Fuel Crunch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

America’s diesel shortage is worsening as distillate inventories crash to multi-year lows

Diesel is reportedly being rationed in China amid the ongoing energy crisis in the country. This ongoing energy crisis is expected to disrupt the global supply chain and result in a rise in commodity prices.

Some people waiting over a mile just to get bottled water. governor abbott says 440,000 people have registered for fema assistance. the corpus christi ship channel is back open. the energy secretary says approving up to 4.5 million barrels of oil from the strategic petroleum reserve will help ease any fuel crunch. that did help do something we haven't seen in a week. gasoline futures closing down today 2%. that is the first drop we've seen in nine sessions. the retail gas situation does show a speak. we are up 17 cents a gallon in the last week alone. now we go to rich in texas where the rescu...

And tunnels, those are that open. since this morning, only cars carrying three people or more have been allowed to enter manhattan. residents are also in the grip of a massive fuel crunch brought on by power outages and limited fuel deliveries. people lucky enough to get gas through gas stations, well, they've been facing lines two miles long as well. msnbc's richard lui joins us. there again, another line. what are people telling you there, richard? >> reporter: hey there, tamron. you know what they're saying is when can we get some gas? this line is so long, it is two towns long, it's that f...