Yesterday I stopped at the local Hess to fill up the X. I paid $3.56gal for regular. While I was at the pump I noticed that Diesel was $4.59gal, my jaw almost hit the ground. I know fuel prices are high, but I couldn't believe that there is now a $1.03gal difference in regular and diesel.

 

Diesel in my town is $4.15/gal. and gas is $3.56/gal.

 

Yeah, that's a ripoff - I topped off for $4.22 on Saturday and regular gas is ~$3.65. There are still stations trying to sell $4.99 diesel but there are cobwebs growing on their pumps.

 

4.89 in upstate ny for diesel and reg. gas is 4.12

 

The cheapest diesel where I'am is 5.44 a gallon CND so quit complaining about paying 4.59 which is a 85 cent difference. Regular gas is 5.29 a gallon CND so a 1.73 difference from what you guys pay in the USA.

Fuel in the USA is considered cheap the CND gov't keeps adding taxes to our fuel next year they are adding more tax.

 

I think you misunderstood the intent of this thread. I wasn't complaining of the price of fuel, I know it's high. I was stating that I couldn't beleive the difference between regular gas and diesel fuel. Years ago diesel was .50 less per gallon around here now it is $1.00 more. Whether fuel was $1.00 or $10.00 the difference is what I am talking about.

As far as high fuel prices, most of the ones complaining have been living way beyond their means anyway. I have scrapped and saved for all my grown life living way below what others consider my means. So now the economy is bad and fuel is high it doesn't affect my lifestyle. If I want to go somewhere I fill up and I go.

 

It must be right around the area your at, I just filled up in Plano at a kroger and it was .40 more then 87. I've been used to that being the case for awhile now even before the recent unpleasantness at Wall Street.

 

I was so happy today to fill up today. Gas dropped to $ 3.67 a gallon in Boston . Only $67.00 for 18 + gallons !!! Do not miss those $125.00 weekly gas bills.

 

in mexico its 2.20 a gallon. the point is it still sucks.......

 

Tonight in my hometown gas dropped to $3.46 and diesel $3.99

 

FordxFore I understand the question and you are correct. However let’s apply the theory of supply and demand. I have the supply and I demand you pay. Just so your fuel bill does not look so bad the company I work for burns on average 20,000 gallons per day. Pay raise this year DON’T think so.

 

that's simplistic, and frankly, you maybe don't understand the open commodity trading system that sets crude and finished product prices. Anyone that has enough bux can buy a cargo, and sell it, on the open market. Some folks say (and I believe) that opportunistic trading has been a primary cause of our recent ramp up in prices. Certainly demand didn't spike in this timeframe...

In any case, if you want to blame the major oil co's (US), try not to look further than our gov't, that has for the last 20 years or so made it cost prohibitive for most domestic oil exploration and certainly expansion of refining.

I know, it hurts, particularly if you've voted for these democrats all these years...

Any good ideas for what to do now? vote for Obama and his "accelerated alternative energy plan"? That'll get him some idiot votes...

This posting violates FTE rules, so read it quick...

 

Yes and no. If you subscribe to the just oil bubble theory, then you have to believe China is a bubble and India is a bubble(there are others, but those are the biggies). That's alot of bubbles to bust in order for that to be true. I do believe that there has been a runup due to more people getting into the market for whatever reason(s), but I don't believe that it is exclusively a bubble that most are hoping for, but I could be wrong(I hope I am, but I really do doubt it, but time will tell)


Actually it did, especially with China and the Olympics going on right now, they bought in advance to make sure nothing happened with their supply during the Games. Some are predicting that China's demand might slack off after the Games because they were stockpiling for the games(hopefully so, there is some evidence to suggest this), but even if they don't after awhile they will have to because other markets that they supply are in a recession(even us, although right now Europe is the only market that has actually contracted, which is why the dollar rallied last week).

However, here is the kicker, we really won't know if this was just exclusively caused by an oil bubble until the markets getting going again and demand starts going again, then we shall see, til then it's just speculation as to what's going on.

 

memphis tn area, if you shop around you can find regular between 3.35-3.59, and i've seen diesel anywhere from 3.99 up to about 4.50

 

Bartlett it's 3.99 on 64(I think that's the exit right after Germantown, the road that abuelo's is on).