US gas station owners report diesel shortages — OilPrice
In the United States, some owners of gas stations have reported a lack of diesel fuel, although diesel and gasoline generally remain available. OilPrice reports. The publication notes that such cases are still isolated amid a sharp increase in motor fuel prices.
The author of the article links the price increase to disruptions in the oil market following the US and Israel's war with Iran. In his view, if the situation with diesel and gasoline supplies does not change, more and more gas stations may face shortages of one or both types of fuel.
Prices in Texas and California
As of September 20, the average price of diesel fuel in Texas was $5.9779 per gallon, while regular gasoline cost $3.9480. In California, diesel cost an average of $8.4244 per gallon, while gasoline cost $6.1533.
More current news is available on the UA.News Telegram channel Telegram.
The author explains the difference by proximity to supply sources. Texas has many oil refineries and oil fields, while California has fewer such facilities, and air pollution requirements complicate fuel refining.
Risks to supplies
Higher jet fuel prices have already affected air transportation: several airlines announced flight cuts. The author believes the problem may shift from high prices to the physical ability to deliver fuel where it is needed.
Among the vulnerable areas, he names import-dependent Northwestern Europe, domestic markets with winter demand, the US Gulf Coast, import-dependent countries where a shortage of foreign currency or cargo financing may arise before stocks are depleted, as well as airports with limited ability to replace suppliers. According to the author's assessment, petroleum product stocks have approached the minimum level needed for the supply system to operate.
