Refining Bottleneck Sends Diesel to Record High
Why now
Thesis: Diesel record high keeps inflation pressure elevated
Catalyst to watch: Refinery outages or crude supply shifts
Main risk: Refined-product cracks eventually normalize
Why it matters
Refinery bottlenecks mean crude supply alone cannot ease diesel prices, keeping refined-product cracks and inflation pressure elevated.
Details
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 op
Sources
- youtube · 2026-09-13 15:21 UTC