Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:59 PM

GasBuddy News Article

48
votes
Forget gasoline, diesel topped $4 a month ago

Marketwatch -- High diesel prices are “even worse for an economic recovery than high gasoline prices,” said Denton Cinquegrana, senior markets editor at the Oil Price Information Service (OPIS). “Most Americans pay attention to the price of gasoline, but we totally neglect the impact high diesel prices have on goods and services.”

“Anything from milk and eggs at the grocery store, to beer at the liquor store, and the newest PlayStation games at Best Buy” all get to their destination somehow — and that somehow is usually by truck, said Cinquegrana.

Consumers are also “less interested in diesel because they don’t buy it every week and the cost increases are indirect,” he said, but diesel costs are “passed through in the goods we purchase.”

An estimated 94% of all freight in the U.S. relies on diesel,


Read the Full Article

Submitted Apr 07, 2012 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Forget gasoline, diesel topped $4 a month ago Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,186
Points:2,060,515
Joined:Nov 2008
Message Posted: Apr 11, 2012 5:00:39 AM

Diesel has been at $4.15 since pretty much the beginning of the year around here. At 30 or more cents higher than gasoline, it's starting to almost not be worth buying another diesel truck when mine gives up as the difference barely makes the higher efficiency of the diesel really useful. Even when towing.
Profile Pic
rjhenn
Champion Author Des Moines

Posts:27,147
Points:2,653,650
Joined:Aug 2005
Message Posted: Apr 9, 2012 1:23:12 PM

Highest price here is $3.99.

Gotta love that Canadian crude, which is a good reason to oppose Keystone XL.
Profile Pic
peetie
Rookie Author Twin Cities

Posts:36
Points:50,145
Joined:Apr 2006
Message Posted: Apr 9, 2012 10:11:56 AM

When you shop around in the country-side / good deal "off name brand" deals can be found still under $4!
Profile Pic
52MPG
Champion Author Dayton

Posts:9,396
Points:2,190,975
Joined:Apr 2006
Message Posted: Apr 9, 2012 12:35:59 AM

It is $4.19 at the local gas stations.
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:10,943
Points:2,300,750
Joined:Nov 2004
Message Posted: Apr 8, 2012 11:51:57 PM

Diesel topped $4 per gallon many months ago, in my area.
Profile Pic
dond
Rookie Author Hawaii

Posts:89
Points:191,345
Joined:Apr 2012
Message Posted: Apr 8, 2012 2:00:01 PM

Diesel averaging $4.60 in Hawaii!
Profile Pic
bwatchingu
Champion Author Arkansas

Posts:3,841
Points:1,051,350
Joined:Jan 2009
Message Posted: Apr 8, 2012 9:09:50 AM

The Obama Way
Profile Pic
FuelBarge
Champion Author Long Island

Posts:11,381
Points:2,526,775
Joined:Aug 2005
Message Posted: Apr 8, 2012 6:16:37 AM

There are no stations anywhere in my travels that are under $4 a gallon. In fact the Long Island Gas Prices site shows only three stations at 3.979. Everyone else is 3.999 and above.
Profile Pic
tomok
Champion Author Portland

Posts:41,903
Points:2,796,160
Joined:Aug 2006
Message Posted: Apr 8, 2012 5:25:45 AM

Forget gasoline, diesel topped $4 a month ago. The higher the price for fuel (either gasoline or diesel) the higher the price for food, goods and services, personal transportation, public transit, airline passenger and freight transportation and their related fees AND many many more items all tied to higher fuel costs. Higher fuel costs and Barry's economy takes that much longer to get better but he will say something different.
It does NOT help when Big oil is selling fuel and natural gas on the world market for higher prices but there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction (the oil tax collection). The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pays higher prices at the pump for their benefit.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible.
The price of fuel at the pump is too high!
12/22/2012!
Profile Pic
WalRus49
Champion Author Boston

Posts:6,269
Points:1,319,515
Joined:Nov 2010
Message Posted: Apr 8, 2012 12:20:14 AM

More organized mayhem and pillage...............
Profile Pic
TerryLee
Champion Author Ohio

Posts:14,600
Points:2,790,150
Joined:Mar 2004
Message Posted: Apr 8, 2012 12:08:34 AM

why is this higher then gas now
Profile Pic
NemoIL
Champion Author Illinois

Posts:4,912
Points:1,725,265
Joined:Aug 2008
Message Posted: Apr 7, 2012 11:38:00 PM

You can thank the "greens" for forcing through a bill to reduce sulfur in diesel fuel. This is what forced diesel from being the cheap fuel to being the most expensive. As Obama said, "yes we can." Just wait until the end of Obama's second term when gas and diesel pass $8 per gallon.
Profile Pic
unicornpmb
Champion Author Buffalo

