Why Diesel Prices Are Set To Soar
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Why Diesel Prices Are Set To Soar
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your idol Trump hates environmentalism he should defy the International Maritime Organization low sulfur bullsh#t
Trump should make all US ships burn the dirtiest densest blackest carbon bunker fuel available haha
Trump doesn't believe in climate change/ global warming
He believes it's a liberal agenda
He wants to dial back California emissions standards
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Trump has nothing to do with this hike. He is against fuel rate hike in the US.
BTT
Maersk Giant
https://www.spglobal.com/platts/en/m...am-before-2020
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i know
since Trump is your idol i'm just telling you that Trump should not allow the US to follow that international sulfur cap
he should say F-U to those environmentalists who came up with the idea
Ships Low Sulfur fuel is expensive - yes
But in reality, cost of crude is really low!
If I'm not mistaken, it was trading below $80/barrel a few days ago... Some countries need it to be around $100 to survive.
Winter market did not arrive in Q1... A lot is hoping for it to come around Q4... Otherwise its been a bad year for the energy sector...
PHL oil price is high because of TRAIN and the weaker Peso.
point is if that low sulfur cap for ship fuel is fully implemented ships will be competing with land transportation for low sulfur diesel
if refineries cannot keep up with demand it will drive up the price of diesel
there may be plenty of crude but the bottleneck will be with refineries
*ULS ano yung mga regular articles na binabasa mo for for your data and analysis? I’m doing now Business system analayst but more on the business side not on the i.t... gusto ko din sana maging updated sa trend ng businessnworldwide...
TIA!
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