Deese Worried About Diesel Gas Supply

The transcript discusses the impact of rising energy prices on heating and shipping costs, particularly in the context of low diesel inventory levels in the US. It highlights the government's concern and the need for the industry to build inventory levels. The federal government has tools like the northeast home heating oil reserve to address these issues. The President emphasizes keeping all options open to ensure consumer certainty.

How do rising energy prices affect other sectors according to the discussion?

• They only affect the automotive industry.

• They impact heating and shipping costs.

• They only affect gasoline prices.

• They have no effect on the economy.

What is the main concern regarding diesel inventories on the East Coast?

• They are sufficient for current needs.

• They are at historically high levels.

• They are 50-60% lower than the five-year average.

• They are only slightly below average.

What has the federal government done to address low inventory levels?

• Prepared to deploy the northeast home heating oil reserve.

• Banned all exports.

• Increased gasoline production.

• Ignored the issue.

What is the President's stance on export options during uncertain times?

• To ignore the issue.

• To focus only on domestic production.

• To keep all options on the table.

• To ban all exports immediately.

Why is it important for the industry to build inventory levels?

• To ensure a stable supply and avoid future shortages.

• To increase prices for consumers.

• To reduce government intervention.

• To focus on international markets.