Diesel vs Gas "the price gap narrows"

[Work - Never]

I stopped to fill up this morning and noticed diesel was lower then premium or mid gas and within .10 of regular. Is this evidence that it is partly a supply vs demand issue? I don't think Opec cutting back on production is going to stop this downward trend on diesel at least for the short term. Could we be filling up are diesel rigs cheaper then gas rigs by November?

It seems like we went through something like this once before. Everybody stopped driving the diesels the demand got so low the price dropped below gas for 6 months or so. That would be sweet. Cheaper to fill up and better milage.

 

[snopropanther]

diesel is 7 cents cheaper then gas per liter here. why did i sell my diesel ahaha

 

[Dogmeat]

I don't know but it's sure making me wish I'd have bought a diesel last fall instead of the big block :

 

[mb1]

I got fuel for $1.15 / L, and regular gas was $1.28 /L just a few days ago.....Dare I say sweet?

 

[tudizzle]

I have watched Diesel drop 90 cents in the past 10 weeks at the local fill-up. It just dipped below premium!

Makes me think back to all the threads beotchin about fuel prices and how some guys were even selling their sleds because it was going to be way too exspensive. haha

 

[bigfoot]

lets just remember fuel is still way higher than it should be!!

 

[NM]

lets just remember fuel is still way higher than it should be!!

Party Wrecker You are right though.

 

[steveo10]

yup diesel 9cents cheaper here

 

[adrenaline junkey]

I'm thinking i need to move diesel was 4.10 here this morning and bottom grade gas 3.55

 

[Work - Never]

lets just remember fuel is still way higher than it should be!!

Ya, I have'nt forgot that.

 

[Himark]

Yep..bunch of peeps panic sold there diesels which drove the truck market into the tank..now for the past 2 months diesels have been coming up at the auction. Guess if you bought a diesel truck a few months ago you were buying at the right time.

 

[Scott]

Gas just tumbled to 3.73 here, and diesel PLUMMETED down to 4.17.



Just for nostalgia, when I bought my diesel back in 99, it was about $1.48.
When I bought my Plymouth Horizon back in the late 80's I paid about 80 cents a gallon.

 

[Work - Never]

At this point I would like to invite all those who either sold out or parked their diesels to stay the course.

I like to look at it as "taking one for the team"

Thanks,

 

[rynokron]

I just read that even though oil traded just over $100 USD today that wholesale prices are going up. Gulf Coast areas are paying $5.00 a gallon. Texas refineries are shutting down for 5-7 days for Ike. Needless to say, bend over. Btw, I saw Diesel last night in South Seattle for $4.15 and laughed when i thought " that's pretty cheap"

 

[Yamadoo04]

I saw deisel for 3.89 by my house and 15 miles away in down town SLC it is $4.31. So why the big gap in these prices?

 

[tudizzle]

capitalism at it's finest

 

[likkerpig]

Still is a great time to buy a pickup/SUV. Market is flooded from people sh!ttin tacks because gas/diesel was expensive for a few months. Funny how a lot of people jumped ship when reality is it takes a looooong time to see the ROI on selling/trading to something more "economical."

 

[steveo10]

my diesel is almost paid 4... hangin onto her

 

[slednutz]

gettin diesel for 3.84 here

 

[Arctic Thunder]

The refinery's will start to switch over to winter fuels/heating fuels in a month of so and drive the price right back up.

Wait and see.

A bunch of BS!!

Thunder