The East Coast of the U.S. is reporting its lowest seasonal diesel inventory on record, rationing expected

This crisis will affect everyone. https://www.freightwaves.com/news/why-the-northeast-is-quietly-running-out-of-diesel The East Coast typically stores around 62 million barrels of diesel during the month of May, according to Department of Energy data. But as of last Friday, that region of the U.S. is reporting …

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Already Gone! U.S. Manufacturing Index Falls to Lowest Since 2020 As Fed Signals Removal Of Monetary Stimulus (As 10Y Treasury Yield Tries To Breech 3% Barrier)

by confoundedinterest17 What happens when the massive Fed stimulus is gone? Its Already Gone … or going. A measure of U.S. manufacturing activity unexpectedly dropped in April to the lowest level since 2020 as growth in orders, production and employment softened. The …

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[Reuters] European diesel inventories at lowest since 2008. Still importing 770,000 bpd from Russia. Real potential for higher prices.

by mark000 https://www.reuters.com/business/energy/europes-russian-diesel-imports-drop-still-dominant-2022-04-27/ Cutting off Russian oil will be difficult and costly as Europe will have to compete for fuel further afield and pay higher freight costs, a trader said. “Technically, if Europe pays a $100 premium, they can get …

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Inflation Joe And Slow-Walking Jay! REAL Fed Funds Target Rate Lowest In History As Bidenflation Crushes Middle Class And Low Wages Workers (REAL Home Price Growth Is Now LOWER Than The Peak Of The 2000s House Price Bubble!)

by confoundedinterest17 Inflation Joe and Slow-Walking Jay. The bullies of the middle class and low-wage workers. As inflation crushes the middle class and low wage workers, we see that the REAL Fed Funds Target Rate (based on headline inflation) is the lowest …

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