Diesel prices going down??

[jhenderson]

Your savings will go directly to the tax man for low/ no interest loans to prop up the oil industry til Russia cries uncle.

 

[Wayne M.]

I’m showing $1.99 at a no name in Wilmington Delaware. 2- 2.35 across Jersey, on Gas Buddy.

 

[OLEJOE]

$2.29 here at one of the highest places around but everywhere else is still higher. Really weird how much difference the prices are in the same locales. GasBuddy is your friend. Fuel could be 50 cents a gallon cheaper just around the corner. Wish I had a skid tank.

 

[seafish]

$2.29 here at one of the highest places around but everywhere else is still higher.

Where is "here"? LOL

 

[RBeard]

$1.89 in Ellinger, Tx (between Columbus and LaGrange)

 

[NIsaacs]

I took this picture of our little local country store on Sunday. I saw on the news that in London, KY., gas was under a dollar, first place to do so.

 

[seafish]

Here is update on the underlying forces that should push oil prices even lower--

https://finance.yahoo.com/news/oil-60-crash-tip-iceberg-060000437.html

To summarize, due to lessening demand and huge production oversupply , wholesale oil prices are selling air a substantial discount to even posted crude prices. Sometimes as low as $12/barrel.

 

[Wayne M.]

Around here the gasoline prices are really tumbling to where I didn’t think they’d be ever again. For some reason, Diesel is lingering.

 

[Tractorat]

Dont expect it to last too long. And I bet we see new highs when it comes back up.

 

[JR]

I just threw 150 gallons of #2 at my aux tank at home @ $1.89 courtesy of my new EFS fuel card I learned about right here on TDR. Posted pump price at time of purchase was $2.65.

 

[elephantrider]

down to $2.09/gal here in round rock.

 

[CAROLINA CUMMINS]

Another vote for Gas Buddy. I've used it quite a while, especially when traveling.

Cheapest diesel in my neck of the woods $2.15 so far - but varies quite a bit. On my regular route home cheapest $2.29. Still a lot of stations in $2.60-2.80 range? Regular $1.53

Our terminals that buy bulk are paying $1.55-1.60 for diesel right now.

 

[TFucili]

This morning at the Maverik in Wickenburg, diesel $2.32, and reg gas $2.15.

 

[Cummins12V98]

East side DFW, TX

 

[marathon]

$1.899 in Walkersville, MD

 

[OLEJOE]

Where is "here"? LOL

North Louisiana. Interstate 20. Sorry for the lag responding. Been trying to get my garden planted.

 

[seafish]

Yet another Oil update--

LOL...I want someone to pay me to fill my tank for a change ??

As cost of crude oil production and storage stays high and prices remain low, we might even see NEGATIVE barrel prices !!!

From Canada--

https://news.yahoo.com/oil-hits-us-...open-when-prices-turn-negative-172104653.html

 

[AH64ID]

Prices are holding steady here. I’d like them to drop before Monday night.. I’ll be filling my Titan 55 gallon tank to check for leaks

 

[seafish]

Prices are holding steady here. I’d like them to drop before Monday night.. I’ll be filling my Titan 55 gallon tank to check for leaks

You might still get lucky, but IMO there has ALWAYS been a disconnect between how rapidly fuel prices rise when crude goes up in price compared to how slowly they drop when crude goes down in price.

Of course in CA we pay about .75/gallon just in taxes .

 

[TFucili]

Yup, up by the dime, and down by the penny.