MIT05

Champion Author
Massachusetts
Posts:4,147 Points:1,387,325 Joined:Aug 2008
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Message Posted: Aug 12, 2012 11:06:09 PM
$3.759 here
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HeavyDuty_cache

Champion Author
Omaha
Posts:12,964 Points:2,480,660 Joined:Sep 2005
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Message Posted: Aug 12, 2012 8:02:46 PM
I doubt that the OP will come back to see any responses. Post and run.
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Cummins2500

Champion Author
Iowa
Posts:3,128 Points:752,375 Joined:Jan 2007
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Message Posted: Aug 12, 2012 7:58:55 PM
Another reason diesel is high is because we export approx 45,360 gallons or more every day to other countries. FYI approx 35,000 gallons of the diesel we export is the newer 15 ppm ULSD.
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WEPSMAN

Champion Author
South Dakota
Posts:10,506 Points:2,021,935 Joined:Mar 2005
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Message Posted: Aug 12, 2012 9:21:30 AM
You made several points why it is so high. With the amount that is used, that keeps the price up. Also, with the mandate of ULSD, that added refining costs.
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PithyOpiner

Champion Author
Stockton
Posts:16,184 Points:1,593,545 Joined:Jun 2008
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Message Posted: Aug 11, 2012 11:04:25 PM
barjeman for economist of the year!!!
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hornet17

Champion Author
Vancouver
Posts:1,323 Points:440,865 Joined:Aug 2011
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Message Posted: Aug 8, 2012 9:44:15 AM
more diesel cars = higher prices for diesel.... people will pay and think they are getting a 'deal'.
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kupper24

Rookie Author
Lincoln
Posts:22 Points:15,375 Joined:Oct 2010
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Message Posted: Aug 8, 2012 9:36:46 AM
The cost is based on the Federal ULSD mandate, federal and state taxes and the speculative markets that drive the price of oil. Diesel really is less refined then gas but theses things and greedy oil companies drive the price.
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chemist74

Champion Author
Cleveland
Posts:13,510 Points:2,395,980 Joined:Apr 2005
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Message Posted: Aug 8, 2012 8:20:10 AM
Diesel costs a lot more to produce than $1 per gallon so no oil company would sell that low.
Your post is so full of spelling and grammar errors that your opinion loses all credibility.
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MIT05

Champion Author
Massachusetts
Posts:4,147 Points:1,387,325 Joined:Aug 2008
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Message Posted: Aug 7, 2012 11:56:43 PM
$3.759 here
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HeavyDuty_cache

Champion Author
Omaha
Posts:12,964 Points:2,480,660 Joined:Sep 2005
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Message Posted: Aug 7, 2012 6:57:52 PM
ULSD cost more to produce, also we have a lot of military equipment that runs on Diesel Fuel. Ground vehicles in Afghanistan, two carrier groups in the Persian Gulf and those ships burn fuel like crazy.
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TrixieNY

Champion Author
Buffalo
Posts:2,701 Points:655,110 Joined:Apr 2008
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Message Posted: Aug 7, 2012 6:05:19 PM
Why does Radio Shack ask for your phone number when you buy batteries? I don't know!
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1OILMAN

Champion Author
Alabama
Posts:2,069 Points:155,610 Joined:Mar 2011
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Message Posted: Aug 7, 2012 3:55:02 PM
Because they mixed it with bong water?
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brerrabbitTX

Champion Author
Houston
Posts:1,023 Points:18,145 Joined:Mar 2011
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Message Posted: Aug 7, 2012 1:51:18 PM
In what world can you justify diesel selling for $1.00 a gallon when the oil it is refined from costs $2.20 a gallon based on WTI and $2.63 a gallon based on Brent pricing?
And what do you base your theroy that it is the cheapest to refine on? Since the Feds required the new ULSD standard for diesel in the US it has become a lot more expensive to refine. Any cheaper higher sulphur diesel that is produced gets sent to South America because they have more lax regulations concerning the sulphur content of diesel.
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