[Vwdiesel] Diesel prices

[Will Taygan]

Official diesel price averages:
http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

US Gov't explanation of why diesel prices are high:
http://www.eia.doe.gov/bookshelf/brochures/diesel/index.html


Quote:

        Why are diesel fuel prices higher than gasoline prices? 

Until several years ago, the average price of diesel fuel was usually
lower than the average price of gasoline. In some winters when the
demand for distillate heating oil was high, the price of diesel fuel
rose above the gasoline price. Since September 2004, the price of diesel
fuel has been generally higher than the price of regular gasoline all
year round for several reasons. Worldwide demand for diesel fuel and
other distillate fuel oils has been increasing steadily, with strong
demand in China, Europe, and the U.S., putting more pressure on the
tight global refining capacity. In the U.S., the transition to
low-sulfur diesel fuel has affected diesel fuel production and
distribution costs. Also, the Federal excise tax on diesel fuel is 6
cents higher per gallon (24.4 cents per gallon) than the tax on
gasoline.
 

On Wed, 2008-03-12 at 07:57 -0700, Dave Cook wrote:
> I'll try that again.  I must have hit the "TinyURL" button twice and not realized it.
> 
> http://tinyurl.com/236nrq
> 
> or
> 
> http://www.nytimes.com/2008/03/02/business/02every.html?em&ex=1204693200&en=e669aa2b828d4e7a&ei=5087_
> 
> Dave Cook <davevw at yahoo.com> wrote: http://tinyurl.com/27gb6d
> 
> Interesting perspective on the oil companie's profits.
> 
> Scott Kair  wrote:  
>  Diesel hit $3.99 here, 120 miles south of Chicago, over the weekend.
> A number of factors are at work. As usual, the *lack* of refining capacity,
> or the lack of modernized refining capacity is part of the problem. Part is
> attributed to the added cost of refining ULSD. It's also still winter, so
> part of the bunker oil that could further be refined to #1 heating or #2
> Diesel is being allocated to #1 heating oil.
>  By far, though, the major contributing factors are the continued
> decline of the dollar against more sound currencies, well-founded fear in
> the futures markets that any of several major oil exporters could denominate
> oil in euros rather than dollars, continued antagonism between the Current
> Occupant and various oil producing nations and the cartel, and record oil
> company profits.
>  Scott Kair
>    
> -----Original Message-----
> From: vwdiesel-bounces at vwfans.com [mailto:vwdiesel-bounces at vwfans.com] On
> Behalf Of S. Shourds
> Sent: Wednesday, March 12, 2008 12:05 AM
> To: vwdiesel at vwfans.com
> Subject: [Vwdiesel] Diesel prices
> 
> I was just up in Chicago and saw prices of 3.999/gal.  That was 80 cents
> higher than gas.  Anyone know what's going on?  Barring that, anyone know
> where to buy sodium hydroxide for some bioDiesel?  Even then, the last deli
> I talked to said that they no longer had to pay for grease hauling.  Sounds
> like even the economics of that are shifting away from our favour. 
> 
> -Shalyn
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> 
> 
> Dave Cook
> AKA
> redcorradoguy
> vwwestyman
> vwdieselbunny
> dieselcabby
>        
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> 
> 
> Dave Cook
> AKA
> redcorradoguy
> vwwestyman
> vwdieselbunny
> dieselcabby
>        
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