Diesel is the largest cash cow in the refining industry and is one of the densest products that can be produced from crude, with heat content equal to or slightly greater than crude oil itself, making it extremely valuable; diesel and heating oil are among the highest-energy-density products that can be extracted from crude.
factualpending
Speaker
Art BermanEvidence Quote
“We need that in our refineries in order to produce things like diesel, which is the biggest cash cow in the world... diesel... can actually have a greater heat content or energy content than crude oil.”
Source
Arthur Berman: "Peak Oil - The Hedonic Adjustment" | The Great Simplification #54— Nate HagensCreated: 8/12/2026, 5:55:57 PM
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