What this article fails to mention is that there are also a record number of empty tankers routed to the US refineries right now, with the intention of shifting still-relatively cheap US oil products to overseas markets where the prices are already much higher and shortages have already hit. The effects of the Iran war on the US economy will really start to kick in over the next several months.
I suppose it's too much to ask that oil produced in the US be used for the US people?
California leaders report four to six weeks worth of gasoline and diesel supply
81–90 of 226 posts
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#82What this article fails to mention is that there are also a record number of empty tankers routed to the US refineries right now, with the intention of shifting still-relatively cheap US oil products to overseas markets where the prices are already much higher and shortages have already hit. The effects of the Iran war on the US economy will really start to kick in over the next several months.
I suppose it's too much to ask that oil produced in the US be used for the US people?
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#83Isn't 4-6 weeks about normal conditions? It feels like a large amount of slack for a modern JIT logistical system. Anymore enters strategic reserves territory.
https://www.economist.com/cdn-cgi/image/width=600,quality=10...
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#84I’m surprised that only “18.9% of new car sales” in California are electric [1]. [1] https://www.energy.ca.gov/news/2026-01/california-surpasses-...
Other countries have $15k new electric city cars for sale. The US doesn't. Our domestic car manufacturers are either uninterested or unable to make them, and import bans are in place on foreign cars that meet that price point. Also our infra not being 240v is hurting us. The rest of the world can just plug in overnight to any regular outlet and it is good enough for almost any commute. My EV on a 120v outlet I can ma…
The 240V requirement has been overplayed, in my opinion. I still have a gas car. But my driving needs would easily be covered with 110V.
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#85Earlier quoted context omitted.
A bicycle and moderate fitness is the ultimate in self-reliance but you never heard them promoting that either.
Bicycle doesn't carry a family of 4, or carry loads of dirt or pick up lumber or tow a trailer. Also my e-bike needs more maintenance than my EV. Go figure.
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#86What this article fails to mention is that there are also a record number of empty tankers routed to the US refineries right now, with the intention of shifting still-relatively cheap US oil products to overseas markets where the prices are already much higher and shortages have already hit. The effects of the Iran war on the US economy will really start to kick in over the next several months.
California also needs a special blend that is only required in California (CARBOB). A lot of that is refined outside of the US, because there is not the capacity domestically. Cali could immediately have more fuel and cheaper prices by dropping their special requirements.
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#87Earlier quoted context omitted.
In such a situation - especially heading into the midterms - an export ban may be increasingly probable.
This is way outside of my area of expertise, but I thought US export oil was not fungible with what we consume.
Technically, the refineries can be retooled to take a different blend, but it is expensive to do.
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#88Earlier quoted context omitted.
In such a situation - especially heading into the midterms - an export ban may be increasingly probable.
An export ban wouldn’t really help much: US oil production is (now) predominantly light crude, while US refinery capacity is oriented towards heavy crude from the gulf or Venezuela. We produce more oil than we use, but we can’t refine it all.
https://sherman.house.gov/media-center/press-releases/congre...
If you agree with the parent that Americans are going to feel more energy market pain in the coming months I would imagine the pressure for this will only increase.
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#89I’m surprised that only “18.9% of new car sales” in California are electric [1]. [1] https://www.energy.ca.gov/news/2026-01/california-surpasses-...
Other countries have $15k new electric city cars for sale. The US doesn't. Our domestic car manufacturers are either uninterested or unable to make them, and import bans are in place on foreign cars that meet that price point. Also our infra not being 240v is hurting us. The rest of the world can just plug in overnight to any regular outlet and it is good enough for almost any commute. My EV on a 120v outlet I can ma…
Re: California leaders report four to six weeks worth of gasoline and diesel supply
#90I’m surprised that only “18.9% of new car sales” in California are electric [1]. [1] https://www.energy.ca.gov/news/2026-01/california-surpasses-...