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The US Has Shockingly Low Reserves Of Fuel Heating Oil Heading Into Winter, Lebanon Completely Dark
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Industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand.
The latest concern is ultra-low stockpiles of heating oil (distillate fuel oil). In the winter of 2019–2020, about 5.5 million households used heating oil as their primary heating source, and 81% of those households were in the Northeast.
Energy Information Administration (EIA) reports there are only 31.2 days of the demand for heating oil, the lowest levels since 2000. Which is strikingly low considering we are heading into colder temperatures.
Another shocker is the number of nations going completely dark.
On Saturday the entirety of Lebanon was plunged into darkness, with the electricity grid shut down completely after the small Mediterranean country's two main power stations reportedly ran out of fuel. "The al Zahrani and the Deir Ammar power stations stopped working after supplies of diesel were apparently exhausted, and energy production dropped to below 200 megawatts," Sky News reports.
A Lebanese official has confirmed to Reuters that the blackout is expected to last multiple days. "The Lebanese power network completely stopped working at noon today, and it is unlikely that it will work until next Monday, or for several days," the official said.
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