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How's your non-gasoline liquid fuels a hanging? #7722074
11/19/22 09:26 PM
11/19/22 09:26 PM
Joined: Dec 2015
Posts: 5,809
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
Posts: 5,809
se South Dakota
We heard before Halloween that U.S. diesel inventory was down to record lows-- "only 25 days left"!! But then the story seemed to have dropped out of the news cycle (if it ain't bleeding, its not leading...). I haven't heard much about it since.

Of course, the U.S. makes diesel everyday but demand was outpacing supply so that's were the got the notion that only so many days left. It appears doing a quick search of recent news articles that diesel supplies have increased a bit but still could be pretty vulnerable to unexpected "shocks" to the system. And diesel making is tightly interwoven with "heating oil" and kerosene (jet fuel being fairly similar to kerosene). So, how's it going out there using all this stuff...?

https://www.newsweek.com/diesel-supplies-will-barely-make-through-winter-prices-skyrocket-1759229


"And God said, Let us make man in our image …and let them have dominion …and all the creatures that move along the ground".
Genesis 1:26
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722083
11/19/22 09:38 PM
11/19/22 09:38 PM
Joined: Sep 2020
Posts: 1,334
Pennsylvania
P
patrapperbuster Offline
trapper
patrapperbuster  Offline
trapper
P

Joined: Sep 2020
Posts: 1,334
Pennsylvania
The '25 days left' is just an equational average of some kind. If '25 days left' it would probably take months to run out.
Maybe someone can explain the equation for us

Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722110
11/19/22 10:26 PM
11/19/22 10:26 PM
Joined: Jan 2014
Posts: 18,087
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 18,087
North East Kansas
there is probably always 25 days left but more is produced each day. both sides lie for votes.



E
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722117
11/19/22 10:36 PM
11/19/22 10:36 PM
Joined: Dec 2006
Posts: 2,409
revillo, sd
C
cohunt Offline
trapper
cohunt  Offline
trapper
C

Joined: Dec 2006
Posts: 2,409
revillo, sd
The report I read stated that the current 25 day supply was the lowest level in inventory since the index was created in 1972. As old refineries continue to be shuttered and no new ones are even scheduled for construction in the US, the problem is likely tp worsen.

Last edited by cohunt; 11/19/22 10:37 PM.
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722130
11/19/22 10:51 PM
11/19/22 10:51 PM
Joined: Dec 2015
Posts: 5,809
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
Posts: 5,809
se South Dakota
Quote
The report I read stated that the current 25 day supply was the lowest level in inventory since the index was created in 1972.


Yeah, the calculation goes way back and the low stock is real.

As with many problems, there are usually multiple drivers affecting things. Fewer refineries in operation (the newer lower sulfur formula of diesel is part of this), an overall larger domestic population--we've gained well over a 100 million people since 1980, and exporting diesel to Europe to try to make up for little-to-no Russian oil coming into their refineries. Witches brews have many ingredients...


"And God said, Let us make man in our image …and let them have dominion …and all the creatures that move along the ground".
Genesis 1:26
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722150
11/19/22 11:49 PM
11/19/22 11:49 PM
Joined: Jul 2017
Posts: 2,671
Ohio
W
Willy Firewood Offline
trapper
Willy Firewood  Offline
trapper
W

Joined: Jul 2017
Posts: 2,671
Ohio
We have an ample supply of fossilized dinosaur juice.
Stored in multiple locations we have heating oil, off-road diesel, and on-road diesel.
[Linked Image]


FRAC LIVES MATTER
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722154
11/19/22 11:58 PM
11/19/22 11:58 PM
Joined: Nov 2018
Posts: 154
Mo
T
Trapper5123 Online content
trapper
Trapper5123  Online Content
trapper
T

Joined: Nov 2018
Posts: 154
Mo
Made me fill up a 500 gallon bull tank at $5.00 dollars a gallon. Then I find out it's 25 days if they quit all production. Fox news can shove it like all the rest.

Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722173
11/20/22 01:51 AM
11/20/22 01:51 AM
Joined: Jan 2020
Posts: 3,945
Aliceville, Kansas 42
Yukon John Offline
trapper
Yukon John  Offline
trapper

Joined: Jan 2020
Posts: 3,945
Aliceville, Kansas 42
Was delivered off-road just the other day.


Act like a blank, get treated like a blank. Insert your own blank!
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722373
11/20/22 10:02 AM
11/20/22 10:02 AM
Joined: Dec 2015
Posts: 5,809
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
Posts: 5,809
se South Dakota
Well, Trapper 5123, you might have some good barter stock if push comes to shove. Hang in there...


"And God said, Let us make man in our image …and let them have dominion …and all the creatures that move along the ground".
Genesis 1:26
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722378
11/20/22 10:05 AM
11/20/22 10:05 AM
Joined: Dec 2006
Posts: 26,336
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 26,336
williamsburg ks
Can also say without lying retail outlets only have a 3 day supply of groceries


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722387
11/20/22 10:09 AM
11/20/22 10:09 AM
Joined: Jan 2019
Posts: 2,328
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
trapper
B

Joined: Jan 2019
Posts: 2,328
North central Iowa
Part of what’s helping the situation is most field work is ending here in the north and is probably slowing in the rest of the USA, so ag use is getting less but heating oil usage will be going up.

Re: How's your non-gasoline liquid fuels a hanging? [Re: Trapper5123] #7722437
11/20/22 11:02 AM
11/20/22 11:02 AM
Joined: Dec 2010
Posts: 9,946
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Posts: 9,946
Armpit, ak
Originally Posted by Trapper5123
Made me fill up a 500 gallon bull tank at $5.00 dollars a gallon. Then I find out it's 25 days if they quit all production. Fox news can shove it like all the rest.


