Diesel Prices?

[TurboDiverArt]

Why are diesel prices going up while gas prices are coming down or at least staying the same being that it's the middle of August?

2 months ago I was paying $1.65/gallon while gas prices were almost $2.00 for regular. Now I'm paying $1.74 and gas is $1.81?

Does the winter fuel hike start this early?

Thanks,
Art.

[catmandoo]

i'd like to know that myself,i see the other day they were talking 50 bucks a barrel for oil and possibly 60 by the end of the year,so price will definatly go up .

[markrinker]

I have seen diesel HIGHER than gas more than once recently. Top I've paid was $1.81 gallon self serve.

[Basshopper]

I would be glad to pay $1.81 you midwesterner be gratefull you don't live out here on the west coast at $1.95 to $2.05 of course they pump it for you

[tbuck]

Just got back from a trip to So. Cal. Last year, diesel prices were 25 cents a gal cheaper than gas. Not so this year :mad: Most of the time it was the same as mid grade and a couple times I paid more than premium gas :eek:
Now I don't complain about paying 1.97 for diesel up here.

[john8662]

Yep, I don't understand why they seem to be gouging the diesel owners again. Gas is cheaper than diesel here In Lubbock, TX. The lowest I have paid in a week or so was 1.81/gal I have seen 1.88/gal diesel, while gas is 1.79 unleaded.

[ToddMeister]

Winter is coming....might be a shortage of heating oil <LOL>

[Spindrift]

We just got back from a trip to south central VA and, hang onto your FSD's now, I paid $1.53 for diesel.

[FarmerDale]

I was thinking about starting a similar thread. I just paid 1.909 at local card-trol for B2 biodiesel. It's 50 cetane, so certainly works well in the 6.5, but also is .09 over the unleaded price. To quote a local energy newsletter,
Well, the petroleum markets have continued to ratchet up mostly due to the situation in Iraq. Last week a couple of oil pipelines were blown up adding to the unrest. In Russia, their largest oil company Yukos, is having financial problems. They owe the Russian government billions of dollars in back taxes and the government is threatening to shut them down. This only adds to the reasons for prices to stay strong.As a farmer, all fuel prices are way too high. Red dyed fuel is 1.42/gal and will need over 2000 gal to do harvest. Lp for for the corn dryer is at 1.00, and growing conditions point to using a lot of that also.

[moondoggie]

Good Day!

I thought I heard somewhere that what's really driving oil prices is folks speculating in futures markets (or whatever, investment stuff goes WAY over my head :eek: ).

Capitolism is the best system the world's ever come up with, but without morality, it doesn't work.

Blessings!

Brian Johnson, #5044

[markrinker]

Amen, Moondoggie!

Personally, I find little to no value in market speculation. It takes a good system meant to raise capital for business venture, and turns it into sport for the wealthy.

IMO, we could make the markets more stable by placing regulation on activities that do not constitute investment in our economy, just speculation based on short term market fluctuations.

Leave that behavior for casinos and your local sports bookie.

[tanker]

What ever the public will bear! :rolleyes:

[jspringator]

It is about the time of year to switch some diesel production to home heating oil production, thereby lessening the supply of diesel fuel. Price is a function of supply and demand; supply goes down, price goes up.

[a5150nut]

Round here I'm seeing $2.13 to 2.27 for fuel.....

[catmandoo]

guess i won't be drivin my diesel sub to calif next week.

[mathewsw]

$1.89 in St Augustine, Fl. yesterday at the FLying-J. Higher in town. :eek:

[Dvldog 8793]

Howdy
Northern MN, 1.71/gal. I noticed that over my state the price can change by as much as .15 depending on location and demand. We have ALLOT of people with logging trucks and other diesel vehicles and the price of diesel always follows the gas trends but it seems to take alittle longer.
L8r
Conley Janssen
USMC 87-93

[Beedee]

Well guys, up in my part of the world, I'm paying around $0.86 a liter. So that works out to around $3.44 for a US gallon. Factor in the exchange rate ( I used 30% ) and it still works out to around $2.41. :eek:
Thats why my other car is a 92 Geo Metro redface.gif redface.gif
Brian

[BuffaloGuy]

I've been wondering about the upside down price difference for years and found the answer in the Wall Street Journal awhile back.

The reason gasoline is sometimes cheaper than diesel even though it costs much more to refine gasoline (I've even heard of oil field hands filling up their diesel trucks right out of the pump tank) is because of Europe.

Europe's oil refineries produce way more gasoline than needed. When refining oil many different products are made, from road tar to jet fuel. Europe's refineries were built long ago and were configured to produce a high percentage of gasoline.

Later, the socialist governements that rule Europe began to tax the gasoline very heavily and folks started to burn diesel because it was cheaper. The reason it's cheaper is because when truck fuel gets taxed it puts a direct hit on the economy of a nation as it affects the movement of goods.

More diesel cars were made. Now about 60% of the cars in Europe are diesel. The socialists have managed to get the taxes up on diesel too so it's taxed heavily also but folks have found that diesel cars get better mileage and last longer so they are still preferred.

The refineries have an excess of gasoline and dump it in America for less than what our refineries can produce it for. Sometimes the excess is more than others and that is why the spread between the two fuels varies here in the US.

European refineries are aware that they are having to dump a valuable commodity but they are reluctant to spend the millions needed to refit their plants to produce more diesel and less gasoline. The socialistic goverments have way too many regulations and taxes and new standards they would have to meet should they attempt it. So they just keep things as they are.

The moral of the story is:

If a politician sounds like a socialist than he is (i.e. He wants to tax someone else to give you something). Don't vote for him.

If a politician is looking to Europe for answers. Be afraid. Don't vote for him.

If a politician says that we need a program to solve our problems. Be afraid. He is saying that he feels that we, the citizens, can't be counted on to solve our own problems and that the government must do it for us. Don't vote for him unless you feel helpless and incompetent.

If a politician wants to spend tax money on you but never mentions who he's going to take it from first. Be afraid - your wallets next.

Now you know the rest of the story.

Man, I feel better already ;)

[hump]

Last I checked here in eastern Canada, diesel was around $3.40 a US gallon. It's steep, but my wife spent 3 months in hospital having both of our kids and it did'nt cost a dime. Imagine how good we could all have it if governments did'nt waste so many of our tax dollars.

[TurboDiverArt]

Dome light won't go out


Just filled up at my usual Hess station, damn price jumped up 3 cents again from last week. $1.77 now, damn! Costing me $50 a week on fuel.

Art.

[turbovair]

Just filled up here in Phoenix. Price was 2.05 a gallon(Texaco). Cost $40 to fill up and the gauge needle was slightly ABOVE 1/2 tank. I hear that $3 a gallon for all types of fuel will be here this time next year.Cheers.

[rustypig]

Haven't seen it cheaper than $2.19 gal around here for more than six months....N Cal, between San Fran and Sacramento area. OUCH..Do they make a diesel motorcycle?????