Diesel today

[LouNY]

regular at $2.769 and on road diesel at $3.199 diesel which went up $.05 today. Off road(red) is $2.799

Local home heating oil is $3.489

dang at that price differential being close to $0.80 a gallon, I'd be going in with a couple of barrels or something and refilling my tanks.

 

[Tomtint]

regular at $2.769 and on road diesel at $3.199 diesel which went up $.05 today. Off road(red) is $2.799

Local home heating oil is $3.489

I understand the need to charge for delivery and equipment/ manpower to do so.. But it appears the heating oil company is making more than 1.00 PG.. So when they deliver 200 gallons to my home. It takes about 10 minutes to do so.. That's a nice hourly rate...

 

[kenhar]

In 1970, I delivered diesel for $.12 a gallon, regular gas for $,24 a gallon. Are these or were those "the good ole days"?

 

[Tomtint]

In 1970, I delivered diesel for $.12 a gallon, regular gas for $,24 a gallon. Are these or were those "the good ole days"?

And it was up hill...both ways

 

[tjandrews]

I'd sure like to know where the road tax funds go because here in Michigan, the roads flat suck and always have. Pot hole city, summer and winter makes no difference.

Me thinks a lot of it goes in some politician's pocket.

Excise taxes might have been enough to cover maintaining the roads back when they were introduced, but the rates, at least here in NY, haven't changed in years. They aren't enough now. Materials cost more, as does equipment and labor.

 

[ultrarunner]

In 1970, I delivered diesel for $.12 a gallon, regular gas for $,24 a gallon. Are these or were those "the good ole days"?

In 1970 gas at the big discounter was 24.9 for regular leaded...

Many wouldn't buy because it was too cheap... my grandmother went across the street to the branded for 29.9

 

[Tomtint]

Excise taxes might have been enough to cover maintaining the roads back when they were introduced, but the rates, at least here in NY, haven't changed in years. They aren't enough now. Materials cost more, as does equipment and labor.

Excise taxes have risen with the costs and value of the autos on the road. Years ago excise was assessed on a vehicle that was 5-10K... Today the average vehicle is north of 40K which brings more revenue.

 

[tjandrews]

Nice thing here (Michigan) is, ORD is not road taxed so it's usually 30-40 cents per gallon less than on road diesel.

I do pay about 15 cents extra per gallon delivery charge from my supplier however (for the convenience of having a bulk tank). Still cheaper than pump on road diesel which has no dye in it as off road is colored red and my fuel supplier does provide me with an EPA certified bulk tank included in the delivery price and that includes a hand pump and nozzle for filling the tractors.

My bulk tank is skid mounted with a built in containment berm as well.

The cost of diesel for me is a write off anyway and goes against the farm income as an operating deduction, consequently, the cost per gallon is not relevant anyway. The more it costs, the larger the offset.

My diesel farm pickup gets pump diesel but that is also a deduction as an expense but I do have to keep records and receipts for it.

Nice thing about being a working farm and registered with the state as a bona fide business is, just about everything is a tax offset, including the tractors and related equipment. Even my lube oil, filters and incurred maintenance is an offset why I buy my fluids in bulk and have them delivered to the farm.

Never had an issue with any of it and I have a good accountant as well.

We have much the same setup here. The cost of diesel is an expense for us too, but that cost certainly IS relevant. The higher the cost of diesel, the lower the farm profits.

 

[Hay Dude]

We have much the same setup here. The cost of diesel is an expense for us too, but that cost certainly IS relevant. The higher the cost of diesel, the lower the farm profits.

Had a customer ask me if I would drop the cost of hay if fuel prices dropped.
I almost dropped HIM.

 

[5030]

All types of farming equate to P&L and every producer I know of wants to stay on the P side if possible. Me included but having said that, remove the greed factor if possible.