I don't believe anything from CNBCDiesel is $200 USD at New York Harbor according to this article. And it is expected to go up? Wow.
Diesel powers the economy with trains, trucks and tankers all using the fuel. And with prices soaring, consumers are paying more.www.cnbc.com
IMO diesel fuel here is already at $5.69 which is well above the $200 per barrel. And until our fearless leader emerges from his coma and admits and changes his insane policies prices will continue to rise. It seems to me that all of these "news organizations" are just trying to whitewash what is actually happening and continuing to apply their rose colored glasses view of the much vaunted Green New Deal. I don't believe any of them. I believe what I see.HaHa your curmudgeon is showing! Yeah I agree that a financial sales oriented show is suspect. But I prefer many sources. Warren Buffet recently took a position related to fuel shortages and higher margins for example.
You are correct. Diesel is a weak fertilizer. This is why ranchers here use diesel and molasses to get rid of brush. The diesel kills the roots and the molasses brings back the soil microbes which changes the diesel into a form plants can uptake. Gasoline kills roots better than diesel and is much cheaper than diesel but molasses cannot purify gasoline nearly as good as it can diesel.USA Chart:View attachment 89909
One interesting point I came across is that some refineries make diesel from soy oils. I did not know that was a commercial thing. I thought it was more a boutique idea, like someone making diesel in their barn with one of those diesel kits that god popular during the Great Recession. Fats too - I remember restaurants guarding their grease dumpsters from theft because they were selling their waste oils.
If soy is available cheaply as a result, that 48% protien content makes for some decent organic fertilizer at 5-6% N.
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