America’s Diesel Surplus Is an Illusion (An Update from Karl Miller), by Larry C. Johnson
29 September 2026 at 05:00
On paper, the United States should be the world’s safety valve in this fuel crisis. American refineries make far more diesel than Americans burn. But every one of those barrels is already spoken for. Between rising domestic demand, heavy export commitments and refineries running near their limit, the U.S. is drawing down its own stocks,...