The Perfect Storm Is Brewing In U.S. Diesel Markets ...Middle East

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The Perfect Storm Is Brewing In U.S. Diesel Markets
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1. Threat of Railways Stike Highlights U.S. Energy Vulnerability- The prospect of a nationwide railway strike pushed US natural gas futures up above 9 per mmBtu, amidst fears of coal-by-rail disruptions, underscoring the importance of gas in power generation. - According to the US EIA, consumption of natural gas in the United States is set to rise to an all-time high of 86.6 bcf per day in 2022, amidst retirements of coal-fired power plants. - Considering that the railway-unions deal is still tentative, a resurfacing risk of strikes would lift…

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