Posted BY: Teresa | NwoReport
The supply of diesel in the United States is still in a precarious position, and an insider in the auto industry warned if the crisis continues for longer it could permanently damage the already-weakened supply chain by Thanksgiving.
Automobile industry expert Eric Peters noted in an interview with radio host Kate Dalley that there will likely be a massive shortfall in diesel in the coming weeks “and that’s going to be felt economy-wide.” (Related: America is running out of gas: Surging demand leaves US with LESS THAN A MONTH’S supply of diesel.)
“Most people don’t appreciate the importance of diesel macro in the economy because most people drive a gas-powered car,” he said. “They don’t understand that everything that they buy pretty much is shipped from where it was made or where it was grown via a diesel-powered heavy truck and involved diesel-powered machinery to produce it.”
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