The Biden administration’s attacks on the energy industry is a main driver behind the impending diesel crisis in the United States, a major supplier has said.
The Democrat’s “demonization of fossil fuels” and energy policies that are being marketed as being “green” are behind the nationwide diesel and heating oil shortages, Mike Taylor of Combined Energy Services told Fox News’ Tucker Carlson.
The top executive for a U.S. energy supplier in the northeast, said that far-left policies are restricting energy production and preventing it from keeping up with critical consumer needs in the region.
National average diesel prices are 33 percent higher for November deliveries and are expected to go up even more, reported CNBC.U.S. diesel reserves are at their lowest levels since 1951, while a ban on Russian energy is set to take effect next year, which will only increase competition for fuel supplies worldwide.
The United States is reportedly on the verge of running out of diesel fuel in less than a month, according to the Energy Information Administration (EIA).
The nation’s diesel supply has fallen to 25 days over the last two weeks, well below the 35-40 days that offers a comfortable buffer for the fuel markets.
