European Gas Stations Out of Diesel: French Refinery Strike Deepens Crisis

Diesel is in short supply in Europe. The situation is about to worsen as the biggest French refinery is shutting down.

Bloomberg reports Europe's Diesel Woes Deepen as Strike Halts French Oil Refinery.

Total SA, France’s biggest refiner, is in the process of shutting its largest plant in the country, the 247,000-barrel-a-day Gonfreville facility in Normandy, due to a labor dispute, a spokeswoman for the company said on Tuesday. A few hundred miles away, in the Netherlands, retail fuel stations are running out of supplies because of shipping constraints on the Rhine, according to Royal Dutch Shell Plc.

Shell said Nov. 20 that it cut production at its Rheinland refining site, the biggest complex of its kind in Germany, due to low water levels on the Rhine. In a tweet on Tuesday, the company said that it was temporarily unable to supply some unmanned fuel stations in the Netherlands.

Gas stations in Germany had already been running dry due to the situation on the Rhine, a major petroleum product transportation corridor that runs northwest from the Swiss Alps all the way to the Netherlands. Switzerland released emergency fuel stockpiles because of the situation on the river.

The premium per barrel of diesel over Brent crude - another indicator of market strength - was at $15.96 on Tuesday, the highest for the time of year in six years.

Diesel Price Poised to Soar

This shutdown cannot possibly come at a worse time for French President Emmanuel Macron.

Macron is already reeling over a protest of his diesel tax.

Diesel Tax Turns Violent

People from across France went to Paris to let the president know how they feel about the taxes in general and the tax on diesel. The [Diesel Tax Protests](Diesel Protests in France Turn Violent) then turned violent.

Expect more reactions when the price skyrockets.

Macron Proposes Shutting Down Nuclear Power

In another poorly-timed announcement, France president Emmanuel Macron unveils plan to reduce reliance on nuclear energy.

Amid daily protests about high energy prices, Mr Macron said France will shut down 14 nuclear reactors by 2035.

France depends more on nuclear energy than any other country, getting about three-quarters of its electricity from its 19 nuclear plants.

The French leader promised to develop renewable energy instead, saying his priority is weaning France's economy from fuel that contributes to global warming.

Say What?

Excuse me for pointing out that nuclear energy does not add to greenhouse gasses, not that this whole global warming scare makes much sense in the first place.

Macron's Latest Brainchild

Mr Macron also said the government will find a way to delay tax increases on fuel during periods when world oil prices are rising.

Excuse me for pointing out that the diesel protest came when oil prices were falling.

In an attempt to calm the protesters, Mr Macron proposed a three-month consultation with associations and activist groups, including the so-called "yellow jackets" who have led the recent protests, about how best to handle the rising energy costs.

Yeah right. That's sure to work.

Floating in Outer Space

Courtesy of the New York Times, here's the comment of the day:

He seems to be deaf,” said Fabrice Schlegel, who has helped lead some of the citizen protests that have convulsed France in recent weeks. ‘‘He’s talking to us about the ‘ecological transition.’ This is a politician who is floating in outer space.”

Macron's Foot in Mouth Disease

Macron's diesel and nuclear gaffes are on top of his threat to Keep EU in Perpetual "Temporary" Customs Union Backstop.

Actually, I am happy for Macron for those custom union threats.

Hopefully it will wake up the UK parliament enough to vote down this pathetic deal that Theresa May is attempting to cram down the UK's throat.

Mike "Mish" Shedlock

Comments
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gregggg
gregggg

Europeans will forget all about this in a few monts, but historically, Macron will always be known as Merkel's pool boy.

2banana
2banana

Wanna know how to see the "global warming" scam? How it is not for saving the world, not to help save people, not for saving the polar bear and is all about massively growing government power?

  1. The most far left wing rich/celebrity/politician supporters of "global warming" continue to buy uber-expensive beach front property. Beach front property, all around world, continues to rise in price. If they believed their own hype, beach front property should be worthless and they wouldn't go anywhere near it.

  2. The most far left wing rich/celebrity/politician supporters of "global warming" are the most radical anti-nuclear power nuts you can find. Think about it, a power source that is capable of providing the power needs to an entire country without adding one "green house" gas or emission. If "global warming" was that real and that imminent, they would be screaming to close down every fossil fuel power generation station (to include natural gas) and replace it with nuclear power.

  3. When "scientists" or government bureaucrats find flaws in their data or models suggesting that their global warming doom predictions are not true or greatly exaggerated - they are sad or angry about it. Or even try to hide the new data. Any normal person, when told they were basically they were about to die in a melting earth, would be jumping for joy on finding this new data. They would partying on their new lease on life.

stillCJ
stillCJ

Editor

Hopefully, this will lead the Frogs a little farther away from Socialism. But we'll see; as usual they shut down things with strikes to make the situation even worse.

stillCJ
stillCJ

Editor

I was just recently in Europe, and the low water level Rhine as well. Europeans really depend on diesel fuel - a much more efficient fuel than gas. Macron made a huge mistake.

Bill Fawell
Bill Fawell

Wait until the global rules restricting shipping to diesel fuel to drive their ship engines that starts in 2020... diesel fuel prices are going to spike big time just about the same time the surpluses disappear from the markets. The only solution is to liberate (invade/regime change) Saudi Arabia. Peace will break out and we'll control more oil than anyone ever considered. And for you doubting Thomas's I have one word for you... Shaybah oil fields... it's more like an ocean of abiotic high grade crude. If the word ever got out on this reserve the price of oil would drop like a stone... and it should. Why are we letting it go on like this? Ask Sayeret Matkal, they're running America... into the ground.