“Somehow,” ex-Obama energy secretary Steven Chu once said, “we have to figure out how to boost the price of gasoline to the levels in Europe.” Not only does it seem the greentopians have figured this out, but they now have us following Europe in yet another way:
The Old World is bracing for an energy shortage this winter that could see some of its people freeze to death, and we may suffer a related fate. The issue:
Diesel supplies are at their lowest levels since 2008, with only 25.4 days’ worth of the fuel in storage as of October 14, according to data from the Energy Information Administration. This is significant, because, of course, we rely on trucks to stock our stores with food and most other things we need, and trucks run on diesel. No diesel, no food. No diesel, no commerce. No diesel — and our economy grinds to a halt.
This is a worst-case scenario and assuredly an exaggerated one. But the more realistic one — prices spiking to economy-rending levels — is troubling enough.
Read the rest here.
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