Remember the run on toilet paper? That's how you run out of diesel supplies too and cause the price to increase. Yellow journalism.


Who is John Galt?
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722457
11/20/22 11:23 AM
11/20/22 11:23 AM
Joined: Dec 2010
Posts: 9,946
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Posts: 9,946
Armpit, ak
"Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States. ULSD is the most widely consumed form of distillate fuel oil.

Current inventories and our current estimate of future demand can be combined into a metric called days of supply, which is calculated by dividing the inventory (in barrels) by the estimated demand (in barrels per day) to get the number of days that inventories alone could meet demand. In October 2022, the United States had 25 days of supply of distillate, the fewest since 2008. U.S. days of supply between 2017 and 2021 averaged 34 days. U.S. inventories of distillate fuel oil have been below the previous five-year (2017–21) low since the start of 2022.

Days of supply, however, is not a complete snapshot of distillate fuel oil availability because it doesn’t take into account production, imports, or any sources of supply other than inventories."

Source: EIA

Real internut journalist give sources and not opinion. smile


Who is John Galt?
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722463
11/20/22 11:29 AM
11/20/22 11:29 AM
Joined: Dec 2006
Posts: 17,439
N.W. Iowa
T
Tactical.20 Offline
trapper
Tactical.20  Offline
trapper
T

Joined: Dec 2006
Posts: 17,439
N.W. Iowa
Originally Posted by NonPCfed
We heard before Halloween that U.S. diesel inventory was down to record lows-- "only 25 days left"!! But then the story seemed to have dropped out of the news cycle (if it ain't bleeding, its not leading...). I haven't heard much about it since.

Of course, the U.S. makes diesel everyday but demand was outpacing supply so that's were the got the notion that only so many days left. It appears doing a quick search of recent news articles that diesel supplies have increased a bit but still could be pretty vulnerable to unexpected "shocks" to the system. And diesel making is tightly interwoven with "heating oil" and kerosene (jet fuel being fairly similar to kerosene). So, how's it going out there using all this stuff...?

https://www.newsweek.com/diesel-supplies-will-barely-make-through-winter-prices-skyrocket-1759229

Probably fake news

Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722481
11/20/22 11:58 AM
11/20/22 11:58 AM
Joined: Dec 2010
Posts: 9,946
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Posts: 9,946
Armpit, ak
Originally Posted by NonPCfed
Quote
The report I read stated that the current 25 day supply was the lowest level in inventory since the index was created in 1972.


Yeah, the calculation goes way back and the low stock is real.

As with many problems, there are usually multiple drivers affecting things. Fewer refineries in operation (the newer lower sulfur formula of diesel is part of this), an overall larger domestic population--we've gained well over a 100 million people since 1980, and exporting diesel to Europe to try to make up for little-to-no Russian oil coming into their refineries. Witches brews have many ingredients...


"But the primary reason is the cutoff of Russian imports. Prior to Russia’s invasion of Ukraine, the U.S. was importing nearly 700,000 barrels per day (BPD) of petroleum and petroleum products. Most of those imports were finished products and refinery inputs that boosted distillate supplies in the U.S."

Mazut - 100

Last edited by Dirt; 11/20/22 12:01 PM.

Who is John Galt?
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722483
11/20/22 12:02 PM
11/20/22 12:02 PM
Joined: Jan 2014
Posts: 18,087
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 18,087
North East Kansas
it is a crazee world full of SPIN.....



E
Re: How's your non-gasoline liquid fuels a hanging? [Re: Marty] #7722507
11/20/22 12:35 PM
11/20/22 12:35 PM
Joined: Jan 2014
Posts: 1,319
kentucky
L
logger coffey Offline
trapper
logger coffey  Offline
trapper
L

Joined: Jan 2014
Posts: 1,319
kentucky
Originally Posted by Marty
there is probably always 25 days left but more is produced each day. both sides lie for votes.
Here's your answer , Drama and lies from both sides.

Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722526
11/20/22 01:11 PM
11/20/22 01:11 PM
Joined: Jun 2015
Posts: 4,363
rogers city mi.
J
jeff karsten Offline
trapper
jeff karsten  Offline
trapper
J

Joined: Jun 2015
Posts: 4,363
rogers city mi.
Marty is correct due to diesel exports, demand and lack of concern from our gov there is a 25 day reserve used to be a 100 day reserve based on in case of a catastrophic failure there would be x amount of fuel oil left


olden tyred
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722538
11/20/22 01:26 PM
11/20/22 01:26 PM
Joined: Jul 2017
Posts: 2,671
Ohio
W
Willy Firewood Offline
trapper
Willy Firewood  Offline
trapper
W

Joined: Jul 2017
Posts: 2,671
Ohio
Staying ahead of the petroleum market has been beneficial for us for decades.
We buy when prices drop and use when it is high.
We always buy heating oil in July.

Trapper5123 should be happy when diesel costs above $5 per gallon.
Is it treated to prevent gelling?


FRAC LIVES MATTER
Re: How's your non-gasoline liquid fuels a hanging? [Re: NonPCfed] #7722661
11/20/22 03:26 PM
11/20/22 03:26 PM
Joined: Apr 2022
Posts: 971
Wisconsin
G
Guss Offline
trapper
Guss  Offline
trapper
G

Joined: Apr 2022
Posts: 971
Wisconsin
For 5gal. of off road cost me 26.00! just to run the tractor.

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