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Debbie and Joe Cannarozzi (Joe_camper)
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Posted on Thursday, October 23, 2008 - 7:39 pm:   

Today the Flying-J in Phoenix is pumping diesel for 2.99 but get it while you can. The camel jockeys at OPEC are fixin to cut production.

DRILL HERE DRILL NOW
Luvrbus (Luvrbus)
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Posted on Thursday, October 23, 2008 - 8:11 pm:   

Joe, I paid $2.91 at the RV pump today at F/J in Phoenix on I 10 and exit 134 or 137 ?
bruce knee (Bruceknee)
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Posted on Friday, October 24, 2008 - 6:57 am:   

$3.33 in Delaware
David Lower (Dave_l)
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Posted on Friday, October 24, 2008 - 7:34 am:   

$4.20 here between Sarnia and London south of 402

That is about $3.27 U.S. dollars per gallon.

(Message edited by dave_l on October 24, 2008)
Jason Simons (Bigblock01)
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Posted on Friday, October 24, 2008 - 9:00 am:   

I got for my truck today at the Pilot in Dalton, Ga I-75 exit 326 for $3.27.
Jack Conrad (Jackconrad)
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Posted on Friday, October 24, 2008 - 9:10 am:   

Saw fuel for $2.99 at a Hess near Spartanburg, SC. That was right after we filled up at a Pilot in Gaffney, SC for $3.35. Figures LOL Jack
Bruce Henderson (Oonrahnjay)
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Posted on Friday, October 24, 2008 - 9:38 am:   

__. $3.03 at the Flying J at Rock Hill SC (just south of Charlotte NC) - has fallen over 30 cents in a week.
David Dulmage (Daved)
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Posted on Friday, October 24, 2008 - 9:43 am:   

Diesel at Flying J in Napanee, ON, Canada is $1.026/litre or CA$3.95/US Gal. At today's exchange rate, in US$ that is about $3.03/US Gal.
Doyle Gaither (Texasborderdude)
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Posted on Friday, October 24, 2008 - 10:37 am:   

In case you missed it....

Diesel at Flying J in Napanee, ON, Canada is $1.026/litre or CA$3.95/US Gal. At today's exchange rate, in US$ that is about $3.03/US Gal.

hehehe!
Bruce Henderson (Oonrahnjay)
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Posted on Friday, October 24, 2008 - 10:41 am:   

__. Gee, Doyle - has the ex-rate fallen that much? Just a few months ago, it was about par. That's a shame ... back to cross-border-shopping again, eh?
David Dulmage (Daved)
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Posted on Friday, October 24, 2008 - 10:57 am:   

It's good news if you are exporting.
Doyle Gaither (Texasborderdude)
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Posted on Friday, October 24, 2008 - 11:07 am:   

Last time I was in Kenora, the Loonie was worth more than the green-back... but they still took my golf losses at par! Hey dat's a pun!!!

dg
c.w Van Hagen (Van)
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Posted on Friday, October 24, 2008 - 11:16 am:   

2.97 in las vegas today
Tom Christman (Tchristman)
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Posted on Friday, October 24, 2008 - 1:00 pm:   

I paid $3.19 here in Los Angeles. Considering I once paid $5.29, that's amazing. I can live with these prices. I firmly believe much of our economic problems are a rebound of the recent high fuel prices. But what are we to do anything about them? Good Luck, TomC
john w. roan (Chessie4905)
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Posted on Friday, October 24, 2008 - 8:18 pm:   

dropped from $3.43 to $3.36 today at Alexandria, Pa. I'd like to know why diesel is so much higher than gas. I know that low sulpher costs more to make and there is a nickel more federal tax on diesel, but it's been running 60 cents to one doller here for last two years.Ridiculous.
Tim Brandt (Timb)
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Posted on Friday, October 24, 2008 - 10:13 pm:   

