This “Diesel-Powered” Dividend Is Up 400% (With a Big Hike Likely in ’23)

26 days. That’s how much diesel America has in its collective tank. Imagine that: a fuel that powers the shipment of goods pretty well everywhere. And only 26 days of it left. It’s a crisis no one is talking about. Except folks in the shipping business. Or those who’ve had to buy home heating oil (a diesel derivative) recently. Okay, I’ll admit I’m being a tad dramatic, as that 26-day figure is a rolling number: new diesel is added at one end as it’s burned at the other. But even so, the amount of diesel in storage has sunk to its lowest levels in 70 years. … Read more