Diesel Fuel Prices Could go Higher

Many have asked me why the price of diesel is so much higher than regular gasoline.

While I don’t think the answer is one thing alone, below are some major factors. As you can hear in the video below, road Diesel and Heating Oil are essentially the same thing. You will also hear that storage of diesel is at an all-time low in recorded history. This brings to mind the law of supply and demand.

If you think demand is high now, Mark claims that heating oil is still the #1 energy source in New England. (Start listening at 3:50) https://www.youtube.com/watch?v=B4GOr2ui0eU

Hope that helps.

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#recession #inflation #stagflation #hyperinflation

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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.