Posts:10,634
Points:2,080,245
Joined:Sep 2005
Message Posted: Apr 7, 2012 11:34:12 PM

Should not be higher then gas.
Profile Pic
danreino
Champion Author Twin Cities

Posts:9,828
Points:1,838,480
Joined:Mar 2008
Message Posted: Apr 7, 2012 11:32:32 PM

$4.39 a Lb for Chuck. Wtf. Next...???????
Profile Pic
probedude2
Champion Author Akron

Posts:14,703
Points:2,830,855
Joined:Jun 2003
Message Posted: Apr 7, 2012 11:31:58 PM

Who goes to Best Buy anymore?
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:4,848
Points:1,181,580
Joined:Mar 2011
Message Posted: Apr 7, 2012 11:30:51 PM

Makes me feel happy I didn't jump on the diesel bandwagon
Profile Pic
scrossi
Champion Author Indiana

Posts:6,013
Points:1,493,515
Joined:Dec 2008
Message Posted: Apr 7, 2012 11:30:19 PM

Agreed gasholem1.
Profile Pic
nomad228
Champion Author Columbus

Posts:3,208
Points:592,275
Joined:Feb 2011
Message Posted: Apr 7, 2012 11:30:05 PM

i could have sworn i replied to this topic this morning or another topic saying the exact same thing. diesel costs more because big earl knows they have the trucking industry over a barrel unless the gov'ment steps in and puts a freeze on diesel pricing,but then they will just raise gas prices to cover what they "speculate " : ) they will lose in sales of diesel. either way the public loses unless we drown them in their own product then fuel prices will come down in a split second. : ) hahahahaha what's that saying- hoist them by their own petard. : )
Profile Pic
NotmeuQc
Champion Author Montreal

Posts:7,592
Points:1,575,025
Joined:Apr 2009
Message Posted: Apr 7, 2012 11:27:20 PM

Diesel is once again cheaper than gas, but not much cheaper. Its around $5.25/L.
Profile Pic
jetskijerry
Champion Author North Carolina

Posts:5,984
Points:1,217,160
Joined:Mar 2011
Message Posted: Apr 7, 2012 11:26:42 PM

This is so true! And the only diesel prices being higher than gas is prue greed! The oil companies used to charge LESS for diesel than gas, since the fuel is less refined and SHOULD COST LESS!!! Oil companies know that trucks have to buy diesel to run the roads. And, the cost of everything else goes up because of it...
Profile Pic
Matt G
Champion Author Boston

Posts:6,675
Points:3,223,050
Joined:Jun 2004
Message Posted: Apr 7, 2012 11:24:31 PM

Ok
Profile Pic
GasholeMI
Champion Author Lansing

Posts:12,127
Points:2,116,845
Joined:Jul 2008
Message Posted: Apr 7, 2012 11:24:01 PM

So, others are noticing the constantly higher grocery prices? Funny how there is no inflation though.
Profile Pic
Badjef
Champion Author Florida

Posts:6,255
Points:1,268,490
Joined:Jan 2011
Message Posted: Apr 7, 2012 11:23:46 PM

People run on gasoline, the economy runs on diesel. The reporters run on gasoline. Only when the reporters have a vested interest in diesel do they report on diesel prices.
Profile Pic
chuckwthompson
Champion Author Charlotte

Posts:5,918
Points:1,027,710
Joined:Sep 2011
Message Posted: Apr 7, 2012 11:22:45 PM

Hard to find any gasoline or diesel for under $4.00 a gallon!
Profile Pic
DandyDapple
All-Star Author North Dakota

Posts:715
Points:623,620
Joined:Sep 2008
Message Posted: Apr 7, 2012 11:22:09 PM

Cheaper to produce than gasoline but more expensive at the pump ... go figure ...
Profile Pic
MRED3
Champion Author Jacksonville

Posts:4,961
Points:1,205,145
Joined:May 2009
Message Posted: Apr 7, 2012 11:21:45 PM

We need Obama out of office!
Profile Pic
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Apr 7, 2012 11:18:26 PM

And when I was growing up, diesel was much cheaper than gasoline.
Profile Pic
jkpsr
Champion Author New Jersey

Posts:5,806
Points:1,527,130
Joined:Jun 2005
Message Posted: Apr 7, 2012 11:17:22 PM

It is hard, but fully possible, to find diesel for less that $4 in NJ.
Profile Pic
Badmoon
Champion Author Massachusetts

Posts:10,451
Points:2,102,120
Joined:Oct 2008
Message Posted: Apr 7, 2012 11:16:07 PM

Low sulfur really moved the price of diesel up but the european market being under supplied is hurting us here.
Profile Pic
PrettyLittleLady
Champion Author Modesto

