Prices for Diesel Fuel vs Gasoline
Recently, in Denver, I've been seeing diesel fuel for 20 cents a gallon less than gasoline. Is that the case in other parts of the country? Any explanation?
Forum Discussion
Regarding the drop in diesel vs reg gas... it is being driven by geopolitical pricing wars brought on by Saudi Arabia pumping like mad. In a lot of Asian and Middle Eastern countries diesel is imported and there is a spot market for it. Doesn't directly impact US diesel but does have an impact. I am expecting sub $2 fuel by xmas.
Overall this is related to a collapse in commodities driven by the "realization" that the economy is in deep doo-doo. If you want to read about it in layman terms look up Harry Dent.
Overall this is related to a collapse in commodities driven by the "realization" that the economy is in deep doo-doo. If you want to read about it in layman terms look up Harry Dent.
