BLOG Diesel hits $5.65 as U.S. supplies plunge. What RVers may face this fall

[Neal]

Yeah buddy....

https://www.rvtravel.com/diesel-hits-565-supplies-plunge-rvers-face-fall/

 

[newmarokie]

diesel in OKC is between $4.99 and $5.09

 

[Underboss]

It will go back to normal any day now, any day.......

 

[Phillbo]

5.89 around here....

 

[Neemer]

National avg still below spring of ‘22.

 

[redbaron]

And our future reserve outlook is looking very good.

 

[Rollin Ollen]

It will go back to normal any day now, any day.......

Cross your fingers. Heavy Canadian crude is heavily optimized for diesel and distillate yields. The US imports about 60% from Canada. So far Alberta is holding back on Tariffs and the possible tuning off the taps. The Straight of Hormuz still isn't moving a lot of traffic.

 

[Underboss]

Cross your fingers. Heavy Canadian crude is heavily optimized for diesel and distillate yields. The US imports about 60% from Canada. So far Alberta is holding back on Tariffs and the possible tuning off the taps. The Straight of Hormuz still isn't moving a lot of traffic.

Lowering costs is apparently not a priority. If Canada shuts the door we will be seeing $10/gallon. This Venezuela thing is a joke as many companies went there, did the work to be allowed to pump and export oil and got thrown out. The oil infrastructure there is years away from making a dent in this issue. There is also an unelected leader there and regime change can happen overnight and shut the oil down. Not sure how many companies are going to invest there again on such a risk.
I am about to start a month long trip, its the cost of the lifestyle. After this trip most of my trips will be less then 1k miles or so for the near future.

 

[Holdmybeer]

And our future reserve outlook is looking very good.

The jokes thread is over in Patio Talk

 

[Holdmybeer]

Which translates to inflation. Demand driven inventory management means retailer's warehouses now have 18 wheels and like tariffs, when the costs to the wholesaler go up, the retail cost of the commodity will go up.

 

[Kevin D Pem]

Inflation is as artificial as our currency, and that has been tied to oil since tricky Dick. So yes expect some more inflation.

 

[Neal]

Crossing the line of politics friends...refrain please!