Russia Boosts U.S. Fuel Exports Amid European Energy Crunch – Bloomberg
A fleet of tankers laden with Russian diesel heading to the U.S. East Coast may help to alleviate the most expensive retail prices for the fuel in seven years. Four tankers with 2 million barrels of Russian diesel aboard, the most in data going back to 2018, are set to arrive next week, as natural gas-rich Russia cranks up diesel-producing units that are dependent on a feedstock extracted from costly natural gas, according to Vortexa Ltd. “Russia is better positioned to supply diesel than other refiners in Europe because of its access to cheap natural gas,” says Clay Seigle, a managing director for Vortexa in Houston. “It’s very rare we’d see volumes this large coming to the East Coast.”
Source: Russia Boosts U.S. Fuel Exports Amid European Energy Crunch – Bloomberg
Another link because Bloomberg is touchy about letting you see the whole article…
(Bloomberg) — A fleet of tankers laden with Russian diesel heading to the U.S. East Coast may help to alleviate the most expensive retail prices for the fuel in seven years.
Source: Russia Boosts Diesel Exports to U.S. Amid European Spat | Financial Post
You have to ask, “Why?”
I know why Russia is sending it, because Russia always sends contracted fuel, even to the ones that hate them the most! Russia is a reliable supplier of fuel, bar none in the world…
But ask, “Why does the US not have enough diesel and why does the US keep getting fuel products from Russia and why does the US keep sanctioning Russia over “every Tom, Dick and Harry” going around in the world?”
WtR
Hint: The EU is the main target…