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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
U.S. TAPS EMERGENCY DIESEL RESERVE AS PRICES HIT $6.32 The Trump administration will release 315,000 barrels from the Northeast's 1 million-barrel heating oil reserve as diesel prices surge ahead of the midterm elections. Diesel now averages $6.32 per gallon, according to AAA, amid disruptions linked to the Iran war. Deliveries are expected by November 13. The key takeaway: Washington is tapping emergency fuel supplies to ease pressure from soaring energy costs.
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