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Diesel going higher

Old Oct 26, 2005 | 11:11 AM
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Diesel going higher

http://biz.yahoo.com/cbsm/051026/6f7...41bc.html?.v=3

So... we've got lots of gasoline and not enough diesel and heating oil. This will cause consumers to buy gas vehicles instead of diesel vehicles, rewarding inefficiency. Yeah, that is what we want to do.

On a per btu basis, it is not probably cheaper to use gasoline as a heating fuel rather than diesel (heating oil).

I can see diesel going to $5 or $6 this winter. The worst thing about all this is that businesses generally use diesel fuel and consumers use gas. Soccer moms get cheap fuel for the SUVs and businesses have a hit to profits.
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Old Oct 26, 2005 | 11:58 AM
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It might just be my opinion, but I think if diesel fuel goes much higher than it is now, we'll see truckers parking their rigs and businesses trying to figure out how to get their products to market.
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Old Oct 26, 2005 | 12:00 PM
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the truckers oughtta just park their rigs on the interstate and leave them there. This will shut down the whole country (if they all do it) till they lower fuel prices.
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Old Oct 26, 2005 | 12:12 PM
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Unfortunately (for us) a lot of the trucking companies are tacking on 'fuel surcharges' to their freight bill, so they aren't as inclined to shut down the country. THEY get compensated, but WE private owner/non-haulers don't.

Heck- my garbage hauler has raised their fuel surcharge 3 times so far! They lost me as a customer this last time, as I changed companies.

I'm looking into buying a new trailer, and the dealer told me the $700 shipping cost of last year to get the trailer from the Mfg to his lot is now $2,400!
That's more than 3 times higher!

The trucking outfits are increasing shipping prices to cover fuel costs, which will in the long run adversely affect the economy, as we won't be able to afford to buy the products anymore. Not to mention we can't afford them right NOW because filling up with Diesel is emptying our wallets TODAY!

So, I guess we just wait until the economy collapses around us and there is no great demand for fuel anymore before the prices come down...
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Old Oct 26, 2005 | 12:28 PM
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I've noticed the trains are hauling allot more, probably more cost effective...
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Old Oct 26, 2005 | 12:39 PM
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Its cheaper to haul it by rail anyway. Plus, i believe railroads do the same as airlines in terms of buying oil futures. i read where the fuel southwest airlines is currently using was purchased at something like$25 per barrel. i would love to see a park-a-thon, but i dont think its going to do much good.
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Old Oct 26, 2005 | 12:54 PM
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I think we are stuck to all the soccer moms get ****** when they are paying $4 for a 16 ounce bottle of water because of the shipping. Other than that I think we are screwed. Best bet is to buy stocks in the oil companies. Or the very best would be if the fed gov regulated it like they used to do to electricity back when it was cheap and reliable!
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Old Oct 26, 2005 | 01:49 PM
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I think that the real answer for this problem is here in the country, BIO! We need to start manufactoring more of this product and start blending so that we can show the good Arabs that there is other sources of fuel out there. We need to keep on the bio band wagon until they can figure out a way to run this stuff year round, and they we can tell the Arabs to stuff it.
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Old Oct 26, 2005 | 01:51 PM
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" Best bet is to buy stocks in the oil companies"

Nope. Oil stocks fell about 10% the last month and more today. They were good until the beginning of October and then the bottom has kind of fallen out.
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Old Oct 26, 2005 | 01:55 PM
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I'm liking the BIO idea, but I haven't been able to find anything but B100 near my house and I don't think B100 would do well in my truck.
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Old Oct 26, 2005 | 02:31 PM
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Originally Posted by Hoss
I'm liking the BIO idea, but I haven't been able to find anything but B100 near my house and I don't think B100 would do well in my truck.
Half tank of B100 + Half tank of DinoFuel = B50

Any blend you want that way
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Old Oct 26, 2005 | 05:00 PM
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Originally Posted by durasmack
Half tank of B100 + Half tank of DinoFuel = B50

Any blend you want that way
I do it each and every tank - no problems what so ever. Just make sure the bio is from a reliable and certified source and you're GTG.
I've got the start of a processor in my garage ... I can't tell you how excited I am to get it going. I even have a source of free, virgin (albeit cloudy) soy oil. I figure I’ll run B50 with my own stuff until I gain confidence in my skills – then – the sky’s the limit.
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Old Oct 26, 2005 | 05:36 PM
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Originally Posted by whitebuffalo
Its cheaper to haul it by rail anyway. Plus, i believe railroads do the same as airlines in terms of buying oil futures.
That, and the ever present fuel surcharge also. We're the one's actually footing the bill here, I don't think the trucks, railroads, and airlines really give a rip about fuel pricing to be honest. Alot of them are probably making money on that surcharge if I had to guess.
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Old Oct 26, 2005 | 05:49 PM
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We need to keep on the bio band wagon until they can figure out a way to run this stuff year round, and they we can tell the Arabs to stuff it.
It isn't the Arabs chargeing you $3.49 per gallon for diesel. It's the oil companys!!! They are makeing more profit right now than ever!!!

BOI is good, but i bet you if too much of it is made, you'll see the oil companys take that over too!! All they have to do is to tie up the oil used to make it from, and some places already won't give it to just "anyone".

Robert
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Old Oct 26, 2005 | 05:52 PM
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http://money.cnn.com/2005/10/26/mark...ex.htm?cnn=yes

Heating oil alone fell by 900,000 barrels to 55 million barrels. Despite the fall, stocks were over 4 million barrels higher than this time last year.

The Energy Information Administration said supplies of distillates -- which include diesel fuel and heating oil -- fell 1.6 million barrels for the week ending October 21. Analysts had predicted a drop of 800,000 barrels, according to Reuters.
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