Diesel Crisis Has the Potential to Bring Economy to Its Knees.

2 years ago
441

#diesel #economy #dieselprice #transportation #freight #industry #markets #agriculture #shipping

Video Chapters:

00:00 Introduction
01:50 Diesel shortage/crisis getting worse
03:01 The importance of diesel for the US Economy
12:22 Rafi Farber and backwardation in diesel market
22:02 Permanent backwardation in gold and what it would mean
23:28 Conclusion

Today we will look at the current diesel shortages in the US resulting in higher prices and potentially a complete halt in economic activity.

The Dangers of Permanent Gold Backwardation – Professor Antal E. Fekete: https://silkthreads.press/2019/01/02/the-dangers-of-permanent-gold-backwardation-professor-antal-e-fekete/

Diesel fuel explained- Where our diesel comes from: https://www.eia.gov/energyexplained/diesel-fuel/where-our-diesel-comes-from.php

Diesel shortage as price per gallon soars(WFLA News): https://www.youtube.com/watch?v=M1Kt-ee7IqQ

Why every American should care that diesel prices are surging across the country: https://www.freightwaves.com/news/why-every-american-should-care-that-diesel-prices-are-surging-across-the-country#:~:text=Diesel's%20importance%20to%20our%20economy&text=Without%20diesel%20fuel%2C%20the%20U.S.,)%2C%2097%25%20use%20diesel.

The End Game Investor by Rafi Farber: https://seekingalpha.com/author/austrolib

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