More diesel news; when it rains............

[Turtle_n_Peeps]

More diesels bound for US market.

This sucks. Diesel is about 10 cents higher then regular around here. 🙂 If every soccer mom in the US gets a diesel it will drive #2 up, up, up and out of sight. :M

[elkhornsun]

Turtle n Peeps wrote:
More diesels bound for US market.

This sucks. Diesel is about 10 cents higher then regular around here. 🙂 If every soccer mom in the US gets a diesel it will drive #2 up, up, up and out of sight. :M

Supply and demand has little to do with the price of gas or diesel in the USA. Fully a 30% of the cost goes to the same Wall Street speculators that tanked the US economy. Another 15% goes to fuel taxes.

The automakers are moving to diesel to improve their fleet average MPG to meet Federal CAFE requirements while still selling larger and heavier and more profitable trucks and cars. Overall I see it as very positive as it could mean more gas stations selling diesel. In the western USA about 20% of the stations have diesel and many at higher than premium prices as there is no competition in their area.

The real cost of motor fuel is the $3 trillion wars we are fighting for the international oil companies so they can exploit the energy resources of Afghanistan and Iraq. And there will be the cost in future years of treating millions of vets with cancers caused by our military's use of radioactive ammunition.

[The_Mad_Norsky]

On the bright side, the first new refinery built in the US since 1973 IS under construction in North Dakota.

Being built in the SW area of the state, near Dickinson ND.

Due to the Bakken oil boom there, the plan is for this refinery to specialize in production of, drum roll please :B , diesel fuel.

Many do not know, but diesel fuel is one of the substances used in the fracking of all those oil wells being drilled in North Dakota. In addition, anyone traveling in western North Dakota can surely attest to the incredible number of semi trucks operating in the area, which also need the diesel.

So perhaps with a local source in place for Bakken operations, the diesel supply will loosen some for the rest of the country, and hopefully, keep the price at a decent level.

[I_am_still_wayn]

With the price of diesel higher than gasoline in most parts of the country, diesel engine option costing a significant amount, the cost of oil changes and other maintenance higher, and gasoline engines now achieving impressive MPG's, there isn't a pay back on the diesel until usually 150,000 miles plus!!!!!!

[midnightsadie]

well now that were about to fight in another country AGAIN, oil has rose to a all time high gas should hit $4.a gal real quick. yet the news guy say we export more oil than we import.

[sh410]

skyhammer wrote:
Here in NW CA., diesel has been 5 cents cheaper or the same as regular gas since Jan.

Your turn is coming:(

[Skid_Row_Joe]

Turtle n Peeps wrote:
More diesels bound for US market.

This sucks. Diesel is about 10 cents higher then regular around here. 🙂 If every soccer mom in the US gets a diesel it will drive #2 up, up, up and out of sight. :M

Isn't this supposed to go in the stickys Fuel Complaints thread? :S

[skyhammer]

Here in NW CA., diesel has been 5 cents cheaper or the same as regular gas since Jan.

[352]

Wow, you should be so fortunate. Here it is $.50 higher. It was not to long ago it was $1.00 plus higher than regular.

[downtheroad]

Or maybe they will start producing more of it and the price will go down.

Seriously, you are probably correct. What commodity ever really goes down in price or value over the long term?