diesel shortage update

The economic director also said that the Biden administration is The professionals needed to repair heavy-duty trucks and commercial vehicles require a set of skills distinct from the grease monkeys of 40 years ago. Fleets must consider current and former techs, tech students, and extend recruiting efforts to the military and nontraditional trades such as construction, HVAC, or electrical. The TMC SuperTech augmented reality game lets players progress through a career from a maintenance technician to shop owner in the trucking industry. More from ATRI:Top 5 Truck Driver Behaviors Linked to Future Crashes. The White House has asked the US Energy Department to analyze the possible impact of a ban and the State Department is also reviewing the option. The more certifications they have, the more they receive, Cupka says. This year, with skyrocketing inflation, equipment and parts shortages, record-high diesel prices, and continued wage pressures, the economy is back as the fifth ranked industry concern. U.S. Energy Information Administration (EIA) reported Friday those numbers were actually down a bit from last week along the East Coast. Driver retention dropped from a second place ranking in 2021. Experts say for things to improve, one of two things need to happen. Freightos Air Index data show air cargo rates from China to both Europe and the US are level at a time they were climbing last year, and are also significantly lower than a year ago.. China US rates of $5.50/kg are 48% lower than last year; China N. Europe prices of $5.15/kg are 25% lower than no? Mondays $1.9 billion Powerball result delayed. We have four diesel programs that are directly associated with diesel OEMs, UTIs Fanning explains. The need for technicians trained on the latest technologies compounds an existing technician shortage. It is challenging to recruit and retain truck drivers when they know that detention will reduce their pay due to lost hours spent waiting at customer facilities. Watch the remarks live here (due to start at 1315ET): However, as we have noted too many times to remember, the problem is not a lack of crude oil but a lack of refining capacity Brian Milne, product manager, editor, and analyst at DTN, told MarketWatch: "U.S. policy pushing away from oil consumption has led to refinery transitions to renewables, or outright closures. Often truck drivers do not have access to important amenities like drinking water or restrooms. Its a stigma that persists and drives people away, according to Rapoport. Among drivers, speed limiters were their fifth overall top concern. This, combined with broad Jones Act waivers, could potentially lower fuel prices on the US East Coast. And those entering the industry rarely can replace all the knowledge of those exiting. "Ahead of the holidays, this will be something that keeps the price of goods higher," GasBuddy's De Haan said. Business made the right current decision to sell the inventory of oil, book the profit and call the effort a complete success. UTI puts an emphasis on attracting female techs. We have to stop this referendum by this current administration. Since 2020, that number has inched downward. But that's not what's happening," he said. It shows you are welcoming to other groups and that youre prepared for them, Rapoport says. According to the latest Bureau of Labor Statistics projections for 2020-2030, demand for diesel technicians will continue to rise, albeit slightly slower than before, at about 1% a year. 24-hour hotline: (202) 586-6966. The US Gulf Coast, the main US refining center, exported 790 kbd of gasoline and about 1.1 mbd of diesel, almost all of that to Latin American countries like Mexico, Brazil, Chile and Argentina (Exhibit 6). UPDATE: Shortly after my podcast went live, citing the BuySinopec website, they removed this language from that page, likely due to the very high number of media inquiries they were getting due to my mentioning them in my podcast. One is New Village Institute Blairsville, a Pennsylvania diesel and automotive training school that opened in January. They will recruit well and from diverse groups. 1998 - 2022 Nexstar Media Inc. | All Rights Reserved. U.S exports of distillate fuel reached a record 1.76 million barrels in September, with more than 633,000 barrels of diesel sent to Northwestern Europe, according to Refinitiv data. The fuel supply and logistics company noted extremely high prices in the Northeast along with supply outages along the Southeast., On Friday, Mansfield noted there was a small increase for inventories but not enough of a build to change the current diesel supply challenges., Last week, Mansfield said Tennessee was having particularly acute challenges.. In that scenario, US Gulf Coast diesel prices would need to fall until they were low enough to force refiners to cut runs. It was the 18th such report from ATRI, the not-for-profit research organization arm of the American Trucking Associations. Currently, diesel demand is higher than ever, butbecause this current administration is commited to outright destroying the fossil fuel industry,refineries are struggling to meet that demand. Receding concerns over COVID-19 also will push more students into the education system. Shortages of diesel fuel and DEF also widely reported. Home heating oil prices are up 56% to nearly $5 per gallon from October 2019 levels, according to data from the Energy Information Administration. Read more of the topic:3 Ways Fleets Can Solve a Technician Shortage. Collaboration across sectors is needed to overcome the global tech and cyber talent shortage, including the industrys notorious gender gap. Someone will offer them more money and they will leave to work for them because you provide little more than a paycheck.. A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain).The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. The pandemic also caused graduate numbers from qualified secondary programs to plummet, Pressendo adds. Comments that include personal (Reuters) Diesel refining margins in both Europe and the United States