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NPR interviews Bloomberg reporter Chunzi Xu on the US diesel shortage, which it describes as one of the largest since 2008, with about 25 days of supply left. The discussion covers diesel's role in freight, farming and home heating, and the risk that the shortage spreads.
Diesel is embedded in farm operations and the supply chain, so a prolonged shortage raises input and logistics costs across feed and livestock. Heating demand as temperatures fall adds further pressure.
npr.orgOct 29, 2022After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
