Found this surfing around this morning.

U.S. Average Retail Gasoline and On-Highway Diesel Prices Increase

The U.S. average retail price for regular gasoline gained 1.4 cents to 225.4 cents per gallon as of February 27, which is 32.6 cents higher than last year. Prices were mixed throughout the country, with the Midwest seeing the largest increase of 9.2 cents to 225.9 cents per gallon. East Coast prices dropped 2.1 cents to 223.5 cents per gallon. West Coast prices, still the highest in the nation, were down 2.7 cents to 238.3 cents per gallon, while California prices lost 3.4 cents to 243.9 cents per gallon.
Retail diesel fuel prices increased by 1.6 cents to reach 247.1 cents per gallon as of February 27, which is 35.3 cents higher than last year. Prices were up throughout the country, with West Coast prices seeing the largest increase of 2.9 cents to 262.3 cents per gallon, the highest regional price in the country. Midwest prices gained 1.9 cents to 241.7 cents per gallon, while East Coast prices gained just 0.6 cent to 249.3 cents per gallon.

http://tonto.eia.doe.gov/oog/info/twip/twip.asp

[yuk] [yuk] [yuk] [yuk] [yuk] [yuk][yuk] [yuk] [yuk] [yuk] !

Last night on the way to work, diesel was still sitting at $2.49, but I was told by the owner of the shop I stop at that they are going up with his next shipment, probably to around 2.60...... he had no idea why.....

From what I've been reading it sounds like Europe is having a diesel shortage and US refiners are shipping it over there for higher profits.
Double advantage for US refiners since shipping fuel to Europe creates a shortage in the US, then they can use the supply and demand excuse to raise prices here also.

gas jumped 20cents here in the last 24hours and is expected to go up again [rant]

It went from 2.49 2 days ago to 2.57 about 8 hours after I looked at the sign that same day. I dont get it, it used to always be cheaper, now its more expensive than premium gas.

Here in WA state it is running from a low that I have found of $2.689 to $2.999. Two weeks ago it was at $2.499.

Everyone needs to listen to Infedel. I work in the industry and went to a seminar a few months ago and I'm not really supposed to talk about it, but since the notes are now public on EIA's website it doesn't matter. I for one was curious why last summer was the 1st time in history that we did not see a flip in the price of gas vs. diesel. I finally got the answer when I attented the sminar. It seems there was a trade compact signed early last year between some major American oil companies and the EU that allowed higher imports of gasoline in trade for us shipping more diesel to Europe.

It used to be,until last year, whenever there was a surplus of winter stocks the oil industry had to drop the price to sell it off to make room for the summers' gasoline storage. With the new trade deal however, they are exporting a lot of the surplus to Europe instead of selling it off at a discount domestically.

Given this info, I seriously doubt we will ever see diesel lower than gasoline evr again. They are simply following the profits. Why sell something below cost here when Europe will pay a premium for it. And vice versa for Europe. They have falling demand every year for gasoline all the while their diesel has skyrocketed. So the European refineries sell their unwanted gasoline to America.

It's a win win situation for the oil companies and we get the short end of an ever lengthening, crappy deal.

I dont get it, it used to always be cheaper, now its more expensive than premium gas.


I bought a Diesel truck. I'm sorry, but ever since then Diesel is more expensive than high octane...

I bought a Diesel truck. I'm sorry, but ever since then Diesel is more expensive than high octane...


Oh! So it's all YOUR fault, huh?........[tapdshut] [laugh]

Gasoline is about to pass Diesel here: 2.53 for Diesel, 2.51 for Gasoline. Should of bought a GM flexfuel truck, E-85 is 1.62 a gallon. [eyecrazy]

I gotta fillup today. It's only been a month since the last fillup. [whistle]

Update: Paid $2.43 at Walmart.

MikeyB

I paid 2.39 yesterday. Reg. Unleaded was 2.52 yesterday then dropped to 2.33 this morning. Some of our diesel startions are 2.45-2.55 but a few are still low and really haven't changed in the past month or two.
matt

Hang on to your wallets. This looks like it may hurt.

"OKLAHOMA CITY (AP) Texas oilman T. Boone Pickens says $5-a-gallon gasoline may be the short-term solution to oil supply and demand problems."

http://www.kotv.com/main/home/stories.asp?whichpage=1&id=100583

http://deephousepage.com/smilies/mecry.gif

That would work fine for me. File unenployment and stay home to work on the truck [eyecrazy] Just wish I could get away with it.

from the linked article:
The founder of Mesa Petroleum Company, Pickens says demand is so tight that if Iran pulled one million barrels of oil off the market, the price per barrel would jump to $75 in 24 hours.

That's nothing, If someone in OPEC sneezes, the price could jump to $75 a barrel. :rolleyes:

Noticed last night that the price for regular unleaded is at or more than diesel now.

MikeyB

Diesel has gone up a little around here, but not as much as gas. Still cost me $2.749/gal to fill up yesterday :mad:

At my regular stop Diesel and Regular gas are both $2.49

First time in quite a while that Diesel was less than premium gas.

