Refining Bottleneck Sends Diesel to Record High

By Bloomberg Television

Community Score: 50% | 875 views | 4w

0 community ratings: null thumbs up, null thumbs down

Record diesel prices are exposing a critical constraint in global energy markets as refinery disruptions abroad collide with limited capacity in the US. GasBuddy’s Patrick De Haan is on Bloomberg This Weekend and says producing more crude alone won’t solve the problem because refiners are already operating near their limits, leaving little room to boost gasoline and diesel supplies quickly. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.fac

Tags: Christina Ruffini, David Gura, Diesel, East-West Pipeline, Fuel, Gas Prices, Iran, Refineries, Strait of Hormuz, US Drivers, fuel costs, fuel market, gas pump, oil market, patrick de haan, price environment, russia

More from Bloomberg Television

  • Americans Crave Low-Cost Chinese EVs — Score: 50%
  • Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
  • Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
  • Rep. McCaul on How to Combat Political Violence — Score: 50%
  • Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
  • King Charles' Security Under Review ahead of DC Visit — Score: 50%