have hit all-time highs as strikes at French refineries exacerbate a global shortage of distillate fuels. By then, many students have already decided their career path.. Thats the reason we call them technicians today, instead of mechanics, says Paul Cupka, superintendent of training and qualityassurance and support for Fairfax County (Virginia) Department of Vehicle Services. This growth will generate a need for 25,000 new diesel positions by 2030. In short, judging by the total chaos, it now appears that none other than Burisma energy guru Hunter Biden is in charge of US energy policy Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The 06.06.17 Update of 5400 GP to AE on Completion of 4 years. Diesel shortage should not prompt panic, says AAA, Eastern Ky. high school mourns loss of student killed in crash, Southern Kentucky man facing multiple charges following fight with police, SWVA man charged with murder after South Carolina mans shooting death. We hear enrollments are up, but we lack current data to support that sentiment, he says. Employers must set standards that ensure they offer an equal and fair place to work, and then lead by example.. Organizations also must develop their own diversity, equity, and inclusion statements. The idea that, I dont want my kids to be a grease monkey or mechanic must change, she says. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. TechForce Foundations 2021 Transportation Technician Supply and Demand Report explains the void as a matter of supply and demand. Here's what the 'Rich Dad Poor Dad' author and 5 experts are warning as fuel runs short. 2022 Heavy Duty Trucking, Bobit. Founder and CEO of FreightWaves Craig Fuller said "3 very large fleets" are preparing for diesel pumps at fuel stations to run dry. With some training programs lasting less than a year, UTI graduates can be prepared for lifelong, fulfilling careers. But it was the number 10 issue for motor carriers. Naysayers say EVs wont work for commercial fleets. The prices for on-highway diesel for this week were at $5.18 per gallon in the lower Atlantic region, according to the EIA. CBS News Live CBS News Colorado: Local News, Weather & More Feb 19, 2020; CBS News Colorado Its important that employers educate male employees before hiring a woman, she says. This graph represents the distribution of industry issue prioritization scores. Often people who are very set in their ways in terms of curriculum lead these programs, he says. Now technicians use computer software to find and fix problems.. The top strategy was to research and prioritize retention strategies, based on driver feedback and driver tenure data. Universal Technical Institute has partnered with Ignite Worldwide, a national nonprofit whose mission is to achieve gender and racial equity in STEM education and careers, to help get more women into technician careers. We can see that from the fact that Biden has dropped his claws into the Strategic Petroleum Reserve in order to manipulate gas prices before the election. That means the industry must quintuple the number of technicians entering the field just to keep pace with current demands. Learn how the industry can face off against an acute shortage of technicians and populate repair shops with experts ready to diagnose and repair todays sophisticated commercial trucks. Highlights Refinery Activity (Thousand Barrels per Day) Four Weeks Ending 10/28/22 10/21/22 10/29/21 A temporary petroleum products export ban. The technical school has partnered with Ignite Worldwide, a national nonprofit whose mission is to achieve gender and racial equity in STEM education and careers. attacks or slurs, hate speech, demonstrably false information, excessive profanity, or that are thinly veiled promotions for a product, will not be approved. Even as the U.S. grapples with one of the worst diesel shortages on record, U.S. companies are exporting more than a million barrels of distillates a day. Verleger: Structural changes in the diesel market are boosting prices. Our industry-experienced instructors teach all the core skills our employer partners told us they need, New Village Institute CEO Gary Beeman says. The same thing is happening with electric vehicles. One group that has generated limited attention until now is women. The traveling hands-on exhibit takes Gen Z on a discovery tour of the professional technician career path. Another shop under the same brand bought her out of the contract, he says. BISMARCK, N.D. (KFYR) - Gas prices are still high, and the price of diesel is even higher. This is what I enjoy doing, she says. The economy continued as the number one concern for three more years, after which it started to drop in ranking and eventually fell out of the top 10 in 2017. (Unfortunately there are no short term solutions for that). Address this issue on two fronts. What if that's still not enough for Biden and the market actually goes on to send oil and gas prices sharply higher as it starts discounting the failure of the SPR drain strategy? A national study has tracked the percentage of high school seniors who choose two-year versus four-year degrees. However, the ATRI Top Industry Issues Survey keeps these as three separate issues because the strategies for addressing each are distinct. Deese told Bloomberg Surveillance that the White House is very concerned about national stockpiles of refined fuel products and diesel shortages in particular. The national average retail diesel fuel price decreased to $5.317 per gallon, $0.024 per gallon lower than last weeks price but $1.590 higher than a year ago. And to make things worse, now we're heading into, arguably, one of the busiest seasons of the year, the holidays. From 2020-21, we saw about a 15% increase, then about a 63% increase from 21-22, so Im not surprised it shows up at number one, especially when you have a lot of independent drivers taking the survey, said Dennis Dellinger, president and CEO of Cargo Transporters Inc., on the panel discussion. Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more The first section of the Top Industry Issues report details the results of the overall industry survey of industry stakeholders including employee drivers and owner operators, motor carrier executives, and other trucking industry stakeholders. It shows the company cares about their success, he says. U.S. Energy Information Administration (EIA) reported Friday those numbers were actually down a bit from last week along the East Coast. While we wait to hear the full details of the White House's "cunning plan" to lower gas prices into the midterms by - drumroll - draining even more oil from the SPR while "inviting" oil producers to pump more because the Biden admin has promised it would buy some? The top proposed strategy was to promote reforming / repealing ineffective and burdensome regulations that add to industry costs without providing benefits. An important update on this is in a clip by Dr. Sal at the end. We respect your data and privacy. I told my team behind me to be prepared to look for further releases in the months ahead if needed, Biden said Wednesday at the White House. The truck can offer indoor or outdoor displays and can scale from one to more than a dozen activities. Almost all (1.1 mbd) of the distillate exports went to Latin America, USs primary export market (Exhibit 5). The people influencing students career paths still dissuade them from careers as diesel technicians. The alert from Mansfield Energy a week ago was for the Southeastern United States, including North and South Carolina, Virginia, Tennessee, Georgia, Alabama, and Maryland. Air freight market update, delays, cost increases, and forecast for 2022. Penske recruits heavily, partners with industry and education, and strives to retain existing technicians through a well-defined career path, mentorships and other incentives. More than 47% of the survey respondents were professional truck drivers and 39% were motor carrier executives. The technician shortage lacks a short-term answer. Bookmarked content can then be accessed anytime on all of your logged in devices! But fleets working in silos versus partnering with educational facilities share responsibility, too. Total Lunar Eclipse visible in NC Tuesday morning, Subtropical Storm Nicole likely to bring NC rain, 1 shot at Sheetz in Louisburg; 2 detained, WINNER: Powerball ticket bought in Cary wins $50K, Historic: Total lunar eclipse, Election Day to overlap, Click here for full list of trending stories. Scholarships also help drive this effort. EIA estimates diesel at $4.86 per gallon in the fourth quarter of this year. Serving Car & Truck Fleet Management Professionals, Serving EV Intenders & Professionals In Commercial & Public Fleets, Serving Corporate, Executive, & Financial Managers Of Large Commercial Fleets, Serving Leaders In Fleet Mobility & Emerging Technology, Serving Public Sector Fleet Professionals, Serving Medium & Heavy Duty Commercial Truck Professionals, Serving Transit Bus, Private Motorcoach, & Passenger Rail Professionals, Serving School & Pupil Transportation Fleet Professionals, Serving Vocational & Service Fleet Professionals. Helicopters]" Guide, It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure.Here's our Cookie Policy., "How To [Read/Tip Off] Zero Hedge Without Attracting The That's how it's supposed to work. Partnerships between educational entities, truck and engine makers, and fleets are a must to address the technician shortage, such as this partnership between UTI and Daimler Truck North America. But, he adds, fleets also must develop internal mentoring programs and career paths for graduates entering the workforce. ignoring the fact that if and when oil is tumbling to $67, the White House will have finally achieved its goal of sparking a crushing global recession and amid the millions of layoffs that last thing on its mind will be to refill the SPR, JPM has done some math on what the latest proposal actually means for oil. We can now report that we are transporting refined products (gasoline, diesel and jet fuel) at normal levels and are fully operational. Cupka cites aftertreatment systems as a key example. Fleets can partner with their local educational boards to ensure they know what companies really need. Technicians can register for certifications and if they pass the test, the county immediately reimburses them for the registration fee. The resulting report was issued in 2017 and included a number of recommendations for improving CSA scoring to better reflect a carriers risk profile. Update: Monday, May 17, 5:25 p.m. Colonial Pipeline continues to make substantial progress in safely moving others product throughout our pipeline system. Below are lists of the top 10 contributors to committees that have raised at least $1,000,000 and are primarily formed to support or oppose a state ballot measure or a candidate for state office in the November 2022 general election. September 29, 2022 A plurality of respondents (40.8%) believes that understanding the impact of car-truck speed differentials is a critical strategy in addressing a potential speed limiter rulemaking. In a recent report, Verleger makes a similar argument. The effects keep coming from the Biden administration's war against thefossil fuelindustry. But it's not just groceries. There would be some room for refiners to cut runs and shift yields toward gasoline, but, even if refiners max out gasoline yields, they would still need to cut runs significantly to avoid oversupplying the diesel market. When Will Storms Arrive in Shreveport Bossier? 1. To become certified, technicians must have at least 2 years of experience (or relevant schooling and 1 year of experience) and pass an exam. President Biden is set to deliver his much-leaked and barely-anticipated address explaining his "Additional Actions To Strengthen Energy Security and Lower Costs": Well, as we explained last night, it's simple - more of the same: blame big oil (gouging and profiteering), blame little oil (greedy local gas station owners), blame the Saudis (who are now Putin puppets) and drain more of the Strategic Petroleum Reserve.

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