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Registered
Join Date: Nov 2004
Location: Raleigh, NC
Posts: 3,931
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Quote:
Originally Posted by Neilk
So what's the deal with diesel prices not going down? The spread is about 60 cents/gallon now. Refining capacity?
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From a Trucker forum
Part of the reason why diesel prices are so high is that, worldwide, there are more diesel vehicles now and global demand for the fuel is high. Other countries have embraced diesel vehicles because of increasing oil prices and the good mileage diesel engines get.
In the U.S., high gas prices have led Americans to consume less gasoline. In turn, refineries have scaled back their overall production to adjust to the lessened demand. However, the demand for diesel fuel remains the same even though refineries are processing less fuel overall.
The introduction of clean diesel, low-sulfur fuel has also contributed to a price jump because, according to the EIA, the new fuel has impacted distribution and production costs.
For diesel prices by region, click here.
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John D.
82 911 SC Targa-Rosewood
2012 Golf TDI
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11-06-2012, 02:32 PM
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