Diesel Price @ 66% of Gas

[45Kevin]

What is going on?

I see that diesel has just gone down to $0.809/l at the truck stop and gas has been selling at $1.214 for the past week.

How can this be?

That is US$2.80/gal. What is the cost in the US of diesel?

I save about $40 per tank now that I run diesel.

 

[mainlander]

And that's how it should be considering diesel is a by-product from making gasoline. It should be cheaper still.

don't complain, the politicians may hear you

 

[lowenbrau]

Prices are lower now than when all the freight companies and airlines added the fuel surcharge. They should be dropping them any time now eh?

 

[M John Galt]

http://tonto.eia.doe.gov/oog/info/wohdp/diesel_web_chart_combined_padd4.gif

 

[canucksafari]

I presume it is just because there is greater demand for gas. As I understand it, when you distill a barrel of crude oil you just don't get gasoline or diesel. You get petrolium gas, naptha, gasoline, kerosene, gas oil/diesel, lubricating oil, and heavy gas plus residuals of coke, tar, waxes, etc. out of the barrel. I believe that this was the reason for the creation of the gasoline motor. Gasoline was a pretty much usless by-product at the turn of the last century when the demand was for the kerosene.

So if you need to make 2 barrels of gasoline you are going to have a lot of the other products created that you also need to sell. Last year it really made no sense to me when diesel was near as expensive as gasoline. Perhaps some of the chemist on the board will be able to give a break down on the percentage of each substance comes out of one barrel of crude oil. Then someone can do the proportional math on what the demand is for gasoline as apposed to diesel in North America.

 

[mainlander]

I'm no chemist (I can mix rum and coke just fine though) but a couple of google searches found this picture from this website.

http://www.eia.doe.gov/neic/brochure/gas06/gasoline.htm

 

[gbcruiser]

Don't even try to analyse fuel prices, just enjoy buying diesel!! They price fuel or what the market will bear. If people still buy it, the price is right (to them).

There is no competition. There used to be (anyone remember PayLess Gas when it was independently owned?) but competition has disappeared from the retail fuel market. Now the only competition between gas stations is the sale price of a 1 litre bottle of diet Pepsi...

What else can explain four gas stations on the same street corner selling fuel for exactly the same price, right down to the tenth of a cent?

If fuel prices had any basis in reality whatsoever, the price of a litre of engine oil would fluctuate as often as a litre of gas. It doesn't. That tells us something is amiss.

In 1986 I could buy a litre of 10W30 engine oil for my '73 Celica for about $1.50. Today, the price is almost exactly the same.

 

[lowenbrau]

The demand for diesel always drops in the spring due to glut in fuel oil deliveries. The price rises again in the fall. This year, however it seems a bit extreme. I'm hoping for a 60 cent liter and an on-par exchange rate by July when I head to Alaska. I expect to burn about 1200 litres.

 

[bunja]

The demand for diesel always drops in the spring due to glut in fuel oil deliveries. The price rises again in the fall. This year, however it seems a bit extreme. I'm hoping for a 60 cent liter and an on-par exchange rate by July when I head to Alaska. I expect to burn about 1200 litres.

This makes sense, what is the difference between heating fuel and diesel (red dye)? My guess would be that there is excess of heating fuel stored and they are moving it to the pumps. In the end who knows but maybe even the oil companies like to screw people in different positions now and then.

 

[yotawheeler]

i remember seeing diesiel prices ABOVE gas prices at some point not that long ago...i think last summer, its stupid...and bunja i love it haha, maybe we should all go to the pumps wearing lipstick...then we can at least look good while were being f*cked

 

[wesintl]

diesel here (remaining about constant) at 3.19 usg. is finally cheaper than gas again. It's been a few years but with gas at 3.29-3.39 diesel comes in 10c cheaper.

 

[Tapage]

I buddy that works in Texaco years ago said to me that it'r more expensive prodice refined diesel ( apropiate for our use ) than produce gasoline .. right or not, I'm not sure.

 

[Moe R]

I found diesel in Plainville CT for $2.89/gal. Regular gas is $3.25

 

[hks3sgte]

In Los Angeles, I have seen diesel at about $3.00-3.10

 

[roscoFJ73]

Diesel has also become cheaper in oz and our prices are tied to the Singapore refineries for some reason.

Petrol has been dearer than diesel here for 10 years or more.

 

[slomatt]

Today in downtown San Francisco 87 octane gas was ~$3.61/gal and diesel was $3.09.

Makes me really wish I had a diesel, how much was the 4bt conversion again?

- Matt

 

[yotawheeler]

yea i know eh? really kinda makes you want to buy that beater 60 in town and do a heart transplant...at some point it might happen in mine...i cant bear the though of my dad having a diesel cruiser and me being stuck with the gasser for too long...

 

[Tapage]

Here iin Panamá 2.38 USD/gal Diesel and 95 oct about 3.28

 

[Lantec]

Diesel is 1.02 here while regular is hovering around 1.21-1.30

Works great for the BJ, not so much for my WRX

 

[nmbuckaroo]

in abilene texas unleaded $3.19 diesel $2.66 last week in ft. worth i paid $2.62 for 10% bio. first time diesel has been cheaper than unleaded since august 2004 i remember well because i bought my first diesel, a 2004 chevy duramax in july 2004 and two weeks later diesel surpassed unleaded. stayed that way until three weeks ago when i traded the 2004 off. started to go gasoline but stuck with diesel. suddenly price of diesel went lower than unleaded. hope it continues this trend.