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“The climate change agenda in the Northeast, Tucker, is really what’s causing this,” he said, citing the “demonization of fossil fuels” by Biden’s White House.ĭiesel inventories in New England and New York are down over 50 percent since last year and at their lowest levels since 1990, Andy Lipow, president of Lipow Oil Associates, told CNBC. He said that New England will freeze this winter because of Democrat-led policies.
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Meanwhile, supplies of diesel distillates, such as heating oil and jet fuel, have fallen to their lowest levels in more than 10 years, Taylor said. If locations run out of diesel, commerce would be paralyzed, leading to a cascade effect on everything ranging from retail to groceries. Without it, commercial traffic-especially trucking and non-electric powered railroad lines-will come to a halt.Īlmost all consumer items are transported across the country via truck or by train. The American economy is dependent on the supply of diesel fuel.
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The “code red” alerts have been applied in Maryland, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Tennessee.
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The nation’s diesel supply has fallen to 25 days over the last two weeks, well below the 35-40 days that offers a comfortable buffer for the fuel markets.Īt least seven southeastern states are at “code red” levels as stockpiles of diesel hit rock bottom, Mansfield Energy told customers on Oct. The United States is reportedly on the verge of running out of diesel fuel in less than a month, according to the Energy Information Administration (EIA). diesel reserves are at their lowest levels since 1951, while a ban on Russian energy is set to take effect next year, which will only increase competition for fuel supplies worldwide. National average diesel prices are 33 percent higher for November deliveries and are expected to go up even more, reported CNBC.
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The top executive for a U.S. energy supplier in the northeast, said that far-left policies are restricting energy production and preventing it from keeping up with critical consumer needs in the region. The Democrat’s “demonization of fossil fuels” and energy policies that are being marketed as being “green” are behind the nationwide diesel and heating oil shortages, Mike Taylor of Combined Energy Services told Fox News’ Tucker Carlson. The Biden administration’s attacks on the energy industry is a main driver behind the impending diesel crisis in the United States, a major supplier has said.
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