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Beating a dead horse

Old 11-24-2008, 04:22 PM
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Default Beating a dead horse

I hate gas threads but how low do you all think it will go? I filled up the truck for $1.77 a gallon yesterday. I never thought I'd see gas below $2.50. And what do you think we'll be paying next summer when I am hauling my boat down to the keys getting less than 10 mpg?
Old 11-24-2008, 06:57 PM
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Default RE: Beating a dead horse

$5.19
Old 11-24-2008, 07:12 PM
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Default RE: Beating a dead horse

FishOn162 - 11/24/2008 9:57 AM

$5.19
Yah and diesel will be $12.19. Like what's up with diesel being way more expensive then gas?
Old 11-24-2008, 07:20 PM
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In the post-apocalyptic future, we will battle for gas. The value will be your life!
Old 11-25-2008, 03:57 AM
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Garett - 11/24/2008 10:12 PM
... Like what's up with diesel being way more expensive then gas?
Some have said the new low-sulphur formula is more expensive to process. I think the oil companies have realized that it has a higher value to the consumer because of increased mileage in diesel engines and decided to factor that in too.
Old 11-25-2008, 05:45 AM
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I read that the worldwide demand for diesel is higher than for gasoline because of India and China's consumption. Diesel will never be as low as gas in the future as we know it.
Old 11-25-2008, 06:03 AM
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Default RE: Beating a dead horse

Price of crude moved UP $5.00 per barrel yesterday (11-24-08) That is a pretty big spike in the cost of crude.
Old 11-25-2008, 06:58 AM
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Default Re: Beating a dead horse

I got gas for $1.58 in Tidewater Va.
Old 11-25-2008, 07:41 AM
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Default RE: Beating a dead horse

Diesel is cheaper in most of the world. Even in countries with low sulfur regs. Making more than 15% of the barrell in to #2 is expensive. The increase in the population of cars and pick-up trucks with diesel engines combined with the competition with #2 heating oil creates an imbalance. I suppose there are marketing reasons also - they know that you know diesel has more BTU's so you will and are paying more for it - and they know it. Speculation in futures markets by non oil people can also have a sever impact. When most diesel was used by interstate trucking it was always cheaper. As Pogo said.......The enemy is .......well, you know...


Old 11-25-2008, 10:46 AM
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Default Re: Beating a dead horse

bamaboy473 - 11/24/2008 8:45 PM

I read that the worldwide demand for diesel is higher than for gasoline because of India and China's consumption. Diesel will never be as low as gas in the future as we know it.
What the heck does India and China have to do with our local processing plant that produces diesel for our market?

Now if someone said diesel prices are up so high because the oil companies are using diesel prices to offset the low price of gasoline then I'd buy that. I wouldn't like it, but I'd buy that. ;?

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