Diesel prices in your area?

WM75Guy · Sep 16, 2015

Diesel $2.18, been pretty steady there. Gas is falling, now $1.88. Still glad I drive a diesel.

stickandtin · Sep 17, 2015

Lubbock, TX. Diesel 2.01/gal. Regular gas 1.74 today.

Wa11banger · Sep 17, 2015

$2.09- $2.11 Lawrenceburg, Tn, and some Northern Alabama.

NJDevil · Sep 17, 2015

2.05 here in Florence SC
1.80 Reg Gas

coobie · Sep 18, 2015

Had my diesel/gas tanks filled yesterday $1.96 for #2 red diesel 87 octane gas was $2.28 gal.

Tomtint · Sep 18, 2015

I think it may be about time to hedge mt bets and buy a couple years worth of home heating oil. I think we are at or very near the bottom.

NJDevil · Sep 18, 2015

Today In Florence SC

Gas 1.79
Diesel 2.02

newbury · Sep 18, 2015

Tomtint said:
I think it may be about time to hedge mt bets and buy a couple years worth of home heating oil. I think we are at or very near the bottom.

That's what I said last year in December.

newbury · Sep 18, 2015

Tomtint said:
I think it may be about time to hedge mt bets and buy a couple years worth of home heating oil. I think we are at or very near the bottom.

That's what I said last year in December.

davesl708 · Sep 18, 2015

newbury said:
That's what I said last year in December.

Having worked in the oil and gas industry I think the supply of oil will be high for some time. OPEC is loosing money as the USA continues in increasing production and demand declines.

Drilling continues in the Dakotas and the oil needs to go somewhere. After drilling all those wells the oil companies will need to re-coop their cost. They will not simply cap all those wells.

The other side of the equation is refining. Here in the USA we have not built a refinery in 30 years. The current refineries are getting old. That will be the factor that influences prices at the pump. Oil could fall to $20 a barrel but if the refineries are down for maintenance or rebuilding we will see higher prices.

Now that Iran will be contributing more oil to the market we may see more volatility in the industry as everyone tries to get rid of their oil.

If the USA does not build new refineries to handle the supply prices will constantly fluctuate with the old refineries.

Enjoy the prices while we can. :2cents: