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  #1  
Old 10-01-2004, 09:38 PM
Coming back from burnout
 
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Angry Why the h___ is Diesel a $1.97 now?

The last time I looked it was only 1.65 and the cheapest fuel on the market..I realize there are always market fluctuations that come and go, but for this one, I can find nothing in the economic forecasts that explains it...I hope this isnt a long term thing...maybe it is time to go biodiesel or veg oil,,

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  #2  
Old 10-01-2004, 09:41 PM
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Quote:
Originally Posted by Carrameow
The last time I looked it was only 1.65 and the cheapest fuel on the market.....
Have you been in a coma for a couple of months, or what? It's been rising steadily since the middle of July!
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  #3  
Old 10-01-2004, 09:44 PM
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Paid 2.17 this morning. Getting my gasser out of mothballs this weekend.
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  #4  
Old 10-01-2004, 09:46 PM
84300DT's Avatar
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Exclamation diesel prices skyrocketing

just paid 1.99/gal - local price seen 2.29
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  #5  
Old 10-01-2004, 09:49 PM
Marshall Booth
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Quote:
Originally Posted by Carrameow
The last time I looked it was only 1.65 and the cheapest fuel on the market..I realize there are always market fluctuations that come and go, but for this one, I can find nothing in the economic forecasts that explains it...I hope this isnt a long term thing...maybe it is time to go biodiesel or veg oil,,
Crude is selling for more than $1/gallon and that's before it's transported, refined, distributed and sold to you! Then there's $0.25-0.50 tax per gallon. I'm surprised it isn't $3/gallon!

Marshall
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  #6  
Old 10-01-2004, 09:52 PM
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Talking Have you been in a coma for a couple of months

[B]Have you been in a coma for a couple of months, or what? It's been rising steadily since the middle of July![/B]

No it did not, it jumped and heaved from a 1.60 to 1.72 to 1.85 and didnt rise steadily, I have my vehicle log book to prove it.
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  #7  
Old 10-01-2004, 10:10 PM
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whoops

OK, it jumped and heaved from $1.60 in the middle of July (or possibly earlier) to the current price of $2.00. But, whatever it did, it did not happen overnight, LOL.
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  #8  
Old 10-01-2004, 10:40 PM
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I just paid 2.25/gal in Mountain View CA.
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  #9  
Old 10-02-2004, 01:04 AM
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Around the corner from me, at the shell station the price of diesel is $2.59, that price is there since half a year, never changed. The Arco one block further, went up to $2.19 from $2.04 in the last two weeks.
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  #10  
Old 10-02-2004, 01:08 AM
123c
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I just paid $2.39 a gallon for diesel this afternoon...
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  #11  
Old 10-02-2004, 09:30 AM
mb123mercedes
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Carrameow.

That's nothing, I have seen a gasstation here in
Bergen county where they were asking $2.99/gallon.
And the station is supposed have bargain prices.

Gasstation STS.

Most gasstations here on average sell diesel for $1.95/gallon.
Where I go it's $1.92/gallon right now, used to be $1.65/gallon
2 months ago.

Louis.
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  #12  
Old 10-02-2004, 11:40 AM
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There's more diesel than gasoline in most crude oils, but I'm not sure why the price lagged so much.

The current run-up is a result of home heating oil inventory accumulation, I'm sure -- more fuel gets used heating homes in the Northeast than is used to power trucks in the winter, I believe.

I'd not park the diesel for a gasser unless the gasser gets better milage (mine don't!), and gasoline is about the same price here anyway -- or more, they both require premium.

Peter
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  #13  
Old 10-02-2004, 11:44 AM
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if all you are parking your diesels than it's better for people like me that will keep using the diesel. Less demand = lower prices
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  #14  
Old 10-02-2004, 11:52 AM
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I don't get why it's suddenly more expensive than regular gas. Diesel was almost always cheaper or about what mid grade unleaded was, not it's more than premium? That just does not click. And I don't buy that winter heating fuel demand crap, if you have plenty of demand, know you'll sell all you can make, are not haveing drastic shortages, you should be able to sell it pretty cheap, no worries of excess, it's already a captive market, etc, etc. Maybe I just have no head for business..

When I was 17 years old I drove a 78 Lincoln Continintal with a 460 that got 12mpg, I paid 78 cents a gallon for regular unleaded.
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  #15  
Old 10-02-2004, 11:58 AM
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Ah, but cude oil inventories are much lower than they were in the 1970s, and Hurrican Ivan held up quite a bit of oil delievery from oil drilling AND shipping in the Gulf -- remember, it's not possible to get a SuperTanker withing 100 miles of the coast in the US in all but one port (Bar Harbor, Maine, I seem to remember). They are all unloaded in the Gulf.

It's "watch the oil companies get filthy rich" time, boys. Welcome to the NeoRobber Baron age.

It's gonna get a LOT more painfull, and will never get better than it was a couple years ago.

I drove a 1962 Olds Dynamic 88 when I was 17, got 4-6 mpg, gas was $0.20 a gallon, and minumum wage was $1.25.

Peter

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1972 220D ?? miles
1988 300E 200,012
1987 300D Turbo killed 9/25/07, 275,000 miles
1985 Volvo 740 GLE Turobodiesel 218,000
1972 280 SE 4.5 165, 000 - It runs!
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