03/25/2023
Ok, so I’m gonna describe a scenario right now that is a bit frightening.
The majority of all diesel fuel is distributed through three companies…. #1. Pilot. #2. Loves 3. TA/Petro.
As of Feb this year #1 and Number 3 are owned by foreign interests with the announcement of London based BP buying out TA. And nearly simultaneously the founder of Loves passed away. Statically children of a founder does not have the drive and passion of the parent and this companies often get sold off.
Now nothing wrong with the children divesting thier interest, but if in this scenario Loves also gets sold to a foreign interest, at what point do we start worrying about our country nation security interest.
I mean with nearly 85% of fuel supplies to trucking in foreign control. How easy do you think it would be to strangle the US economy…..?