The USA Now has just 25 days of diesel supply

[Harpy Eagle]

The US now has just 25 days of diesel supply — the lowest since 2008. Here's why that's more alarming than a dwindling 'oil piggy bank'

The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.


National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.

However, even as the stockpiles are being drained, the Biden administration seems to be left with very few sustainable options for long-term relief.

MSN

KEEP VOTING DEMOCRAT!!!

It has been more than 25 days, did we run out yet?

 

[DudleySmith]

Pretty much "normal"....Think of it as "on time delivery", it costs money if it's not moving.

Yes. The JIT mentality discourages stockpiling for emergencies. Recent events have companies now rethinking that and are loading up on raw materials and the like. One of the problems is many states and local tax entities have grown fond of taxing inventories, a ridiculously stupid practice that should be illegal.

Many business owners understand that equipment, machinery and furniture are subject to business personal property (BPP) taxes. Currently, 38 states have some form of BPP taxation system. This is in addition to property taxes assessed on their land and buildings, also known as real property taxes or real estate taxes. Property taxes make up the largest component of state and local taxes paid by a business. Many business owners don’t realize that some states include the taxation of inventory and supplies under the umbrella of property tax.

Are Inventory and Supplies Assessed as Business Personal Property in Your State? - Property Valuation Services, Inc

Inventories are typically defined as personal property held for sale, but some states require otherwise. Learn more about it here.

propertyvaluationservices.net

All of these taxes should be done away with. Unused property however should be taxed,

 

[Stryder50]

Pretty much "normal"....Think of it as "on time delivery", it costs money if it's not moving.

Not in this case.
Consider the timelines to pump out of the ground, get to a refinery, refine/produce into diesel, get to distribution sites, and then into the fuel tanks of users.

25 day supply is more than "cutting it close".

It's what we can expect from "leadership" that has no Real World experience in the Free Market/Enterprise ~ Wealth Creation System.

Bumbling Biden; groper-molester Joe, has no experience other than living off of OPM =Other People's Money.

Other than a couple of years in quasi-private employment that was mostly guv'mint funded, Joe has spent his career lifetime sucking on the teat of the taxpayers.;
...
Biden was born and raised in Scranton, Pennsylvania, and moved with his family to Delaware in 1953 when he was ten years old. He studied at the University of Delaware before earning his law degree from Syracuse University. He was elected to the New Castle County Council in 1970 and became the sixth-youngest senator in U.S. history after he was elected to the United States Senate from Delaware in 1972, at age 29. Biden was the chair or ranking member of the Senate Foreign Relations Committee for 12 years. He also chaired the Senate Judiciary Committee from 1987 to 1995; led the effort to pass the Violent Crime Control and Law Enforcement Act and the Violence Against Women Act; and oversaw six U.S. Supreme Court confirmation hearings, including the contentious hearings for Robert Bork and Clarence Thomas.

Biden ran unsuccessfully for the Democratic presidential nomination in 1988 and 2008, before becoming Obama's vice president after they won the 2008 presidential election. During his two terms as vice president, Biden frequently represented the administration in negotiations with congressional Republicans and was a close counselor to President Obama.
...

Joe Biden - Wikipedia

en.wikipedia.org

~~~~~~~~~~~~~~
Certainly not the resume' one would expect from someone who understands for profit economics. Consolation(?) is that he shares this trait and 'experience record' with the Clinton's and Obama's; and a majority of the leadership of the Democratic Party. ~ which should explain how they mangle the economy every time they are in control.

 

[LAUGHatLEFTISTS]

Take control of what? A country that has 320 million pissed off people and an equal number of guns? If this is some kind of a game they're playing, it's a dangerous one. Not to mention, China is sitting there liking its lips while we run out of fuel to not only keep the economy moving, but to supply the military. I'm not convinced that it's any more than incompetence and stupidity on the part of this administration. Like Barack Obama said "Don't underestimate Joe's ability to fuck things up", which he seems to be doing.

Here’s the problem, out of those 320 million people there’s over 100 million that are not pissed off. They’re not angry at all. They been groomed through academia and the media to defend anything and everything that’s democrat. To believe or vote any other way is to be a racistsexisthomophobicbigothater.
These people cannot be reasoned with.

 

[LAUGHatLEFTISTS]

You realize this OP is pure, hysterical bullshit right?

The U.S. military never runs out of diesel.....or anything else it needs.

So why should the U.S.?

Link? You don’t have one and won’t find one. STFU and sit down.

 

[Road Runner]

So, what exactly is the status of oil since Christmas is just about a couple weeks away?

 

[MagicMike]

Link? You don’t have one and won’t find one. STFU and sit down.

You want me to find a link to the U.S. military never runs out of diesel?

 

[LAUGHatLEFTISTS]

Oh Yes, Please a floor fight between White Privileged Assholes. Split the Q-Publicans...Please do that.

Q….BOO!

 

[Mac1958]

It has been more than 25 days, did we run out yet?

These people are, consistently, nuts.

 

[pyetro]

The US now has just 25 days of diesel supply — the lowest since 2008. Here's why that's more alarming than a dwindling 'oil piggy bank'

The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.


National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.

However, even as the stockpiles are being drained, the Biden administration seems to be left with very few sustainable options for long-term relief.

MSN

KEEP VOTING DEMOCRAT!!!

sometimes I thank God that USMB is unknown to the average American. The fake news morons run wild here.

 

[otto105]

The US now has just 25 days of diesel supply — the lowest since 2008. Here's why that's more alarming than a dwindling 'oil piggy bank'

The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.


National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.

However, even as the stockpiles are being drained, the Biden administration seems to be left with very few sustainable options for long-term relief.

MSN

KEEP VOTING DEMOCRAT!!!

The Democratic Party is in control of big oil?


Since when?


How?