Brad

filled up 2 days ago, diesel $2.47 super $2.43, diesel has been higher around here for a while, It's cheaper to drive my V10 than my CTD just not as much fun.

I just fueled in Plainsboro Nj, at $2.53 a gallon. Afew days earlier it was $2.47.

Should of bought a GM flexfuel truck, E-85 is 1.62 a gallon. [eyecrazy]Do you know why? The heat content (net BTU per gallon) of three fuels is shown below:

Gasoline -> 115,500 BTU/gal

Diesel -> 128,700 BTU/gal

Ethanol -> 75,670 BTU/gal

This means that an engine would have to consume 1.7 gallons of pure ethanol to produce the same output as 1.0 gallon of diesel. $1.62 x 1.7 = $2.754/gallon equivalent. Of course, diesel fuel is taxed more heavily than gasoline or E85, so the equivalent price of ethanol is even worse than the numbers above would indicate.

Rusty

T. Boone Pickens is an idiot anyway. The only reason he is rich is because he is one of those lucky few who can fall in the sewer and come out clean as a whistle and smelling like a rose. The only reason he said that is cause he knows it won't just happen and even if it does he probably owns a chain of gas staions and would double his fortune [yuk] [rant]

The cheapest around here is about $2.70. Other wise it's almost 3 bucks. [yuk] [yuk] [yuk] [yuk]

I paid 2.39 yesterday. Reg. Unleaded was 2.52 yesterday then dropped to 2.33 this morning. Some of our diesel startions are 2.45-2.55 but a few are still low and really haven't changed in the past month or two.
matt

Same around here in Houston, TX. Gas prices are higher than Diesel....!!!!

I pay today $2.37 (Valero) for my Diesel, while Premium gas was in the $2.40's-2.50's


Also a SHELL station not far from the Valero was selling "Premium" Diesel at $2.85....!!!!! What the heck is Premium Diesel....????

What the heck is Premium Diesel....????HERE'S (http://www.chevron.com/products/prodserv/fuels/bulletin/diesel/L2_5_2_rf.htm) an interesting read on that complex topic.

Rusty

I know it is not politically correct (like I give a rats arse) to attack EPA, but much of the cost increase in both our fuel and our choice of trucks is due to them. On the other hand, I can remember when diesel truck exhaust just about made me spew, and every semi on the road smoked like it was burning coal. From what I hear, the premium diesel fuel is much better for our engines, and PROBABLY simulates our adding additives.
I have heard, but not varified that the EPA demands will increase new truck prices by something like $3 to 4K, and I have to disagree with the comment that T. Boone Pickens is an Idiot. The man has called it exactly right for decades. Simple laws of supply and demand, along with the global economy dictate. Windmills are for dreamers, Fuelcells may be the wave of the future, but that is a ways off, and more and more of us are falling in love with the diesel concept. I can certainly see $5/gal being a real possibility.
I hear all this whining, but how many of us are car-pooling, or parking the rig and biking, or taking public transportation? Then there are also alot of very cheap, used, little poopbox cars that would cut the per/mile cost drastically. Bottom line: There are choices, but as I finally had to tell my Mother-in-Law: I think that some of us just aren't happy unless we are miserable.......flame away.

...Then there are also alot of very cheap, used, little poopbox cars that would cut the per/mile cost drastically......

True..true....but those little cars (like my '97 Miata) do not feel as cool and powerfull as driving the 2500....!!!!!! Chicks dig big trucks [laugh] [laugh]

Still not sure if I want to sell the Miata, been with the truck less than a month and I love it, commuting daily to the office...maybe after the infatuation/honeymoon with the truck is over I'll go back to commuting in the Miata and leave the truck for the weekend getaways......

Yep, that's why I commute either driving my Acura 3.2TL-S or riding my BMW K1200GT. I bought the truck to pull our 5th wheel. Another case of horses for courses.

Rusty

Way the idiots drive around here I feel much safer commuting in my truck than riding the Hog. Also helps to have a 3 mile commute. ;)

MikeyB

News Flash.......The so-called idiot made another cool 1.5 BILLION Bucks in profit last year......ohh, to be that stupid! Incidentally, crude is currently at $66.40/barrel, and Iran has not even done anything more than rattle its saber a bit. Just wait.

Here is a little clip from Yahoo news
"CARACAS, Venezuela - Venezuela had a blunt message this week for Exxon Mobil, one of the world's most powerful oil companies: Get off my crude-rich turf................" In context they want to get rich quick and are driving the stakes up in opposition to the dang Opec. However, they US technology to refine the tar like oil they have ( low quality crap)

later in the article it says:
"Experts say, however, that fears that Chavez, a close ally of Cuba's Fidel Castro, is seeking to drive out private investment are exaggerated because Venezuela needs the technological expertise of Western oil majors to develop its vast deposits in the Orinoco belt.

Few state oil companies have the expertise to upgrade the extra-heavy oil and tar-like bitumen found in the Orinoco into lighter, marketable oils.

