Ouch.
 

Brunswick, Maine. Cheapest in town. :eek:

the waiting list for the 335d and X5 3.5d just evaporated.

Friends of mine in Northern Illinois said it is currently $4.10 per gallon of diesel. Also heard it's $4.15 in Northwestern Virginia.

Go Venezuelan Fuel!!

I've seen diesel at $3.69, which was 20-cents over the cost/gallon of premium petrol.

Meiac,
Good post...funny, even if bad portents.
Mich & BigR: Lmao!

Hey BigR...what's that pic in you new sig from?
Looks like the grease ball that does the very good
"hazard/accident" insurance ad, where one calamity
after another occurs...

It's a bunch of BS! Can someone please explain why diesel is higher than premium. It used to be that diesel was cheaper than regular. Doesn't it take less to process diesel?

L, no petro scientist here, but when I was posting to the "stop the
carbon/CO2 myth" thread, I found this from a cursory peruse of the
net:

"I see from noodling around several sites that a basic BBL of oil usually yields ~7 gallons of diesel;
whereas, they often yield 20+ gallons of gasoline...that may have something to do with the usually
higher price per gallon for diesel vs. gasoline..."

No idea if that ~7 gal of diesel yield "costs" more or less than the "cost"
of gas, derived vis a vis the cracking/refining process.

I'm sure some of the more knowledgeable can add to it.

Your truck biz O/Ops must be up against the wall with this diesel pricing...

I think diesel is less than gasoline in many Euro countries as they have a slightly
diff blend, by regs, and the usual exorbitant fuel taxes are reduced/tilted by the
gov'ts for diesel there.
My 25Cents if up...
BR,mD

Hold on to your hats..... In Gorda California on Hwy 1 between San Simeon and Big Sur a station is charging $5.00 for regular.

Peaks Island is 6 bucks. $4.29 on the Maine Turnpike at Mobil. :rolleyes:
I think its initial price gauging of this ULSD nonsense. The truckers are pissed though.

people just use golf carts there.

And they should be, as should everyone else. Think about it. Everything you touch, every day, got to you on a big truck. Your morning coffee, soap for your shower, breakfast, clothes, etc, etc, etc....

Big trucks average 5 mpg. Because the cost of diesel is so volatile and there is no way to include this fluctuation in a rate, truckers charge fuel surcharges. These surcharges are based either on a percentage of the freight charge or on a cents per mile of the trip. Current fuel surcharges in my world are about $0.45 cents per mile. If I ship a load from the east coast to the Walmart Nation location in southern CA the fuel surcharge is $0.45 per mile on approx 2800 miles. Do the math, that's $1260 for incremental fuel costs in addition to the freight rate. Joe consumer pays the price.

Ferris Bueller's Day Off :)

Pssss...just to make Joe Blow even more upset over gas prices, the fuel you're putting in your ride...was purchased months ago at old oil prices.....you pay out the @ss for futures traders on Wallstreet and in other economies. The constant lowering of interest rates by the Fed, weakens the dollar, which encourages investors to 'energy commodities'. :) Look at it this way, those people from the 70's can stop bitching about how 'expensive' it was back then. And at some point, per basic Econ101, the cost will exceed the value and consumers will...good Lord...stop buying and look/demand alternatives. That should be a fun time.

Apparently Starbucks, and the like, are already starting to feel the penny pinch as consumers realize gas this week will cost them 34 lattes. Oh and on the Prez race tip, this royally plays into Republican hands as it is hard to encourage 'socialized' programs when your country is drowning. As well as making your consumer index look 'OK' since energy/food aren't factors...too volatile..oh how nice.

Now if we could only itemize that 12B spent monthly in Iraq. Oh, thanks Senators for just now asking (5 years in) shouldn't Iraqi oil money pay for the majority of this effort?

Good Post, BigR...

FB's Day Off?! Damn, I've seen that about a doz times and now I recognize the
car park jockey...he's gotta be that dude that does the crazy insurance calamity ad.
Ah, such trivial pursuits when you waddle past 60, lol!

Besides the "party affiliation", which in my opin is like saying one belongs
to the Moose vs the Elk, the next prez has got to put a few fingers in
the ol' dike: the monthly war bill, the dollar in the toilet; thus, oil prices
vis a vis, the greedy OPEC bums and the speculators...and, don't forget
the "price of living", via the oil cost pinchola.

I realize no prez can wave his non-royal hand and make all this stuff
happen by fiat...but, my kids, ~40, your kid(s), ~babes, are not gonna
like the flat azz broke country and economy they stumble into in the next decade.

JoeSixPack and the WalmartNation gang is not gonna have much fun in
the next couple/several years, imo...and, I include myself in that bunch,
living on a fixed income. Debt-free, I agree, but fixed and fookin eroding.

Helmets on and buckle your seatbelts...
BR,mD

A little OT, but in one of the somewhat recent Fortune issues, there was an article on oil shale. Apparently, we have 3x more than the Saudi oil reserves, in Colorado, Wyoming and Utah. 30 years in the making, Shell's got over 200 patents submitted on new processes of bringing the stuff up (which is pretty cool in itself) and refining it. China and other parts of Asia have a crapload too. In the next 10 years we should start seeing some of it.:thumbup:

Oil shale may finally have it's moment

We were just talking about that 10 minutes ago. Gonna be interesting to see what the so called suits come up with to appease the natives regarding the Mtg crisis.

I'm not smart enough to know where it's headed but people who have made some serious bad decisions are all around us and who knows how this is going to play out. It's not going to be a pleasant trip that's for sure.

Diesel should cost more, as it contains more energy per gallon, up to 15% to be precise. So, at a premium of $0.20 per gallon diesel is artificially low. Refiners are going to charge for the value you are getting, modified by whatever tax structure local governments have in place. In some locations diesel fuel taxes are lower due to the trucking lobby, but in some locations taxes are higher due to the greater number of automobile drivers than truck drivers (counting votes).

It takes less effort to refine diesel, but the cost reflects the fact that there is limited refining capacity, many refineries are focused on gasoline, low sulphur diesel required plant investment over the past few years, and distribution costs vary due to volumes. Also, diesel prices are impacted by heating oil prices (same fuel) whereas gasoline prices aren't.

All those expecting a free ride with their new diesel vehicles are in for a shock. It will level out, sooner instead of later. The cost of driving a mile will be the same once it does, IMO.

sucks for everyone who paid 22K for a 3 year old 23K jetta tdi with 100k on it.

Thanks for the explanation Jeff. It seemed odd that for as far back as I can remember, diesel was always the cheapest of the grades. Recently (last 8-10 years) it has turned around. I thought it was a conspiracy or something :rofl:

:popcorn: and awaits Eric's arrival