One reason I can think of. Our refineries are weighted toward gasoline production. For every barel of crude only about 19% becomes diesel vs about 47% gasoline. Here is a research paper published this month on the subject.
http://www.dieselforum.org/DTF/news-center/pdfs/Diesel%20Fuel%20Update%20-%20Oct%202008.pd f
James Robinson (Jjrbus)
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Posted on Friday, October 24, 2008 - 10:23 pm:   

Still 12 cents in Venezuela.
james dean boggs (Jd_boggs)
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Posted on Saturday, October 25, 2008 - 2:35 am:   

$2.99/gallon diesel Pilot
$2.99/gallon gasoline Pilot
San Diego, CA
Larry Higuera (Larryh)
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Posted on Saturday, October 25, 2008 - 10:10 am:   

2.99 Pilot in Quartzsite AZ
Bruce Henderson (Oonrahnjay)
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Posted on Saturday, October 25, 2008 - 1:51 pm:   

John Roan wrote: "dropped from $3.43 to $3.36 today at Alexandria, Pa. I'd like to know why diesel is so much higher than gas."

A number of reasons, John;

1) The developing Asian countries have been booming and they have built this boom on diesel for transportation (trucks, buses and ships) and for electric power. There is also on-going demand for diesel in Europe. They've been buying up diesel all over the world. It's supply and demand.

2) The Asian countries have been promoting growth through tax policy and subsidy. Gasoline is seen as "rich man's car fuel" but diesel is "fuel that drives industry" so it gets tax breaks and subsidies. Thus, there's an incentive to use it instead of gasoline where possible.

3) In the US up until a few months ago, it was legal to sell "Low Sulfur Diesel" at 500 ppm - it's cheaper to refine and refineries were set up to make it. But Europe has standards for 50 ppm diesel, so "ordinary" US diesel fuel couldn't be exported to Europe. That reduced the demand for fuel refined in the US and thus prices were kept down.

4) Right now, it's harvesting time in the Midwest (or recently has been) and diesel has been in great demand for farm equipment, trucks, industrial processing, railroads, etc. Also, home heating oil (basically the same refinery product) was exceptionally expensive across the northeast of the US last year. Most people ran their tanks dry and didn't refill them with the high-priced fuel, gambling that prices would be lower now. They were right, so they're now running to refill before hard winter sets in. Both of these have caused more demand.

5) One of the biggest reasons, the oil companies have learned that they can. They jacked prices up to around $5 and it was still bought (after all, most diesel bought isn't coming out of the pocket of the person pumping it, it's being paid for by a "big company" -- and besides that, it's a necessary commercial and industrial product. If you own 19 big rigs and you're paying drivers to drive them and making payments and paying taxes, etc., you can't just park them in the spring and hope that the price of fuel will fall in the autumn). Also, distillates are used for power generation and other industrial purposes -- as above, you can't afford NOT to buy diesel. Thus, the oil companies have been able to say to both diesel purchasers and the North American public (who see inflation and cost increases as a result) "bend over the log and grit your teeth -- we're not even going to kiss you". They know that they can do it, so they do.

6) As mentioned, N American refineries are built to "crack distillates (i.e. diesel) into gasoline. They can't make more diesel (although they'd love to because it's a higher profit product now) without rebuilding their refineries. The high price for gas over the past 9 months has made people drive less, buy higher MPG cars, combine trips, etc and N America is now awash with gasoline. What you're seeing is "low-price gas" and "high-price diesel" -- a lot of it is supply and demand.

7) There have a number of oil company mergers and buy-outs. Fewer companies, less competition and more opportunity for price-fixing.

Some of this (the Asian markets, for example) will be improved in the mid-term -- there are lots of refineries being built there that are weighted toward diesel (and other "heavy fuels"). If they're making it, they're not buying it from us so that reduces demand here. Also, they're being pressured to reduce their subsidies on it, which is a form of trade imbalance. The winter home heating oil thing will pass, too. Other things, like the lack of competition and loose government look out for the public, are here to stay.

Things will be better (somewhat) in the short and middle-range future (mostly middle range) but truly low-priced diesel is gone for good.
Bruce Henderson (Oonrahnjay)
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Posted on Saturday, October 25, 2008 - 1:59 pm:   

David Dulmage wrote: "It's good news if you are exporting."


