Here I am

Diesel Fuel $3.79

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JHerrlich

Look what I found at Ikea...

  • JHerrlich
  • Replies: 4
hammersley

Greatest Drop if "Gas" prices in history!!!!

  • hammersley
  • Replies: 8
$3. 39 here in Bismarck, ND. Sad thing is I can see the refinery from my house across the Missiouri River. Haven't figured that one out yet.
 
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R-N-R said:
Europe pretty much screwed us by proving that people will pay the going rate for fuel. Now the US companies are simply jacking us in the name of "Global Economy". What I hate is the propoganda! Shortly before the hurricanes hit, I recall reading that we do not use the oil that we produce. Our oil is exported and we use imported oil. That all seems to have mysteriously changed when refineries shut down due to the storms.
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Well, there is one thing you must have missed. The port of Houston and the other related fuel tanker docks were damaged. The gulf was unable to receive incoming crude from the tankers, not just the damaged oil rigs we lost. We do process a large amount of crude from our own platforms, the problem with the gulf storms was it knocked out both the oil rigs and bottlenecked imported resources as well. There was no way to try to offset the supply when this happened. It will happen again if we don't do something about it.

Allowing the oil companies to primarily rely on one region for so much of our fuel resource dependency is what angers me more than anything. The US govt could have mandated that the facilities be spread out over numerous import regions to minimize the impact. That is the biggest flaw I see we have for instability in prices. The rest is just greed and the typical parasitic values that capitalism thrives on.
 
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Help me understand, though, why the dramatic increase is skewed so heavily toward diesel and not gasoline. If Mundgyver is right about the delicately balanced supply chain, it seems as though crude supply disruptions should affect diesel and gasoline more or less equally. Right after Rita hit, regular unleaded spiked here in southern CO and was slightly higher than diesel for a time. Over the last couple of weeks, that has reversed again and #2 diesel is running roughly 50 cents more than regular unleaded. I can see that heating oil could play a factor, but the NE isn't seeing cold weather yet (is it?) and surely heating oil distrubution must be factored into this supply chain.



My little conspiracy theory is that the price of diesel has historically been held lower than gasoline because its cost has a larger impact on the overall economy (shipping costs increase and consumers pay the price on goods). As long as gasoline prices were reasonably well behaved, drivers wouldn't squawk too much about pricing adjustments. Now it seems that line of thinking has been reversed. With supply disruptions and whatnot, it seems the gasoline vehicle owners are being protected at the expense of diesel even though that is resulting higher costs for other goods. As long as they aren't having to pay $3. 50-$4. 00/gallon at the pump they aren't going to complain as much.

-john
 
DKarvwnaris said:
Well, there is one thing you must have missed. The port of Houston and the other related fuel tanker docks were damaged. The gulf was unable to receive incoming crude from the tankers, not just the damaged oil rigs we lost. We do process a large amount of crude from our own platforms, the problem with the gulf storms was it knocked out both the oil rigs and bottlenecked imported resources as well. There was no way to try to offset the supply when this happened. It will happen again if we don't do something about it.

Allowing the oil companies to primarily rely on one region for so much of our fuel resource dependency is what angers me more than anything. The US govt could have mandated that the facilities be spread out over numerous import regions to minimize the impact. That is the biggest flaw I see we have for instability in prices. The rest is just greed and the typical parasitic values that capitalism thrives on.
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Thank you for explaining that for me, I appreciate it as it was really aggrevating me. :cool:
 
Here in Lawrence Kansas, fuel was $3. 19 on Monday, Tuesday it was 3. 49, Wednesday it was 3. 69, and stayed the same today (thursday). Scared to look tomorrow!

Robin
 
CTD 600 said:
Went from 3. 19 yesterday to 2. 99 today. 20 Cent drop Why? I dunno But I filled up as soon as I seen it under 3. 00



http://www.venturagasprices.com



http://www.pilotcorp.com/Locations/Travel_Centers/Complete_Pricing_List.aspx



http://www.flyingj.com/fuel/diesel_CF.cfm?state=ALL
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Yea, flying J in Resaca GA is down under $3. 18 now, It was still hovering about $3. 30 the other day. Our troops must have killed a few more playing cards in the deck of muslims.

North Georgia has been consistently the cheapest place for me to fuel up for years in the country. So much for that, now the area offers nothing for me stop for, except maybe a restroom :(
 
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The other day, the Flying J in Oklahoma City was at $2. 12/9 for reg. gas & $3. 12/9 for auto diesel. A dollar per gal. more for diesel!!! The interesting thing about this is that, traditionaly, OK. has had some of the lowest diesel prices, in the country. Usually much cheaper than where I live (Phoenix, AZ. ). At the same time, the Flying J in Phoenix was at $3. 07/9 for auto diesel.



I was able to find it in my neighborhood for $2. 99/9 at a Circle K. It's hard to believe that diesel is cheaper in AZ than OK. Never thought that would happen!!!



Joe F. (Buffalo)
 
So, what's the bottom line here for the near future concerning diesel fuel costs? I'm ready to order my new 06 and at . 80c per gallon more here (today) for #2, a gasser (I hate to even suggest :{ ) might be a viable option.



I guess diesel would be HS :eek: !!!
 
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filled up friday at the local phillips 66 for 2. 98. the following tuesday it was 3. 56 . then that afternoon after the nws said wilma would hit southern florida and not through the gulf it dropped to 3. 18 HMMMMMMMMMMMMMMM !
 
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IRNGOAT said:
filled up friday at the local phillips 66 for 2. 98. the following tuesday it was 3. 56 . then that afternoon after the nws said wilma would hit southern florida and not through the gulf it dropped to 2. 18 HMMMMMMMMMMMMMMM !
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I hope that news comes up here. Went from $3. 19 to $3. 65 today.



Dan
 
Diesel is $2. 99 in S. E. PA which is now higher than premium. Must be the need for home heating oil driving up the prices??
 
RGardner said:
$2. 99 would be lots better than here! $3. 36 and up and we live in the middle of the oil patch!
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Its already happening, we're starting to look at the positive side of still higher fuel prices from just a few months ago. Looks like the test of how much we'll tolerate is working for the commodities market. !

NExt season we'll be getting uptight about $5. 00 a gallon wishing for $3. 50 as a welcome reduction. >(
 
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Buyer's Guides
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What Makes Us Tick?
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