Diesel nearly DOUBLE the price of gas

[deezler]

Whilst waiting for a pump to open up at my local station the other night, it occured to me to document this current pricing disparity. I can't say I can ever recall one fuel type being HALF the price of the other. Really seems like total Bu!!**** for diesel vehicle drivers, frankly. It's not like the % breakdown of crude oil cracking can be altered very much, or that diesel demand is super strong while demand for gas fell off a cliff. So what's really behind the current disparity?

The guy in the brown F150 was busy excruciatingly draining the last 8 cents of fuel out of the hose into his tank. Despite being in the woods on some acreage, I don't live in the best 'hood. Lots of times at this local corner station, I pull up to the pump and see that the prior customer only bought 5 or 10 dollars of gas.... kinda sad.

 

[ponytug]

Well, it is the holiday season, and yes, nationally diesel demand is high.

Gasoline and Diesel Fuel Update

Gasoline and diesel fuel prices released weekly.

www.eia.gov

You are lucky to have exceptionally cheap gas.

All the best, Peter

 

[deezler]

Just heard from a coworker that he found gas for $2.33/gal this morning (again, not in a great neighborhood). Meanwhile in our affluent cities and neighborhoods, gas is still $3.49/gallon. Wild disparities in pricing all over the region currently.

(it's not really luck...., it's choosing not to live in california LOL).

 

[old and tired]

Gassed up yesterday, $2.59 / gallon... I can hold off on buying diesel for a few months... mainly, we are not in the mountains in the wintertime

 

[MossRoad]

I just got done assisting the refueling of about a dozen diesel generators. The off-road diesel was down to $3.39 last week if buying 2000+ gallons, which we did.

 

[jaydee325]

Could be that gasoline mostly supports transportation. Diesel (fuel oil) on the other hand supports transportation as well heating homes and other buildings during the winter plus agriculture and construction.

 

[ericm979]

While they both start from crude, diesel comes off a different production line than gasoline. It's not like they can flip a switch and make less gas and more diesel.

I wonder if there are some diesel production lines that are "down for maintenance" like happens in California's isolated fuels market whenever the refiners want to bump profits up.

 

[Snobdds]

Drove by the Schlumberger yard, which is at the intersection of the BNSF and UP lines. The largest Schlumberger yards outside of Texas, and it was almost full of drilling rigs.

It looks like the Feds shut down the leasing again or put out leases that make no sense...even in $90+ oil environment.

Expect pain to continue now and well into the next few years. This includes natural gas.

 

[wawajake]

It has been at least 18 mths in Canada for extreme diesel pricing, so its not maintenance and its not time of year, it seems like greed to me !!!!

 

[bcp]

Compare state average prices:

AAA Gas Prices

Bruce