Notably, Exxon Mobil continues to hold a 41.7 percent stake in the 120,000-barrel-day Cerro Negro heavy oil upgrading project in the Orinoco along with partners British Petroleum PLC and PDVSA. "

So Venezuela thinks they are hot crap... just wait untill we get pushed too far and we start making bio-diesel with our soy sauce and corn and finish off with the ethanol and then along comes the hybred diesel-electric and ethanol-electric to say nothing of the fuel cell which is just around the corner. Hope they can figure out how to make a meal out of coal tar [rant]

In the next few years we are going to see some changes to diesel and gas cars and trucks but it is stuff like this that is driving it. The day is coming when we can tell them to shove it. I just hope we have a strong enough gov't to say the words.

[rant]
[coffee]

great googley moogley [eyecrazy] :o $2.759 here now.....That was a 19 cent jump in 3 days.....87 must gotten too close again [verymad]

Around here diesel is cheaper than regular unleaded now. $.05 or so.

MikeyB

As long as POTUS keeps mucking around in the Mideast the supply will keep dwindling and the price will continue to rise. It doesn't help that the Chinese are using more oil every day. The currency is also being devalued tremendously and will soon cease to be the worlds reserve currency. We'll then need to convert our dollars to something else before we can buy oil with it. Probably Euro's but maybe gold.

The screwing we give will become the screwing we get.

BOHICA!

Edwin

04/05/06 at about 0800, deisel at $2.54........04/05/06 at 2330, same station now at $2.72...........YIKES!

In the last couple of days unleaded gasoline has skyrocketed upward due to the required 10% ethanol blend. Diesel is now around $0.20 cheaper than gas.

MikeyB

In the last couple of days unleaded gasoline has skyrocketed upward due to the required 10% ethanol blend. Diesel is now around $0.20 cheaper than gas.

MikeyB

They have been selling E10 around here for a couple years now, its about 10 cents a gallon cheaper than straight dino...

Now that the Gasser-Drivers are having to pay the same prices for fuel that we have been paying for the past two years,.......get ready for the "Price Gouging" whines to start. :rolleyes:

They have been selling E10 around here for a couple years now, its about 10 cents a gallon cheaper than straight dino...


E10 is new requirement for us. In fact Valero in the Dallas area is having problems getting the new blend. Reporting spot shortages in the area. Regular unleaded is now $2.70 in my area. Diesel is $2.50 or less.

MikeyB

I stopped at the neighborhood Exxon to fill up my Acura 3.2TL-S this morning. They were out of 87 octane regular ($2.629). I needed 93 octane premium anyway, but this ethanol changeover looks like it may cause some supply (and, thus, price) disruptions.

Rusty

round here gas is going for the same or more than #2

anywhere from $2.89- $3.11 here in gold country. maybe thats why so much, luckily the fuel card is paid by someone else

Finally! These gasser drivers are paying about as much for 87 & 89 as I am for fuel. :) I honestly dont care what they raise it to, AS LONG as they keep both in the same ballpark. It burns me when I see fuel- the very thing that literally runs this country .30-.40 higher than gasoline, and the average gasser driver dosent even realize that they too, are paying for the high cost of diesel, how many groceries, cars, shoes, furniture, yada yada yada get delivered in gas vehicles? Thank you politicians!

Good thing we can run WMO & WVO to cut down on the cost!! [whistle]

Well I do know there is a Cat unit down in NJ right now (a cat unit in a refinery makes gas) and in the Caribbean the on St. Croix(which is the biggest refinery in the western hemisphere) it was shut down for a couple of days due to a blown transformer. And they still haven’t even got any of there cat units up and running. But you don’t hear about that on tv. You hear about them blowing up and not the real problems. Like when a unit in Karnes city in Texas blew up and gas prices shot up, it is funny tho because all the other units where still running and the one that blew up didn’t even make gas………..my 2 cents……………Jamie

filled my tank tonight. $72.19!! 27.046 gallons ($2.669) gallon. thats for 87. the #2 was 2.539/gallon. i need a ctd cause this is gonna last me about 300 miles [eyecrazy]

I believe We here on central coast of Santa Barbara County, We pay the highest prices for diesel fuel.Saw $ 2.89 a/gal. at U S A fuel station in Santa Maria where I work.Lompoc where I live U S A service station was $ 2.83/gal.Mannwelder

Local price for Diesel (40 Cetane) = $2.81
(there is one Texaco station near my house @ $3.00 gal)
Just filled up with B20 (40 Cetane) = $2.76

Figured I'd give it a try.
Still have six 5-gallon cans of diesel in the garage bought last week @ $2.47 gal.

I have seen 2.59 and 2.53 around me. Same as Ethanol gas:) I cant wait to get my truck back on ther road so i can take advantage of the diesel i paid 2.08 for last fall:) 2 tanks both at 3/4. and im happy to finally see diesel being cheaper than gas where it should be. But the prices might go up yet again so im hoping they dont.

Wahoo! Stopped by Walmart this morning and filled up at $2.459 a gallon.
$0.25-0.30 cheaper than regular unleaded around here.

MikeyB