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GasBuddy News Article

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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,


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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
honda0105
Champion Author Tallahassee

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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.
rjhenn
Champion Author Des Moines

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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.
peetie
Rookie Author Twin Cities

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Points:50,145
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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!
52MPG
Champion Author Dayton

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Message Posted: Apr 9, 2012 12:35:59 AM

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

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Message Posted: Apr 8, 2012 11:51:57 PM

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

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Message Posted: Apr 8, 2012 2:00:01 PM

Diesel averaging $4.60 in Hawaii!
bwatchingu
Champion Author Arkansas

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Message Posted: Apr 8, 2012 9:09:50 AM

The Obama Way
FuelBarge
Champion Author Long Island

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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.
tomok
Champion Author Portland

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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!
WalRus49
Champion Author Boston

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Message Posted: Apr 8, 2012 12:20:14 AM

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

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Message Posted: Apr 8, 2012 12:08:34 AM

why is this higher then gas now
NemoIL
Champion Author Illinois

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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.
unicornpmb
Champion Author Buffalo

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Message Posted: Apr 7, 2012 11:34:12 PM

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

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Message Posted: Apr 7, 2012 11:32:32 PM

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

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Message Posted: Apr 7, 2012 11:31:58 PM

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

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Message Posted: Apr 7, 2012 11:30:51 PM

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

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Message Posted: Apr 7, 2012 11:30:19 PM

Agreed gasholem1.
nomad228
Champion Author Columbus

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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. : )
NotmeuQc
Champion Author Montreal

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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.
jetskijerry
Champion Author North Carolina

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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...
Matt G
Champion Author Boston

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Message Posted: Apr 7, 2012 11:24:31 PM

Ok
GasholeMI
Champion Author Lansing

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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.
Badjef
Champion Author Florida

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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.
chuckwthompson
Champion Author Charlotte

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Message Posted: Apr 7, 2012 11:22:45 PM

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

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Message Posted: Apr 7, 2012 11:22:09 PM

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

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Message Posted: Apr 7, 2012 11:21:45 PM

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

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Message Posted: Apr 7, 2012 11:18:26 PM

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

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Message Posted: Apr 7, 2012 11:17:22 PM

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

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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.
PrettyLittleLady
Champion Author Modesto

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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.
Bigwaynef
Champion Author South Carolina

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Message Posted: Apr 7, 2012 11:15:33 PM

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

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Message Posted: Apr 7, 2012 11:15:19 PM

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

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Message Posted: Apr 7, 2012 11:15:10 PM

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

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Message Posted: Apr 7, 2012 11:13:05 PM

Food prices are about to soar?
Beboper
Champion Author Virginia

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Message Posted: Apr 7, 2012 11:12:53 PM

diesel is always high
judgemobile
Champion Author Ohio

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Message Posted: Apr 7, 2012 11:12:24 PM

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

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Message Posted: Apr 7, 2012 11:12:09 PM

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

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Message Posted: Apr 7, 2012 11:11:40 PM

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

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Message Posted: Apr 7, 2012 11:08:49 PM

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

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Message Posted: Apr 7, 2012 11:07:36 PM

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

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Message Posted: Apr 7, 2012 11:07:01 PM

and still going up
rawdog1313
Champion Author Lexington

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Message Posted: Apr 7, 2012 11:07:01 PM

OK......
timbyus1
Champion Author Fort Worth

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Message Posted: Apr 7, 2012 11:06:43 PM

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

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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.
yakstar
Champion Author Montreal

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Message Posted: Apr 7, 2012 11:06:31 PM

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

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Message Posted: Apr 7, 2012 11:06:04 PM

Ok
Blue_Cruzer
Champion Author Lexington

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Message Posted: Apr 7, 2012 11:04:50 PM

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

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Message Posted: Apr 7, 2012 11:04:47 PM

that's right
eswi
Champion Author Madison

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Message Posted: Apr 7, 2012 11:04:28 PM

OK
luwachris
Champion Author Los Angeles

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Message Posted: Apr 7, 2012 11:01:34 PM

Don't need diesel.
SpankyMI
Champion Author Kalamazoo

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Message Posted: Apr 7, 2012 10:58:40 PM

It use to be cheaper to produce diesel, what happened?
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