wow, that is a huge difference. 2.74 would be great. Still higher than i like to see but would ba a bit easier on the ol' pocket book ya know.
Downtime was indefinate last i heard, so who knows, but i also heard that BP isnt going to shut down the whole oil field if they dont have to.

 

All i have to say is... start watching the profet earnings by the big oil companies. they'll keep it down as long as they can..........

JoryLee

 

exactly, they will think they are going broke if they profit less the 100 billion this quarter. LOL.

 

First... I'll disagree that there's a lot more "big trucks" on the road now in yor 4-5 year period. Because of the rising fuel prices and other expenses, the foreclosures, and going out of bidness sales have about equaled if not surpassed the #'s of trucks being put on the road.

Aside from your example of Jet Fuel, you are right on target as to why diesel prices continue to rise. Although Jet fuel might be included in my below statement... I'm not sure... it's a matter of the refinement process.

I recently read an article during the time america was in a uproar about rising fuel costs and price gouging. This gentleman stated that OIL is now a world market... Where america and a few of the major countries used to be able to buy up as many barrels of the stuff as they pleased.. with so many other coutnries like china now buying lotsa the stuff, the competition is fierce.
He said china not only uses it for vehicles, but as power generation in some manufaturing and eletricity instances.

Couple these facts with no increase in refinery production of diesel, #2 fuel and heating oils such as K1 etc... and you find a country in a supply shortage. Gone are the days where cheaper refinery costs = cheaper fuel. Yes diesel, #2 fuels, and K1 kerosene are a lot cheaper to produce.. DEMAND is much greater than supply...

BIO fuels not just for diesel engines, but for all transportation should be the focus of this country now that oil is a major cost and short supply. But since "Big Oil" runs this country... our government and industries won't even think of looking at how countries like Brazil have gone GREEN! All the major automotive companies already build and supply engines for Brazilian consumers that run on their bio fuels... It's called a "flex" motor... and will run any fuel Brazil offers at the pump... including 100% bio fuel. Gee G dubya when ya think america might could get on board?

 

south east PA $$$3.24 cross the river to jersey and just payed 2.89

 

I concur... mostly. I believe there is raping. The EPA is raping us on a regular basis.
First they complain about pollution. Ok, fine.
Then they tax us arbitrarily to fix pollution. Not so fine.
Then they make laws to limit pollution, focused on whoever fights back least instead of the most cost effective sources. Really not fine.

Want an example? The new 6.4 diesel.
EPA demands particulate filters. Who pays? The buyers.
Ford makes a bigger, fuel hungrier engine to compensate. Buyers pay again, new engine and more fuel.
So now we're using more diesel, to make less pollution... anyone else see a contradiction?
In addition, the EPA says we can't make more refineries, drill in new locations, etc. Supply the same, demand up, and consumers pay again.

2nd example? You know that little gas price hike? You don't suppose that could be because the EPA demanded 10% ethanol before we has a cheap, renewable source (the alleged corn farmers solution) and distribution in place, do you? So now we're synthesizing ethanol at huge costs... to the consumer.

I like trees as much as the next guy. Hell, I refuse to live in a city. But you protect trees by not cutting them down and replacing them with concrete. When you let a bureaucracy decide your future they will make you pay for it.

 

Too bad you missed the epa discussion before it got locked. Check out "DODGE, DIESEL, and the EPA" in this forum.

 

Lol, my kinda people. Now if only there were a way to get objective, thinking people in the government instead of bureaucrats, power mongers, and others with their personal agendas. Sorry, on that note I'll step off my soap box. So when does the low sulfur go into effect? What are the rumors on the jump in diesel prices associated with it?

 

Wow, what a great thread. I can't believe I let DODGE in the topic keep me from showing interest. Those consumption arguments are great and I have had questions regarding this for years. Maybe if we ask nice enough, the mods will re-open the thread and delete a couple comments (worse case scenario). I know I have a couple thoughts...

 

Well, we were asked nicely to abstain from name calling and personal insults several times. (however yours truely never did any of the above mentioned, although I was mistaken in one post) However it is very hard to disguise a political thread for an environmental one. (as they are one in the same)Which sucks cause that is how they all turn out, locked. Right up til the last couple posts, the last 2-3 pages actually got to the root of both sides, and both had compelling info. Personally I never thought it was going to make it past page 1. Kwik killed it, so he would be the one to ask, Keith was watching it with a very close eye and was pretty leanient. Of course you could always start another one with a mod placing ground rules for arguements in post #1. If they get out of line, mod's step in and rectify what needs fixing. (which is what they do anyway, however if they know what is going to take place before hand, it may be easier to manage)

Ryan

 

And is it likely to have any effect on mileage in current trucks?

 

Here is where the EPA math gets tricky, they say less than 15%, but how many EPA estimated cars get what the EPA claims? (Ford told me a 7.3 got about 2mpg worse than a 6.0, we now know that its simply not true) Last time I saw on Dateline 1 out of 17 did. The ULSD is due out 2008 everywhere I believe. It is phasing in as we speak. Some owners in the 6.0 forum are already using it and reported no mileage loss. Time will tell.

Ryan

 

I have to agree with a lot of what has been said here,higher demand coupled with added production coast will always equal screwed consumer

 

$2.95 here and holding for the last week and a half, gas is inching down now.


Ryan

 

You want to know the sad part of this off topic discussion? It is simple supply and demand, nothing more. You want the price of fuel to go down, quit using it. Lower the demand and see what happens to the price. Not to get political here but even in the Clinton era, you could not find a car for 0% financing for 6 years. You did not have all the Family plan, X plan, Friends and family plan. Auto manufacturers are selling cars for less now than they did in 98. How can that be so? Wages are up, taxes are up, everything costs more, raw materials ect. ect. Simple, supply and demand, albeit because of the fuel prices, but it is still supply and demand. We are not buying, therefore the price goes down.

Ryan