US Has Only 25 Days of Diesel Supply as Shortage Could Cripple Economy

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The United States is down to 25 days of diesel supply as a top White House official declared the stockpile levels to be “unacceptably low.”

Data provided by the Energy Information Administration (EIA) show that diesel stockpiles are at their lowest level for October in records dating back to 1993, according to a Bloomberg News analysis. EIA data shows that the United States, as of Oct. 14, has 25.4 days of supply—down from 34.2 days of supply four weeks prior.

A top Biden adviser, National Economic Council Director Brian Deese, told Bloomberg News last week that current diesel levels are “unacceptably” low and that “all options are on the table” to increase supplies.

The diesel crunch comes with just three weeks to go before the November 2022 midterm elections and will likely drive up prices even more. Diesel is the fuel used by freight trains and commonly used by long-haul truckers to transport goods and food.

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