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Gas Stations Are About To Run Out Of Fuel As Supplies Collapse And Prices Hit Stratospheric Levels(360P).mp4

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Published on 23 Nov 2022 / In Travel and Events

America’s supplies of gasoline and diesel are at critical levels – and things are going to get much worse than we’re being told. What we’re about to share with you today is a developing situation, and we will continue to keep track of the facts as this crisis evolves and the factors at play become clearer. Recent numbers show that a serious fuel crisis is coming this winter, and that will have a tremendous impact on our wallets and our economy. As you’ll see over the next few minutes, we’re being warned that gasoline prices are going to come back to historical highs, and oil executives are saying that there will be diesel shortages as demand for fuels soars amid the cold weather but our capacity to produce them remains limited. We understand that most Americans don’t spend much time thinking about diesel, but the truth is that without it our supply chains can’t function and our economy stops
On the West Coast, drivers are paying $6 a gallon on average. Nationwide, gas demand increased by half a million barrels per day last week while total domestic gasoline stocks decreased by 2.4 million barrels. “If demand remains robust as supply tightens, drivers should brace for rising pump prices through the winter,” the AAA wrote.

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