[Vwdiesel] Diesel fuel price drop

Lee Hillsgrove hillsgrove at adelphia.net
Tue Mar 18 19:12:00 EST 2003


>Last weekend the price of Diesel went from 1.77$ to 1.57$ overnight!
>The station across from it dropped theirs too. Not too bad for the midwest.
>Any ideas why?


  I saw on the national news tonight that crude oil went down in price, by
$9 a barrel, IIRC. They said that oil had been overvalued recently, and with
the thought that the coming war would be short, a price adjustment was in
order. At least that was their explanation for it.
 Funny how the price of a barrel of oil which has not even been refined yet
can have an immediate impact on the selling price of fuel already residing
in the underground tanks of a gas station, isn't it?  :-((
 Diesel is pushing close to $2 a gallon here in the Northeast, or at least
in central NH. I think I paid $1.85 for the fuel in my tank but most
stations were selling it for around $1.93 last week, it's up around $1.95 -
$1.99 last I checked. Of course diesel always goes up in the winter in this
area, because of "increased demand for heating oil".
 Whatever.  :-((

  Lee
  Oo-v-oO
  PP-ASEL
  KB1GNI




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