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Old 05-09-2022, 10:33 AM   #1
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Why are diesel prices rising above crude and gasoline?

Never thought I would see the day that diesel prices would be a dollar more than premium gasoline. The attached article attempts to define some of the possible reasons. Obviously, it does not change anything materially and I learned long ago not to believe everything I read. That said, a wise man once told me, "If all else fails, go find a fact" For what it is worth, I found this interesting and thought others might too.

https://www.freightwaves.com/news/di...-stay-that-way


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Old 05-09-2022, 04:04 PM   #2
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Demand vs supply costs.
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Old 05-09-2022, 04:43 PM   #3
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Because the rest of the world depends largely on diesel. They will pay more so we have to pay more in order to get it. Like the man said supply & demand. Not producing enough of our own isn't helping I am sure.
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Old 05-25-2022, 09:03 AM   #4
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I found this video interesting, not for the side commentary, but the testimony from the CEO of PFJ. I have not been able to locate a transcript or video of Mr. Konar's entire testimony.


https://youtu.be/BjsUkFUU2BA
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Old 05-25-2022, 09:58 AM   #5
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Diesel is lower on the distillate scale than gasoline and up until 2006 was less expensive than gas. In 2006 the EPA mandated ultra low sulfur diesel. Diesel prices went up while refinery's retooled for low sulfur. Most of us thought prices would go back down once the adjustments were made. However, prices never really recovered.
It's unfortunate as this country runs on diesel. Trains, ships, and class 8 trucks all run on diesel so the demand is high.
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Old 05-25-2022, 10:36 AM   #6
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Quote:
Originally Posted by vito.a View Post
It's unfortunate as this country runs on diesel. Trains, ships, and class 8 trucks all run on diesel so the demand is high.
And don't forget the farmers that produce the food you eat.

Nearly all depend on diesel power to get that farming done. They are the ones that are really hurting and deserve our thanks for keeping us fed.
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Old 05-25-2022, 12:45 PM   #7
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Here's an article that explains part of the problem.

https://oilprice.com/Latest-Energy-N...-Supplies.html
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Old 05-25-2022, 01:49 PM   #8
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Here's an article that explains part of the problem.

https://oilprice.com/Latest-Energy-N...-Supplies.html
Should be required reading for everyone.
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Old 05-26-2022, 04:28 PM   #9
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Here is what appears to be the complete testimony of Mr. Konar, of PFJ.


https://youtu.be/4ixwCrRFK-I?t=408
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Old 05-26-2022, 05:08 PM   #10
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Well, some of us no longer work, so there'll be no rations for us.
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