Episode 22 | Diesel shortages could cripple America and Elon Musk takes over Twitter

Elon Takes Over Twitter
https://www.forbes.com/sites/roberthart/2022/05/17/elon-musk-says-twitter-deal-cannot-move-forward-until-ceo-proves-fake-account-numbers/?sh=23aa59242f22
One of the first things that he did was fire the bigwigs at Twitter, from the CEO to the chief of police, anyone who was responsible for banning accounts and censorship.
Project Veritas had a lot of undercover videos in regard to the executives at Twitter admitting they were actively censoring users.
One of the points he made was to reinstate banned members. Although he will not do that before the midterm elections as one of the biggest questions was to reinstate trump. Elon commented that they have to figure out the rules of Twitter in regards to what even to get banned for, and so on and so forth. He also did not believe in permanent banning.
Verification will be different now. You would have to maintain a subscription in order to be verified.
Trump did say that he was not returning to Twitter ever and that he would stay on his Truth Social platform.
https://www.cnn.com/2022/11/03/tech/elon-musk-twitter-verification-plans
https://www.reuters.com/technology/twitter-will-not-reinstate-banned-users-without-clear-process-musk-says-2022-11-02/

Are we Running out of diesel?
Tucker Carlson says the US is about to run out of diesel
- Link: https://www.foxnews.com/opinion/tucker-carlson-thanks-bidens-religious-war-in-ukraine-us-run-out-diesel-fuel
According to Tucker Carlson. The White House banned Russian oil, natural gas, and coal. It was our moral duty. Then at the same time, the Biden administration crushed domestic oil production here by canceling oil and gas leases. Then, as if that wasn't enough, the Biden administration sold a piece of our Strategic Petroleum Reserve, maybe this country's most important resource, to China. None of this hurt Putin in any way. All of it impoverishes the United States.
(Further down the article)
According to data from the Energy Information Administration by the Monday of Thanksgiving week, (that's 25 days from when the article was published), there will be no more diesel. Well, everything will stop. That means trucks and trains and barges are all unable to move. -
Think about this… Diesel fuel inventories in the U.S. are already at their lowest level since 2008, right when the country is approaching the high-demand season.
If this really does happen and nothing is done about it soon. This means:
- E-Commerce would be frozen
- Trucks would not be able to make deliveries
- Ships would not be able to go anywhere
- Trains would also be unable to move
- Prices for consumer goods will rise
But is this really going to happen? And why are most media outlets ignoring this?
According to Mansfield Energy, The oil industry is complex, and it can be hard for the average person to understand how it operates. This is especially true when it comes to understanding the current diesel supply shortage, high prices, and oil company profitability.- This comes from an article on their website titled “Curing misinformation - The truth about diesel supply, high prices, and oil companies”.
Link: https://mansfield.energy/market-news/curing-misinformation-the-truth-about-diesel-supply-high-prices-and-oil-companies/ ←- Play the video of Mike Mansfield CEO of Mansfield Energy
Our refining capacity in the US is about one million barrels a day of less capacity. The product is not available as it once was. So we have to import more or pay higher prices.
Since 2019, seven US refineries have shut production down, reducing US fuel production by 40 million gallons per day and burdening the remaining refiners to meet demand. Reasons refineries take show offline include maintenance issues, natural disasters such as fires or hurricanes, or low/negative profitability. All of these factors, including refinery outages, supply and demand, and extreme backwardation that we are seeing today, cause fuel prices to fluctuate.
What drives the cost of fuel? Well, it’s not the oil and gas industry that raises it. According to that article, the prices are set by the global marketplace..
According to NRCAN oil is traded globally and can easily move from one market to another by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.
Link: https://www.nrcan.gc.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087