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 > Price of Diesel

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SoCalDesertRider

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Posted: 02/20/12 08:30pm Link  |  Print  |  Notify Moderator

I just paid $4.21 for 87 octane gas today.


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2BLAZERS

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Posted: 02/20/12 08:41pm Link  |  Print  |  Notify Moderator

This reminds me I need to fill up every ATV tank, UTV tank, gas jugs, vehicles, and ATV fuel cans this week! Maybe even pick up a couple more 5 gallon cans to fill up. It's only going to get worse the next few months.


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Posted: 02/20/12 08:45pm Link  |  Print  |  Notify Moderator

2BLAZERS wrote:

This reminds me I need to fill up every ATV tank, UTV tank, gas jugs, vehicles, and ATV fuel cans this week! Maybe even pick up a couple more 5 gallon cans to fill up. It's only going to get worse the next few months.


I doubt the liability exposure from storing that much fuel makes up for the few dollars you will save. A quick peruse of your homeowners insurance policy will clarify my post.

ng2951

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Posted: 02/20/12 08:56pm Link  |  Print  |  Notify Moderator

Quote:

...Might be too late ,there is a real possiblity of it going to a west coast port terminal now...
Quote:

...From what I heard, Canada already cut a deal with China to sell them the oil...
I have not heard that yet though I sure the two are talking.

I am willing to bet that US will give Canada a better price than China would. If Canada sold to China, it would be because the US just wasn't going to play which would strengthen China's hand and demanding a better price on the oil.

The other question for Canada is whether they would want to risk a Valdez type incident on their West Coast or not. I am sure they would work out with China how to handle accidents, complete with insurance and assurance they would not hide behind their sovereign status.

The pipeline is a lot safer than shipping by tanker. The oil that leaks in a pipeline is what is located between the valves where the break occurs. It also is much easier to inspect and repair. A ship breaks up with a couple of million barrels of crude, you have a huge problem.

The easiest, cleanest, most reliable, safest, profitable thing to do is for Canada to sell its oil to the US in a pipeline. But Canada is not going to leave that much money in the ground.


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Posted: 02/21/12 12:39am Link  |  Print  |  Notify Moderator

Diesel here is @ $1.19/liter


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Posted: 02/20/12 10:07pm Link  |  Print  |  Notify Moderator

Really...Are you surprised.

BHO stated gas prices were likely to be over $5 per in his first term.

I'm still waiting for a 1 ton battery operated TV.

Wonder how long it will take for the Mod's to censor this one!!!???

Good day!!

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Posted: 02/21/12 01:55am Link  |  Print  |  Notify Moderator

gas here is $7-8 a gallon and diesel is always cheaper, around 5-8% because the govern wants to pay part of this for professional truckers. 70% cars are diesels heres.
80% of price gas here is taxes, direct or indirect taxes. The national taxes here is 18% and also the provinces taxs the gas with 2-5 cents each liter to pay public health debts. The good news: we have one of the cheapest gas in europe.
Just driving a V8 here is synonimus of millionaire....or crazy. I drive one and i am not millonaire

hone eagle

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Posted: 02/21/12 03:53am Link  |  Print  |  Notify Moderator

ng2951 wrote:

Quote:

...Might be too late ,there is a real possiblity of it going to a west coast port terminal now...
Quote:

...From what I heard, Canada already cut a deal with China to sell them the oil...
I have not heard that yet though I sure the two are talking.

I am willing to bet that US will give Canada a better price than China would. If Canada sold to China, it would be because the US just wasn't going to play which would strengthen China's hand and demanding a better price on the oil.

The other question for Canada is whether they would want to risk a Valdez type incident on their West Coast or not. I am sure they would work out with China how to handle accidents, complete with insurance and assurance they would not hide behind their sovereign status.

The pipeline is a lot safer than shipping by tanker. The oil that leaks in a pipeline is what is located between the valves where the break occurs. It also is much easier to inspect and repair. A ship breaks up with a couple of million barrels of crude, you have a huge problem.

The easiest, cleanest, most reliable, safest, profitable thing to do is for Canada to sell its oil to the US in a pipeline. But Canada is not going to leave that much money in the ground.


Once the oil goes to the west coast it will sold to the highest bidder. Just send your tankers
and we will fill em.
Better deal really,shorter run of pipe and more customers,America ALWAYS gets first dibs ,in fact a few years ago (and another administration) told the chinese to 'back off' when they proposed to pay for a oil teriminal,State deparment asked and Canada said sure ,china backed off.
Now new Canadian and U.S. governments face a new siuation .Canada will wait no more.
good story in the L.A.Times today.


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Posted: 02/26/12 06:32pm Link  |  Print  |  Notify Moderator

...saw it for $3.99 this morning and filled up...quickly... Also saw it at $4.09 up to $4.19 in this same area while driving around today...(one place had it for $4.03 cash)....


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NewsW

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Posted: 02/26/12 06:39pm Link  |  Print  |  Notify Moderator

I don't know the fit between refineries in California, Japan / Korea / China etc. and the ability to process the heavy Canadian crude if and when it makes it to the west coast.

It may mean retrofitting a lot of refineries before they can use it. It means money.

Alaskan crude is 31.9 d API and about .97% sulfur.

Canadian syncrude is a lot poorer in quality depending on what blends they sell there.

http://en.wikipedia.org/wiki/List_of_crude_oil_products



What is really getting me worried:

Diesel fuel prices in parts of North America that normally have high prices because of diesel demand in Europe --- are seeing modest prices.

If diesel demand is weak in Europe, that is really not a good sign.

* This post was edited 02/26/12 08:23pm by NewsW *

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