Opinion: May 4, 2022. Is a Diesel Crisis Approaching?

Diesel, the main liquid fuel used in transportation, is approaching stockpile crisis levels. The inventories are at levels not seen since the 2008 financial crisis. The refinery capacity is low due to multiple closures in the past decade.

Diesel price increases will cause transportation costs to increase leading to overall price increases. The inflation rate is expected to increase as the GDP is expected to further decrease. Stagflation is almost here (if it is not already)

For further information please read the following article

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.