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FOXNEWS America Reports June 4, 2024 17:37:00

That would solve the diesel shortage. and the other reason is that we killed the keystone pipeline, we could be getting heavy barrels from canada today to alert the diesel shortage and those prices have spiked. the highest level of the year and looking to go higher. sandra: a talking point on the right you are hearing the gop candidates for 2024 saying the first thing they will do is get the keystone pipeline back up and going again. tim, final question on the forecast. you i think can provide us some keen insight where prices are going next. the average price, 3.82 of a gallon of gasoline, on the rise under this administration. biden s first day in office, 2.39. where are prices heading from here, tim? it s hard to make a prediction. we are just surpassing the highest consumer demand season of the year, that s the summer driving season. however, we are seeing significant impact of supply on ....

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FOXNEWS America Reports June 4, 2024 17:36:00

to the contrary, we have we have been clear that in the short-term supply must keep up with the demand. where we are adhering around the world. sandra: well, that that did not happen this week. they are restricting this. the biden administration with this brand-new news, blocking millions of acres from federal waters from an upcoming oil and gas sale of environmental groups over wildlife protections, phil. yeah, and this is craziness, right. why are we talking to iran, you know, turning a blind eye to sanctions, right. why are we going to venezuela, the dirtiest oil in the world when we have a diesel shortage in the united states, right. and we are more dependent on meeting demand this winter on places like, you know, venezuela and dependent on canada and mexico. this is nuts. we could be opening up the gulf of mexico to production. ....

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City of Tshwane reduces bus services due to diesel shortage

Hundreds of commuters who rely on the bus services may have to make alternative transport arrangements after the municipality announced it will be reducing its operations indefinitely. ....

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FOXNEWS Cavuto Live June 4, 2024 15:08:00

At a time when they re already stretched. charles: right. and, of course, there s the diesel shortage as well which invariably will add to costs. maybe not in time for the holidays, thank goodness for that, gru, but there s a lot of dark crowds out there. well, i look at several things. number one, savings rates have plunged. credit card usage has skyrocketed. in the market we have widest inverted yield curve in many, many years which usually presages a recession. we re now getting, you know, job cuts especially in technology. we got em in the crypto area and the mortgage area for darn good reason. so this had better not happen. 40% of freight, and you don t have enough truckers to cover it, and we re talking food, chemicals, fertilizer, retail, you name it. and hen there ll be jobs. so, hopefully, we get something like 92 the where congress blinked after just two days of a strike and got a binding up arbitration on this and hopefully gets done sooner ....

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