Posted on Nov 3, 2022
Diesel Market to Stay Tight Into Winter: Chevron Chairman
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Edited 2 y ago
Posted 2 y ago
Responses: 7
We saw incredibly high prices when driving back from Alabama...this will translate into higher prices for food and necessities
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Joe Dementia and his pals killing the American economy one product at a time.
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The Biden Administration has declared war on fossil fuels and has declared that this current man-made and entirely avoidable 'energy crisis' is a "necessary pain" for the "great transition" to green energy. What absolute nonsense!
There is right now no way to stop using fossil fuels without massive disruption of the global economy. How does anyone propose to transport goods all over the planet without fossil fuels? Turn ultra-large cargo vessels into rowing galleys?
I do not regard human beings as "intruders" on the planet. I believe we are meant to be stewards of the planet, and should care for all its resources. But that does not mean that we should starve and freeze in the dark for lack of energy.
There is now no reliable and scalable source of "green energy" that allows us to strop using fossil fuels. Diesel fuel is required to transport virtually all our goods, construct our infrastructure and mine the minerals we need. We are not just paying a very high price, but we are running out of diesel fuel as winter approaches. Everything will cost more as a result, in an already inflationary economic environment.
This is a direct product of the Biden Administration shutting down the Keystone Pipeline, shutting down federal leasing for oil and gas exploration and now trying to threaten oil and gas companies with punitive tax penalties. These DC bureaucrats have ZERO understanding of economics and the free market, indeed they openly flaunt their disdain and ignorance of the entire free market system. This attempt to forcibly transition the world to "Green New Marxism" will result in economic disaster.
There is right now no way to stop using fossil fuels without massive disruption of the global economy. How does anyone propose to transport goods all over the planet without fossil fuels? Turn ultra-large cargo vessels into rowing galleys?
I do not regard human beings as "intruders" on the planet. I believe we are meant to be stewards of the planet, and should care for all its resources. But that does not mean that we should starve and freeze in the dark for lack of energy.
There is now no reliable and scalable source of "green energy" that allows us to strop using fossil fuels. Diesel fuel is required to transport virtually all our goods, construct our infrastructure and mine the minerals we need. We are not just paying a very high price, but we are running out of diesel fuel as winter approaches. Everything will cost more as a result, in an already inflationary economic environment.
This is a direct product of the Biden Administration shutting down the Keystone Pipeline, shutting down federal leasing for oil and gas exploration and now trying to threaten oil and gas companies with punitive tax penalties. These DC bureaucrats have ZERO understanding of economics and the free market, indeed they openly flaunt their disdain and ignorance of the entire free market system. This attempt to forcibly transition the world to "Green New Marxism" will result in economic disaster.
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MAJ Hugh Blanchard
Here's some very good analysis of this from the Gatestone Institute authored by Lawrence Kadish:
https://www.gatestoneinstitute.org/19082/diesel-shortage
It notes the utterly critical role that energy, especially fuel, plays in national security.
https://www.gatestoneinstitute.org/19082/diesel-shortage
It notes the utterly critical role that energy, especially fuel, plays in national security.
Biden's Diesel Fuel Shortage: Cold Comfort
During World War II, the Allies' aerial assault on the Nazis did not begin to have the strategic means to bring the enemy to its knees until Germany's oil reserves were destroyed and it was unable to refuel its tanks. Then, as now, destroying the energy
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