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Open Roads Forum  >  Tow Vehicles

 > Diesel prices tumbling!!

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Cummins12V98

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Posted: 06/13/12 06:48pm Link  |  Print  |  Notify Moderator

solman wrote:

It could be BS but I was told making the diesel fuel into low sulfer formulation is part of what raised the diesel prices.


That is true, also government over regulation, taxes, no drill policy. So on....


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longrider1100

Ohio

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Posted: 06/13/12 06:56pm Link  |  Print  |  Notify Moderator

Central Ohio cheapest today

gas $3.74

diesel $3.57


Time to camp.

MackinawMan

NW Ohio

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Posted: 06/13/12 07:03pm Link  |  Print  |  Notify Moderator

Diesel was 15 cents a gallon cheaper at a gas station here in NW Ohio. This is the first time I can remember it being cheaper than gasoline in a LONG LONG time.


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214mrj44

quinlan,tx.

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Posted: 06/13/12 07:11pm Link  |  Print  |  Notify Moderator

Yesterday wallworld Pensacola,fl.$3.34 for diesel.

Snow_King

Gold Canyon, AZ

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Posted: 06/13/12 07:47pm Link  |  Print  |  Notify Moderator

Cummins12V98 wrote:

solman wrote:

It could be BS but I was told making the diesel fuel into low sulfer formulation is part of what raised the diesel prices.


That is true, also government over regulation, taxes, no drill policy. So on....


That is flat wrong. US is third largest producer in the world.
http://en.wikipedia.org/wiki/List_of_countries_by_oil_production

We have an excess of product at the time and are exporting finished product to other parts of the world, as demand is low in the US at this time.

Market speculators are the major cause of high prices in recent times. Trade was deregulated from 1997 to 2000 by request from done other than Enron!!!

http://www.nytimes.com/2002/02/09/busine........ed-statehouse.html?pagewanted=all&src=pm

Blaming this on "government over regulation, taxes, no drill policy" has no bases in fact, and is Polit..al spin!


Somewhere in a Fifth Wheel - Where it does not Snow

Wills250psd

walnutcove NC

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Posted: 06/13/12 07:10pm Link  |  Print  |  Notify Moderator

I dont think $3 anything is cheap, I would like to see $2 a gal that would be fair, and $1.50 is cheap. JMHO.

MrRetired821

Texas

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Posted: 06/13/12 08:25pm Link  |  Print  |  Notify Moderator

Just paid $1.51 liter for diesel in Fort Nelson BC. Most I have ever paid for fuel...


Smokey&Bobbye

Paul Clancy

BC Canada

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Posted: 06/13/12 08:17pm Link  |  Print  |  Notify Moderator

Snow King is correct. Diesel prices are supply and demand (refineries going off line, winter heating oil etc)and speculators driving prices. Prices went sky high and were projected to go higher by speculators playing on fears of war with Iran -that didn't happen and prices dropped. Diesel/gas prices in the US are cheapest on the planet except in countries where the gov heavily subsidizes (pemex). Many in other countries would say you are very lucky indeed. Enjoy it while it lasts. Myths are fun, facts are boring.

Snow_King

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Posted: 06/13/12 08:59pm Link  |  Print  |  Notify Moderator

Cummins12V98 wrote:

Sno King

What does #1 have to do with added cost to produce ultra low sulphur fuel? That was his question and I answered it and added to it.

I won't even open a link from the NY Times!

No spin zone here.

I am sure most on here will agree with my statement.


Well here is another link for you then. Koch Oil

Cummins12V98

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Posted: 06/13/12 07:56pm Link  |  Print  |  Notify Moderator

Sno King

What does #1 have to do with added cost to produce ultra low sulphur fuel? That was his question and I answered it and added to it.

I won't even open a link from the NY Times!

No spin zone here.

I am sure most on here will agree with my statement.

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