Gasoline Versus Diesel: The Seen and the Unseen

Sure, Sloppy Joe will brag about gas prices because you’re not looking at diesel prices. [The Rude Awakening] January 25, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Gasoline Versus Diesel: The Seen and the Unseen - Motorists are thrilled gas has come down. - But diesel hasn’t fallen as much as it needs to.That’s what keeps inflation in the system. - We see the gas prices because we drive those vehicles.But the unseen diesel price is what we need to keep an eye on. [Urgent Winter Warning From Jim Rickards]( [Click here to learn more]( I just recorded an urgent warning in the freezing cold of Baltimore to reveal a devastating scam that the radical Democrats are pulling on the citizens of Maryland here and countless other states. Because according to my research, Joe Biden has already set in motion a devastating series of events thanks to his party’s radical “Green New Scam” policies… Soaring resource costs, crashing markets, chaos on Wall Street… Nothing can be ruled out leading up to February 1st. But if you know what to do, you could “opt-out” of this winter nightmare… And happily heat your home and fuel your life while potentially 15X’ing your money in the next 90 days IF you know what moves to make… [Click here for all the details.]( [Click Here To Learn More]( [Sean Ring] SEAN RING Good morning on this lovely day from Asti. Yesterday, I was on the horn with my paisano, Mark Rossano. As you may know, I call Mark “The Sherlock of the Supply Chain.” Mark’s knowledge of energy, metals, and the supply chain is unrivaled. The conversation naturally turned to what was going on in our gas tanks. But like James Carville years ago, Mark’s message was, “It’s the diesel, stupid.” Immediately getting what he was talking about, my mind turned to this scene in The Lord of the Rings: The Return of the King (bolds mine): Gandalf the White: Frodo has passed beyond my sight. The darkness is deepening. Aragorn: If Sauron had the Ring, we would know it. Gandalf the White: It's only a matter of time. He's suffered a defeat, yes, but... behind the walls of Mordor, our enemy is regrouping. Gimli: Let him stay there. Let him rot! Why should we care? Gandalf the White: Because ten thousand Orcs now stand between Frodo and Mount Doom. I've sent him to his death. Aragorn: No. There is still hope for Frodo. He needs time... and safe passage across the plains of Gorgoroth. We can give him that. Gimli: How? Aragorn: Draw out Sauron's armies. Empty his lands. Then we gather our full strength and march on the Black Gate. Éomer: We cannot achieve victory through strength of arms. Aragorn: Not for ourselves. But we can give Frodo his chance if we keep Sauron's Eye fixed upon us. Keep him blind to all else that moves. Legolas: A diversion. Gimli: Certainty of death, small chance of success... What are we waiting for? Gandalf the White: Sauron will suspect a trap; he will not take the bait. Aragorn: Oh, I think he will. While gas prices have come down, and the President brags about it, diesel has kept inflation in the system. And it will for some time. Let me explain. Gas Versus Diesel Inflation wasn’t transitory. In fact, the inflation story still isn’t over. But if you read the mainstream media, you’d think it was. One big reason it isn’t is that the powers that be have you looking at gas prices: [SJN] Credit: [eia.gov]( The average gas price is $3.259 per gallon. Not great. But well below what it was just a few months ago. How about diesel? [SJN] Credit: [eia.gov]( But the average diesel price is $4.549. That’s much more expensive than gasoline. [SJN] Credit: [@POTUS]( So, the President keeps your eye fixed on gasoline while the diesel price has remained elevated. The fact is, everything that is either made or delivered to you is done via diesel. Driving your car to the mall is the last thing you do for a purchase. Let’s list why diesel fuel is vital to the world economy. Here are a few: - Transportation: Diesel is widely used in trucks, buses, and trains. Obviously, these vehicles move goods and people around the planet and are responsible for a sizeable portion of global trade and commerce. - Construction equipment: Diesel powers various construction equipment, such as excavators, bulldozers, and cranes. - Agriculture: Diesel powers tractors, harvesters, and other agricultural machinery. - Power generation: Diesel engines are used to generate electricity in various settings, including remote locations and emergencies. - Marine transportation: Diesel engines power ships, fishing boats, and other marine vessels. - Mining: Diesel engines power mining equipment such as drills, loaders, and haul trucks. - Oil and gas industry: Diesel powers drilling equipment and other machinery in the oil and gas industry. - Manufacturing: Diesel engines power generators, compressors, and pumps. - Air transportation: Diesel engines power many small aircraft. But how do we acquire diesel? [Response Requested]( 1/1000th of an ounce of gold available As a Rude Awakening reader, Jim Rickards is offering you 1/1000th of an ounce of gold when you upgrade your account. It will come in the form of a “Gold Back” - a new type of gold currency that’s starting to spread across America ([click here to view](. If you have not responded to Jim’s offer yet, and want to know how to claim yours… Please click the link below for details. [Click here to learn how to claim your new Gold Back Currency<]( Thanks! Amber Anderson Customer Service [Click Here To Learn More]( Where Does Diesel Come From? Diesel comes from heavy crude, which America doesn’t produce. And thanks to dumb government policy, we don’t refine enough ourselves, pipe in enough from Canada, or ship enough in from Russia. Heavy crude oil typically contains a higher percentage of heavy hydrocarbons, which are denser and have a higher boiling point than light hydrocarbons found in the light crude oil America produces. These heavy hydrocarbons must be "upgraded" or "cracked" to create diesel fuel. This process can require more energy and resources than refining light crude oil, which is why heavy crude oil is often considered less valuable than light crude oil. [SJN] Credit: [eia.gov]( Notice the difference between the price of crude for gas and diesel above. The heavier crude is much harder to refine, so it’s generally cheaper than the light stuff. Most of the world's diesel is created by refining heavy crude oil. The refining process involves separating these hydrocarbons into different fuels and other products such as diesel, gasoline, jet fuel, and petrochemical feedstocks. Most of the world's diesel fuel is produced by countries with large oil refining industries, such as the United States, Russia, China, and the countries in the European Union. These countries have a sizable portion of their economies based on oil production and refining, which allows them to produce substantial amounts of diesel fuel. Additionally, many countries that are not major oil producers also have large refining industries, such as Singapore and South Korea, which allow them to produce significant amounts of diesel fuel. The Inflation Nugget Higher diesel prices inflation in a few ways. One of the main ways is by increasing the cost of transportation, which can lead to higher prices for goods and services. This is because diesel fuel is a major cost for many companies that transport goods. When the price of diesel increases, these companies may pass on those costs to consumers in the form of higher prices. Additionally, higher diesel prices can also affect inflation by increasing the cost of production for many goods and services. Diesel fuel powers a wide variety of industrial and agricultural machinery. When diesel prices rise, the cost of production for many goods and services may also increase. This can lead to higher prices for consumers. Higher diesel prices also affect inflation by reducing consumer spending power. When diesel prices are high, consumers may have less disposable income to spend on other goods and services, which can lead to slower economic growth and lower inflation. Overall, higher diesel prices can significantly impact inflation by increasing the cost of goods and services, reducing consumer spending power, and slowing economic growth. And this is why inflation certainly isn’t “transitory.” Wrap Up We’re still not out of the inflation woods yet. In fact, we may have more to go, as the inflation from diesel affects us up and down the supply chain. The unseen transportation costs are getting passed on, while the seen transportation costs (gas) fall thanks to ramping up gasoline production. And this won’t stop anytime soon. As always, do what you can to protect yourself from rising costs. All the best, [Sean Ring] Sean Ring Editor, Rude Awakening [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@rudeawakening.info. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. 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