Posts:5,657
Points:2,327,940
Joined:May 2006
Message Posted: Apr 7, 2012 11:16:03 PM

Our Diesel prices have been over $4 all year--ain't no big deal--just deal with it.
Profile Pic
Bigwaynef
Champion Author South Carolina

Posts:14,253
Points:2,529,845
Joined:Dec 2006
Message Posted: Apr 7, 2012 11:15:33 PM

Buy ready to buy a plane, might be damn cheaper...
Profile Pic
lowpet
All-Star Author Texas

Posts:527
Points:86,915
Joined:Dec 2008
Message Posted: Apr 7, 2012 11:15:19 PM

diesel has always been ever since the ultra low sulfur diesel was introduced in 2007
Profile Pic
96sc1
Champion Author El Paso

Posts:8,517
Points:1,367,640
Joined:Mar 2008
Message Posted: Apr 7, 2012 11:15:10 PM

Ever since the EPA cleaned it up.
Profile Pic
VetteFan
Champion Author Indiana

Posts:11,317
Points:2,362,005
Joined:Aug 2005
Message Posted: Apr 7, 2012 11:13:05 PM

Food prices are about to soar?
Profile Pic
Beboper
Champion Author Virginia

Posts:10,879
Points:2,614,440
Joined:Oct 2005
Message Posted: Apr 7, 2012 11:12:53 PM

diesel is always high
Profile Pic
judgemobile
Champion Author Ohio

Posts:9,709
Points:2,895,585
Joined:Nov 2005
Message Posted: Apr 7, 2012 11:12:24 PM

diesel used to be a DIME a gallon--bring back those days !!
Profile Pic
Rooster922
Champion Author Wilmington

Posts:4,094
Points:948,675
Joined:Jan 2009
Message Posted: Apr 7, 2012 11:12:09 PM

I don't even think about it much more forget about it.
Profile Pic
crreed1
Champion Author West Virginia

Posts:3,980
Points:2,953,245
Joined:May 2005
Message Posted: Apr 7, 2012 11:11:40 PM

that's why your food is high dollar
Profile Pic
dancygreen
Champion Author Twin Cities

Posts:3,077
Points:704,735
Joined:Sep 2011
Message Posted: Apr 7, 2012 11:08:49 PM

i thought diesel got a much higher mpg?
Profile Pic
Number43
Champion Author Lexington

Posts:10,924
Points:2,088,765
Joined:Oct 2008
Message Posted: Apr 7, 2012 11:07:36 PM

I don't worry about diesel.
Profile Pic
ron98146
Champion Author Seattle

Posts:1,939
Points:1,260,955
Joined:Jun 2008
Message Posted: Apr 7, 2012 11:07:01 PM

and still going up
Profile Pic
rawdog1313
Champion Author Lexington

Posts:4,873
Points:1,987,920
Joined:May 2008
Message Posted: Apr 7, 2012 11:07:01 PM

OK......
Profile Pic
timbyus1
Champion Author Fort Worth

Posts:3,418
Points:713,395
Joined:Mar 2012
Message Posted: Apr 7, 2012 11:06:43 PM

Unfortunatly we pay for it in everything we buy
Profile Pic
eblair54
Sophomore Author Missouri

Posts:143
Points:706,950
Joined:Sep 2011
Message Posted: Apr 7, 2012 11:06:36 PM

I guess that's why you can't get a decent TV dinner for under $2.00 anymore.
Profile Pic
yakstar
Champion Author Montreal

Posts:4,355
Points:912,415
Joined:Jan 2012
Message Posted: Apr 7, 2012 11:06:31 PM

it's a rough market...
Profile Pic
jem069
Champion Author Detroit

Posts:4,253
Points:1,057,015
Joined:Jan 2011
Message Posted: Apr 7, 2012 11:06:04 PM

Ok
Profile Pic
Blue_Cruzer
Champion Author Lexington

Posts:8,894
Points:1,942,465
Joined:Mar 2007
Message Posted: Apr 7, 2012 11:04:50 PM

Just check supermarket prices, up across the board.
Profile Pic
TheSicilian
Champion Author Jacksonville

Posts:7,516
Points:1,919,475
Joined:Feb 2009
Message Posted: Apr 7, 2012 11:04:47 PM

that's right
Profile Pic
eswi
Champion Author Madison

Posts:4,649
Points:1,132,005
Joined:Mar 2009
Message Posted: Apr 7, 2012 11:04:28 PM

OK
Profile Pic
luwachris
Champion Author Los Angeles

Posts:1,097
Points:227,945
Joined:Jul 2011
Message Posted: Apr 7, 2012 11:01:34 PM

Don't need diesel.
Post a reply Back to Topics