Well, yes, but I see the US and Canada as a big market that should work to the benefit of us all. If exchange rate differences (and especially shenanigans) cause differentials that disadvantage either side of the border, then it hurts all of us.
Just my opinion but I'd like to see us all share in the opportunities to do well.

BH NC USA
David Lower (Dave_l)
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Posted on Saturday, October 25, 2008 - 8:30 pm:   

Hi I phoned a couple of oil companies here in Ontario, I ask'd why does diesel cost more than gas, I ask'd the same question two years ago but why is diesel less than gas. they both gave me the exact same answers, but they are not in cahoots together, no not seperate companies they dont know what each other is doing. There answer to the first question was," it takes more crude oil to make a gallon of diesel that is why it is more per gallon than gas". two years ago the answer was, "it costs more to refine gas that is why gas is more than diesel". but there is no price fixing, did you all notice a barrel of crude is half what it was in june, but at the pumps the price has not been cut in half!
Dave L
They are as much economic criminals as the wall street and bay street scum and those fat little despots in opec!!

(Message edited by dave_l on October 25, 2008)
david tiehen (Dave4106)
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Posted on Sunday, October 26, 2008 - 12:48 am:   

oil is going to $50 a barrel. don't take my word. google Lindsey Williams. top BP exec told him back in may when oil was $145 that it was going to $50. who would have believed?
Jerry Coombs (Jerry_c)
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Posted on Sunday, October 26, 2008 - 10:10 am:   

Why are we being charged more for Diesel and other fuel costs?... What more do reason do they need other than "BECAUSE THEY CAN?" Our only "choice" in the matter is not to buy it which if I want to travel -- particularly in my bus guess I've got to.

Interesting article posted by Tim above
Bill Penland (Billy6941)
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Posted on Sunday, October 26, 2008 - 3:39 pm:   

Diesel still $4.25 here, in Soldotna. Hard to understand, with refinery 25 miles away. Take it out of the ground here, refine it here and still the highest prices in the country.
Jim Wilke (Jim Bob) (Pd41044039)
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Posted on Sunday, October 26, 2008 - 8:23 pm:   

I just stopped driving my buses. Used to go on a weekend trip once a month 4 years ago but have only driven 800 miles in the last 3 years and only that because we were moving.
john w. roan (Chessie4905)
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Posted on Sunday, October 26, 2008 - 8:29 pm:   

Good plausible answers Bruce. At this rate, If oil falls to $0 dollars a barrel, we'll still be paying $2.50 a gallon for diesel.A lot of companies are stuck with product contracts now at former high prices, so to keep from losing their A%%, they wait as long as possible till they start dropping the price, usually after enough people start screaming. How do we know whether or not that the people behind all the hedge fund speculating causing the insane price climb, weren't actually the foreign oil producers? I remember a couple of years ago when they felt that they wanted to keep oil at about $38 dollars a barrel.Definitely speculation, but by exactly who?
David Lower (Dave_l)
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Posted on Sunday, October 26, 2008 - 10:32 pm:   

Hello
I still think Canada and the United States should build a trade block around our two contries. There is nothing made in other parts of the world we can't do here and do it safer and at better quality as we would both compliment each other in what resorces we both have. Then tell the rest of the world to kiss our six! Just look at the shelfs at wallmart or canadian tire and you might as well be in a store in china, we would have a lot less unemployment the north american auto industry would be healthy same as the steel makeing sector, as we would not be importing steel from china or india while the rust belt goes bust. I know this is off topic but I am sick of seeing the constant layoffs in the news!
Dave L a laid off iron worker.
Bruce Henderson (Oonrahnjay)
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Posted on Monday, October 27, 2008 - 5:04 pm:   

__. Hello, all. Sorry to go on but it's crazy out there. I left home today on a little farm road that leads to a major highway about 15 miles away. At the intersection, I was a sign:

Regular: $2.79
Diesel: $3.89
Off-Road Diesel: $2.76

Total taxes in NC are about $.47 per gallon. So, there's either an extra .65 per gallon markup on road diesel "because we can" or they like farmers so much that they're subsidizing them by losing money on every gallon (no, I don't think that #2 is likely, either).

