." These refineries will not reopen, and the product will not be as widely available as it formerly was. As a result, we must import more or just pay higher prices," Mansfield explained.

Government Encourages ESG Esg,Icon,Concept,In,Hand,For,Environmental,,Social,,And

According to Knudsen, the diesel shortage is part of a wider problem, the government's attack on American fossil fuels, as the government pursues its climate agenda through banks and environmental, social, and governance (ESG) laws, rewarding them for not investing in fossil fuel.

Knudsen chastised the progressive left for enacting their climate agenda through major corporations because they couldn't do so through the legislative process and consensus.

"We shouldn't be astonished if those industries are disincentive from generating more of what our country requires." They're being attacked not only by the administration, but also by this administration's friends in big banks," he added.

Knudsen, together with the attorneys general of 18 other states, started an inquiry into six large banks for "possibly deceptive commercial practices relating to ESG policy-related acts."

Extremely Low Diesel Supply 'Terrifying,' Says Montana Attorney General ,ESG might 'become part of our credit scores,' according to West Virginia State Treasurer Riley Moore, who is considering terminating contracts with companies who practice ESG.

"It is believed that, with UN oversight, the Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, and Wells Fargo collectively agreed that each of their lending practices will reflect the target of net-zero greenhouse gas emissions by 2050, with interim targets in 2030, based on the Paris Agreement," Knudsen's office wrote in an Oct. 19 press statement.

Meanwhile, Mansfield did not specifically cite ESG rules, but stated that regulatory expenses have rendered some oil refineries insolvent.

On March 11, 2022, storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, Calif., which processes domestic and imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products.

Some refineries have been destroyed, but "others have just closed, simply because the regulatory expense of maintaining the refineries has come to the point where they can't do business anymore." "I believe there are around seven fewer refineries in the United States today than there were in 2019."

Musk should have put his $44 billion in the oil business if he truly intended to help Americans. Right now, it appears that any idea of breaking the left's Twitter stranglehold is a pipe dream.

Profile-236

Fear Is a Powerful Weapon, and This Biden Administration Knows How to Use Fear to Their Advantage: The United States Has Only 25 Days of Diesel Supply; The Shortage Will Cripple Our Economy, So They Say, Where’s Our Elected?

By StevieRay Hansen | December 18, 2022 |

Diesel Supply Tight, but Won’t Run Out HNewsWire: BLOOMINGTON, N.Y. – Diesel fuel supplies has grown uncomfortably restricted, raising fears about future availability. The United States began the month with around a 25-day supply of fuel in storage. But, according to Tim Abel, GROWMARK refined fuels, supply and trade manager, it doesn’t guarantee the tanks will…

Fuel Company Issues Diesel Shortage Warning, Says US ‘Rapidly Devolving’

By StevieRay Hansen | October 31, 2022 |

Biden Says He Will Keep Tapping Oil Reserves HNewsWire: “The Strategic Petroleum Reserve (SPR) is meant to protect consumers against emergency supply disruptions, not politicians during an election year,” Jeff Eshelman, president of the Independent Petroleum Association of America, said in a statement. Mr. Eshelman, whose group represents thousands of typically smaller and midsize exploration and…

The Do-Gooders Said No More Refineries, and Now They Are Paying the Cost. East Coast Retail Diesel Prices Are Increasing at a Much Faster Rate Than Overall Us Increases, and There Going to Run Out Next Month, Get a bicycle you Worthless (Elitist) Do-Gooders

By StevieRay Hansen | October 29, 2022 |

HNewsWire: East Coast retail diesel prices are soaring relative to the rest of the country, propelled by inventories in the region that are almost half of what they normally should be at this time of year. Retail prices recorded in the DTS data series in SONAR tell the story of how much diesel has surged.…

So the Northeast Is Almost Out of Diesel and to Think That Those Environmentalists and Biden Can’t Solve This Problem Is Misleading. They Can Solve the Problem. They Can All Get Bicycles and Ride Around and Get Their Food Supply While Warming Their Homes With Hot Air

By StevieRay Hansen | October 26, 2022 |

HNewsWire: Diesel supplies are very scarce across the Northeast and in the Southeast. Supplies are at the lowest seasonal level for this time of year, and the US only has 25 days left of the industrial fuel in storage. The crisis gripping the diesel market appears to be getting out of hand as one fuel…

Sources: ET  HNewsWire  HNewsWire

Profile-266
Profile-418

Leave a Comment