Local Diesel Prices

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$4.02 US/GAL in Moscow ID today
 
Am I the only one to have noticed that, apart from a few exceptions, the cost of fuel is more and more related to speculation and less and less related to local market conditions?

For example, there used to be a much larger variation in prices between Canada and the US than there is now: when diesel fuel used to cost $0.90 per liter in Montreal, I would be able to fill up in Maine for US$1.15 per gallon which is almost three times cheaper. Now it's more like one and a half to one...

This seems to indicate that a much greater proportion of the cost at the pump now comes from speculation rather than the cost of the raw material itself.
 
supply and demand
we demand, they supply ... once they hit the magic number for cost then the demand will lessen

and

they will start all over again.
 
As low as $1.13.9 perliter in Cowtown this week.

The high/par Canadian dollar is what is making the cost between the US and Canada smaller. Our fuel will always be higher because we have more tax built into our price.

I am concerned that the cost of diesel has been higher than gas for well over a year here in Canada, where as it has been higher in the US for several years.

I don't think it will go below gas again.
 
right now it is $1.28 for diesel and $1.28 for regular
most of the time diesel has been lower in Ontario (my area) than gas. anywhere from a couple cents to 11 cents last fall.
maybe it is supply and demand in Alberta that is keeping the diesel high??

the last couple months it has been higher for diesel than gas, this is rare here ... is all i am saying
 
The high/par Canadian dollar is what is making the cost between the US and Canada smaller. Our fuel will always be higher because we have more tax built into our price.

Very true... I had forgotten we've become a major oil producer now since the tar sands have started to be exploited... That explains our strong dollar and why Canadian fuel prices are inching towards those in the US...

So in that vein we could say that what it shows, after all, is how bad things have turned out in the US over the past 15 years!

I am concerned that the cost of diesel has been higher than gas for well over a year here in Canada, where as it has been higher in the US for several years.

I don't think it will go below gas again.
That is definitely related to the fact the US is a net importer of Diesel. I have a brother in law who worked for a US oil company, he explained to me that nowadays a larger proportion of oil is turned into gasoline in the US so there is less left for diesel, whereas foreign demand for diesel has increased significantly, especially in Europe and China, hence the sharp rise in diesel fuel prices.

As for prices here, it is has been my experience in the past 6 years or so that diesel is more expensive in winter and cheaper in summer, as a direct consequence of use for heating in the winter months. In contrast, gasoline rises a lot in summer months as more people hit the road for vacation travelling.

Will we see diesel prices getting comparatively better? I'm afraid not. I can remeber when gas was 49 cents a gallon (imperial - that's about 11 cents a litre), when average wages were $2.50 an hour, an average car was $3,000 and an average house was $20,000. Now, an average litre of fuel is $1.35, average wage is $15 an hour, an average car is $15,000 and an average house is $200,000. In other words, while wages and cars have increased by a factor of 6, fuel costs have increased by a factor of 12 and housing has increased in a similar fashion, as these resources are declining and population has been increasing.

How is it going to be when I retire? Will I ever be able to retire is more my concern, but anyway, if we don't switch to electrical power with its 70% to 90% efficiency rate from thermal energy with its dismal 20% to 35% efficiency rate and seriously consider reducing our consumption habits, we'll be in deep trouble.

By reducing consumption I mean, stop building single family houses that are big enough to lodge not only a family but all the relatives as well and that are lived in for only a few hours every day; stop spending a thrird of our waking hours commuting to crowd ourselves in a big city boxes using vehicles that weigh 20 times more than we do, wasting more than 70% of the energy required to move this huge mass in pure waste heat...

So, to answer your question... I don't see things getting any better for as long as our system rewards greed and power concentration instead of thrift and cooperation. We still have it good because we aren't so numerous in our country and have lots of resources; the problem is, we still think like it's never going to end and still waste most of it...
 
Diesel here in St. John's Newfoundland is at 136.4/L which tends to be about 11 cents more than regular. Not as bad as some but it could always be better. I just can't see why diesel is more than reg gas? I guess when we pay 2.oo /bottle for water the fuel prices aren't to bad.lol
 
1.349 diesel
1.319 Gas

Prince Rupert Petro Canada
Kinda sucks because the four places in town to get diesel are all Petro Canada's (boat dock, native gas station, gas station and a card lock)
 
Diesel is going to stay expensive as long as the US import demand is high. It means nothing that Canada is an oil producing nation. NAFTA locks us into the North American base market prices for energy commodities. NAFTA mandates that we can not subsidize our base fuel prices to offset taxes added to the end product. Thus we will always pay more for fuel than our friends to the South until that is changed in the NAFTA Accord. Ya, fat chance that will ever happen. NAFTA also locks Canada into supplying energy to the US even if our own national security might make us want to limit exports. We can only reduce energy exports if we reduce domestic consumption by the same amount. This image comes to mind...

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But hell, i love the smell and sound of a diesel morning, day and night. :D
 
NAFTA was such a good deal for Canadians....

Think they also got massive stakes to our fresh water reserves as well.

No wonder we have a reputation of being so friendly and soft spoken. We give away all out natural mineral and water stakes and do not raise a stink when it happens. But Yay go NAFTA sure has helped the US a lot, have yet to see any benefit to Canada or Mexico.... Oh other than both of them coming north and taking the jobs to procure those assets. Our country's bend over and take it with a smile political attitude is deplorable.
 
$1.17 diesel
$1.24 gas

this part of Canada must have missed the text that diesel is supposed to stay above gas ...
 
$1.17 diesel
$1.24 gas

this part of Canada must have missed the text that diesel is supposed to stay above gas ...

Wayne, I remember when diesel was 0.729/L and gas was 1.059/L - only 7 years ago. That was about a 30% price difference. Even with it being cheaper than gas in some places of Canada now, it has never returned to the 30% cheaper which it use to regularly maintain with small fluctuations due to the winter heating oil market.

On another note,I do remember reading an article in a newspaper a few years ago that looked at fuel prices in ON versus the rest of the country. It took into account taxes and still found ON fuel substantially lower than it should be. The usually arguements were floated, such as ON having a larger population and therefore a better economy of size. It also looked at the possibility of the prices being manipulated to encourage voter contentment with the Conservative party. After all, if you win ON, there is a very good chance you will have a majority government. Looking at how kind the Conservatives have been to the fossil fuel sector, it does look like a very plausible argument. Although I here that some ON foklk are not too happy with the idea of the reverse flow of oil sands bitumen coming through their back yard. ;)
 
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