Thursday, December 12, 2024

Tag: the Lowest Since 2008

There Is Only 25 Days of Diesel Supply, the Lowest Since 2008

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    by Mish Shedlock, Mish Talk:

    Diesel inventories are “unacceptably low” and “all options are on the table” to build supplies and reduce retail prices says the economic council director.

    Bloomberg reports Diesel Supply of Just 25 Days Poses Problem for Biden

    Key Points 

    • The US is has just 25 days of diesel supply, the lowest since 2008, according to the Energy Information Administration.