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diesel fuel prices
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12-05-2011, 03:42 PM | #1 |
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diesel fuel prices
anyone know why our gas is staying around $4 and gasoline is around $3.15? For awhile Premium was more than Diesel. Not any more...
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12-05-2011, 03:44 PM | #2 |
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I assume you mean Diesel fuel is staying around $4... it is supply and demand. Winter = home heating oil usage goes up. There may be other factors, but that is the main one.
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12-05-2011, 04:13 PM | #3 |
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There are a variety of reasons for the price difference. The price on the board at a gas station is simply a function of what the station paid for the fuel in the tank at the time of purchase. Most stations go through gasoline A LOT more quickly than diesel, so it takes a bit longer for diesel prices to catch up and you will often see the opposite effect when oil prices start to rise and diesel prices will stay substantially lower than gasoline for some time. Secondly, depending on the seaon not only does demand go up in the winter as described above, but No 1 diesel is also more expensive due to the additional winter anti-gel additives in the fuel.
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12-05-2011, 04:18 PM | #4 |
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I dont know about you guys - but I've noticed that at my usual station (the only one I can find that has 45 cetane), the price of diesel is pretty much even all year round. Diesel prices seem to go up/down no more than 15/20 cents depending on the time of year, whereas gasoline prices can skyrocket overnight (for most of the summer, diesel was cheaper here than mid-grade and premium).
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12-06-2011, 01:42 PM | #6 |
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Drives: 2015 YMB F80
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Uses for Diesel are expanding especially overseas which pushes up demand and prices globally for diesel. Once supply catches back up then the price will stabilize again.
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12-12-2011, 10:02 PM | #9 |
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Diesel is 10% more expensive than premium 91 my area of Orange County, CA but I'm getting 40% better mileage vs. the two gasoline 335s I've owned. Filled up for $3.89 yesterday.
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12-13-2011, 01:55 PM | #10 |
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Drives: '11 STI, '90 325iS
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Wow ... Diesel is about 4-6 cents more expensive than regular in the GTA now. Used to be 10 cents cheaper
Still, at least I'm not paying premium.
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