Crazy Texas Diesel $ prices!

[msperos]

I remember the good old day's:{:{:{:{:{:{

 

[donnier]

IMHO, the price of diesel is the product of government doubletalk.

They are all trying to blame someone else for the problem without really trying to find out where the high cost problem really lies.



FWIW, the station down the street from me had diesel @ 4. 19 last weekend. I passed there yesterday and they had it posted @ 4. 55.

 

[16919]

5. 00 here we come...

 

[ToolManTimTaylor]

The average nationwide cost for diesel fuel has risen 27 percent in the last year to $1. 87 a gallon, according to the Energy Department.



Gasoline, diesel and fuel oil are refined from crude oil, which at roughly $45 per barrel has surged more than 60 percent in price in the last year.

Wow just a tad higher now eh?

 

[ToolManTimTaylor]

Associated press

updated 7:02 p. m. ET, Fri. , April. 25, 2008



HOUSTON - Oil's meteoric rise to near $120 a barrel looks like more than just another economic bubble — growing demand and tighter supplies are likely to keep prices high. Some analysts say even $200 a barrel would not be out of the question. Widely watched oil price prognosticator Goldman Sachs has said oil could average $110 a barrel by 2010, up from a previous forecast of $80, and that a spike as high as $200 a barrel is possible in case of a major supply disruption.