Diesel Supply at Only 25 Days; Biden Admin Response ‘Not Helping,’ Analyst Says

Diesel Supply at Only 25 Days; Biden Admin Response ‘Not Helping,’ Analyst Says
Trucks make their way to the Port of Long Beach, Calif., on July 13, 2022. John Fredricks/The Epoch Times
Andrew Moran
Updated:
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The United States maintains only 25 days of diesel supply, the lowest since 2008, according to recent data from the Energy Information Administration (EIA). This is down from 34.2 days in the previous four weeks.
Total national stockpiles stand at 106.187 million barrels, down about 34 percent since Biden took office. EIA numbers confirm that demand eased in the past week, coming in at 4.072 million barrels, although consumption is still up nearly 20 percent compared to the previous four weeks.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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