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The Diesel Crisis Nobody Is Talking About
Everyone believes the energy shock is about oil. It isn’t. The most important price in energy today isn’t really the price of crude. It is the difference between crude oil and the fuel made from it—a number known as the crack spread.
And for diesel, that spread has absolutely exploded to record highs. Now what?
CHAPTERS:
0:00: It's Not Oil, It's Diesel
1:45: Crude vs Diesel and the Refinery Bottleneck
5:27: The Crack Spread Explained
7:13: Falling Fuel Demand
10:38: The Weakening Labor Market
13:31: Why Refiners Can't Just Make More
15:45: Retailers Are Cutting Prices
17:48: Peak Season…
The skinny
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