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Drilling Deep: The troubled refining industry that provides the market with diesel

Also on the podcast: The founder of a logistics startup surveys the pre-holiday supply chain

Photo: Jim Allen/FreightWaves

Truckers need diesel to operate and diesel comes out of refineries.

The U.S. refining industry is challenged by a drop in demand and weak margins. This week, it was reported that a large U.S. refinery has been put on the sales block. Will there be a buyer for it or will it go the way of other refineries that have been closed? Host John Kingston discusses that on this week’s podcast.

Also this week, our guest is Sam Agyemang, the co-founder of HaulerHub. It’s a new company in the business of linking carriers to shippers, and he has some views on the supply chain coming into the holiday season.

More articles by John Kingston

Drilling Deep: Why the grease at your pizzeria is impacting diesel

Drilling Deep: Biden administration calls for more oil

Drilling Deep: Saia, ODFL and KC Southern on Mehrotra’s mind

F3: Future of Freight Festival


The second annual F3: Future of Freight Festival will be held in Chattanooga, “The Scenic City,” this November. F3 combines innovation and entertainment — featuring live demos, industry experts discussing freight market trends for 2024, afternoon networking events, and Grammy Award-winning musicians performing in the evenings amidst the cool Appalachian fall weather.

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.