Local Diesel Prices

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I think it's coming. Over the last 2 yrs of spikes upwards and down with gas, I noticed the diesel is more stable. But also slow to decline.

I'm guessing it makes it way down, then gas spikes up again.

What I feel we are seeing here being reflected in the prices is the absence of investors/speculators bidding on the shares driving the costs up. We are now genuinely seeing the real price of oil. Time to lock the prices of the natural commodities in, just like other energy sources.
 
Esso: Outside Montreal, where fuel is a bit cheaper than in the city, it just dropped below $1. to 99.9 / litre.

Esso and no-name: In Ontario, last few weeks, between .82 and .86 / litre.

Sunoco, Native Territory, and no-name: In Upstate New York, between $2.79 and $2.99/US gallon.
 
John G, I did a fast (not so accurate, short distances) comparison. With a 2H, 4.0 litre diesel in a Mod. 60, at 120 km/hr., about 14 l/100 km. Filled up, slowed down to 100 km/hr., still about 14 l/100 km. What model and engine are you driving that gives you those numbers?
 
Cruiser-Randy said:
John G, I did a fast (not so accurate, short distances) comparison. With a 2H, 4.0 litre diesel in a Mod. 60, at 120 km/hr., about 14 l/100 km. Filled up, slowed down to 100 km/hr., still about 14 l/100 km. What model and engine are you driving that gives you those numbers?
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Summer and winter consumption is very different for short to medium distances with the 6 cyl diesels, there is a lot more to warm up before reaching combustion efficiency. The 1HD-T typically takes 10-15km to warm up to operating temp in -20C weather.

You also have to measure consumption under controlled condition for an accurate representation. Some days are way cold and or windy, that can affect consumption quite a bit.

Finally, you have to measure over a long distance, at least 250km, shorter distances will skew the results more because of fuel expansion in the tank. I reached 45MPG once with the 3B, on a 30km distance...
 
As for diesel proces, for those who don't know, check province_or_state_gasprices.com. there are a lot of people posting numbers, helps getting the cheapest prices. For those around montreal, there is also essencemontreal.com. Beware, sometimes the prices are not very accurate, but the wrong figures usually stand up.
 
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Cruiser-Randy said:
John G, I did a fast (not so accurate, short distances) comparison. With a 2H, 4.0 litre diesel in a Mod. 60, at 120 km/hr., about 14 l/100 km. Filled up, slowed down to 100 km/hr., still about 14 l/100 km. What model and engine are you driving that gives you those numbers?
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If you were referring to moi (see sig), it's a Nissan TD4.2. The 14-15L/100 kms was from Hope to Quesnel running at about 120 kms/hr when I could. Not the best route to compare fuel consumption becuase your climbing a fair amount. The 10L/100 kms was here in the flat Fraser valley mainly on the freeway with a little city driving.

Sunday diesel prices:

Husky, PG 96.9/L

Husky, Cache Creek 106.9/L WTH?
 
Wichita, KS just dropped quite a bit. :). Regular unleaded is $1.65, Mid grade is $1.75, Premium is $1.85, and Diesel is $1.83 a gallon.
 
St.-Jérome, QC, at Bélisle Diesel Depot, CDN$0.879 per litre, lowest reported price in the province last weekend. With our cannuck dollar at US$0.79 and 3.785 litres per US gallon, that's about US$2.62 per US Gallon. For the first time in over a year, diesel is pretty much at par with gasoline or only slightly higher.

With crude just below US$40 a barrel, from $145 last summer, we should be getting even lower prices, like we had several years ago, unfortunately our governments don't see it that way, and there is always the cost of refining. I am confident that the price will drop still in a couple of months or so, before it will pick up slighhtly for the summer.

I've been looking at it for a while now and believe the price of crude should setlle back around $80 a barrel, but I can't see that happening for another year.

The problem we are facing here is because oil prices gave dropped so dramatically, what has been good for consumers has been bad for business, in other words filling the tank is cheaper, but I've been less on the road than previous years as business in the real estate sector has slowed down significantly, and that's not counting the dramatic effect on provinces such as Alberta, whcih rely so heavily on oil production.

Does anyone here know what is involved in trading oil stock/futures? It would seem to me that it would be a good idea to buy oil stock now that it's so low... The problems I have seen is that it would seem that you need a lot of cash to do that... Any advice welcome!
 
83bj60 said:
St.-Jérome, QC, at Bélisle Diesel Depot, CDN$0.879 per litre, lowest reported price in the province last weekend.
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$0.837 @ the Metabetchouan-Lac-a-la-Croix, QC Flying J today?

$0.647 at the 5 Edmonton and area Flying J's today.
 
Well I'm glad you consider US$1.84 "really cheap"... I remember "not so long ago" paying $1.12 in Maine... I guess it's all relative :)

I read that in order to invest in oil, one needs to buy a minimum of 'one unit', which is apperently ONE THOUSAND BARRELS... Definitely out of my league!!! If I had that kind of money, I'd reinsulate my old house first!!!
 
Well .. actually when I bought my first Cruiser ( Tencha ) 12 years ago .. ( been so long ! ) the diesel here in Panamá was 1.10 usd/gal
 
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