__. Today, I bought fuel (for my car, not the bus) in SC for $2.76 -- $1.13 a gallon less than this place.

__. It's crazy out there!
Tom Christman (Tchristman)
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Posted on Tuesday, October 28, 2008 - 11:26 am:   

$2.99 yesterday in Los Angeles for Diesel
Luvrbus (Luvrbus)
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Posted on Tuesday, October 28, 2008 - 11:36 am:   

A friend of mine filled in Phoenix last night for $2.69 a gal at F/J
niles steckbauer (Niles500)
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Posted on Tuesday, October 28, 2008 - 11:55 am:   

Luvr - does your friend have any thoughts as to why diesel is soooooo low there (less than .20 difference between gas and diesel)?
Luvrbus (Luvrbus)
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Posted on Tuesday, October 28, 2008 - 12:28 pm:   

Niles I dont know but I checked the prices on Flying J today in Phoenix and with 8 cents a gal off for RV's it is $2.69 on I 10 it's a shame My bus has 210 gal of fuel that I paid $3.95 just my luck
niles steckbauer (Niles500)
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Posted on Tuesday, October 28, 2008 - 12:49 pm:   

Yup - I saw that - It's just funny that diesel prices are so much closer to gas prices in AZ than anywhere else, I didn't know if AZ had suspended their fuel tax or what?

Ouch on the $3.95 (I won't mention that amounts to $265)
john w. roan (Chessie4905)
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Posted on Tuesday, October 28, 2008 - 6:03 pm:   

Today at Alexandria, Penna. Diesel at $3.25
H3-40 (Ace)
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Posted on Tuesday, October 28, 2008 - 9:38 pm:   

Niles, I filled mine up back when it started to drop at $4.07. BIGGER OUCH at $695.00

Ace
David Evans (Dmd)
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Posted on Wednesday, October 29, 2008 - 6:03 am:   

3.79 on Long Island which means we can probably get it for 3.25 across the bridge when we make a trip.
niles steckbauer (Niles500)
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Posted on Wednesday, October 29, 2008 - 2:49 pm:   

Ace - I expect that between now and turkey day Fuel locally will be under $3 (hopefully $2.80 when I will fill up) my last fill up was in Ringold GA @ $4.39 - try using gasbuddy.com next time your traveling - they have fairly up to date prices and you can see the best prices along your route - It cost me as much as $1100 to fill up this summer in CO - at Luvr's prices I would have saved 3 grand this summer - OUCH!
Luvrbus (Luvrbus)
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Posted on Wednesday, October 29, 2008 - 3:45 pm:   

Ace, the 210 gals cost me $810.29 saving $265.00 per tank is going to help out a lot this time out for our winter trip to Texas
Bruce Henderson (Oonrahnjay)
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Posted on Wednesday, October 29, 2008 - 7:37 pm:   

Niles wrote "I expect that between now and turkey day Fuel locally will be under $3 (hopefully $2.80 when I will fill up) my last fill up was in Ringold GA @ $4.39 "

__. Diesel is $2.61 at the Flying J at Fort Mill SC today.
Luvrbus (Luvrbus)
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Posted on Wednesday, October 29, 2008 - 7:46 pm:   

$2.61 in Phoenix also the manager told me it will be in the $2.40 range next week
niles steckbauer (Niles500)
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Posted on Wednesday, October 29, 2008 - 7:59 pm:   

Bruce - Your tempting me - You give me one more good reason for going to SC, and that horn you hear in your driveway will be mine - unfortunately our fuel tax here in Fl is so high we can never get as low as SC or MS - but we can still dream - I think everyone coming to Jack's party this year should stop in SC and bring us some discount fuel - We'll call it a Suntax - LOL

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