NATSO, SIGMA STATEMENT ON DIESEL SUPPLY

| November 9, 2022

The low inventory levels leave us exposed to sudden increases in demand or decreases in supply

The following statement can be attributed to David Fialkov, Executive Vice President of Government Affairs for NATSO and SIGMA: America’s Leading Fuel Marketers.

“Diesel supply is tight and diesel inventories are low. This is a structural problem, but the market is adjusting to get product where it needs to be as efficiently as possible. Absent a disrupting event, the current period of vulnerable stability can continue. The low inventory levels leave us exposed to sudden increases in demand or decreases in supply. For example, if a major refinery shuts down for a period of time, or it gets unseasonably cold in the northeast, the cause for concern could increase.” 

Category: Featured, Fuel & Oil, General Update, News, Transit News

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