|
|
|
16.10.26 - 01:06
|
Whitmer Declares Energy Emergency, Eases Diesel Rules For Farmers (ZeroHedge)
|
|
|
Whitmer Declares Energy Emergency, Eases Diesel Rules For Farmers
Authored by Kimberly Hayek via The Epoch Times,
Michigan Gov. Gretchen Whitmer declared a state of energy emergency on Oct. 12, citing disruptions to global oil markets from the war in Iran and what she said was the nation's largest year-over-year rise in average gasoline prices in Michigan.
The order allows certain farm and logging vehicles to use dyed diesel on public roads.
In her emergency order, Whitmer said that Michigan's farmers and loggers are facing record-high diesel prices, slim margins, and sharp market swings, with some costs passed on to consumers.
"These industries already purchase and maintain substantial supplies of dyed diesel for off-road equipment. Therefore, granting eligible highway-licensed vehicles temporary access to this fuel would provide immediate relief," she wrote.
Her order suspends specific provisions of the Motor Fuel Tax Act that normally bar such use of dyed diesel.
Global Supply Shrinks
Arm...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15.10.26 - 16:09
|
Bulgarian PM Stuns EU With Full-Throated Backing Of Trump-Putin Diesel Deal (ZeroHedge)
|
|
|
Bulgarian PM Stuns EU With Full-Throated Backing Of Trump-Putin Diesel Deal
Bulgaria has just broken ranks amid widespread European criticism over the Trump-Putin diesel deal announced last week, with the NATO country's Prime Minister Rumen Radev stunning Brussels in fresh remarks.
"You know what is our problem right now in Europe? High fuel prices," Radev said in English as he attended a two-day summit of leaders.
via The Associated PressReuters described of the top level meeting in Brussels, "the European Union began a packed summit on Thursday that quickly underscored wrangles over how to tame soaring energy prices, design a budget to keep the bloc competitive and curb surging exports from China that are blamed for job losses."
Prime Minister Radev told the summit "Any step in reducing fuel prices and to guarantee our competitiveness, we appreciate" - in a clear reference to the US-Russia diesel agreement.
And even as most continue to vocally support Ukrain...
|
|
|
|
|
|
|
|
|
15.10.26 - 13:48
|
Russia begins diesel exports after Trump deal amid global oil market concerns (Times of India)
|
|
|
Russian diesel exports have started reaching global markets following an agreement with US President Donald Trump. The Kremlin stated that these supplies could help stabilize oil markets, but they will not suffice. Reports indicate that Russian shipments of diesel resumed from the Baltic port of Primorsk recently. Ukraine's leadership and various European officials have strongly criticized this deal amid ongoing conflict....
|
|
|
15.10.26 - 13:09
|
Why Diesel Prices Are So Much Higher Than Gasoline (ZeroHedge)
|
|
|
Why Diesel Prices Are So Much Higher Than Gasoline
Authored by Robert Rapier via OilPrice.com,
Diesel has generally cost more than gasoline since 2004 due to higher production costs, taxes, and global demand.
Global refinery disruptions, export restrictions, and low inventories have widened the diesel price premium in 2026.
Strong US crude production and refinery output cannot fully offset global diesel supply shortages.
There was a time when diesel fuel was usually cheaper than gasoline in the United States. That relationship began to change about 20 years ago, and since then diesel has generally traded at a premium. Today, that premium is not just persistent but unusually large, which raises an obvious question: how did we get from gasoline typically costing more than diesel to diesel costing substantially more than gasoline?
The answer has two parts.
The first is structural and goes back to the mid-2000s, when changes in fuel specifications, taxes, refining economics, and glob...
|
|
|
15.10.26 - 12:01
|
Why Trump′s diesel deal with Russia may not actually lower prices (The Hill)
|
|
|
President Trump's controversial diesel deal with Russia may not actually bring down prices ahead of the midterms. Trump announced last week that Russia would “immediately” supply 300,000 tons of diesel to the U.S. and global marketplace, with another 500,000 tons coming in November, drawing howls from Democrats and some Republicans over lifting sanctions on Moscow......
|
|
|
|
|
|
|
|
|
|
|
|
|
|