Diesel today

[Bentrim]

At my age, 'racing' is getting to the toilet and not wetting my pants...

Racing is getting to the toilet before my wife!
I remember while in the Army in Fort Sill gas was .25 didnt care what mileage my car got back then, seemed they all got 10mpg of course a heavy right foot didn't help.
Racing also is what you watch onTV and wish that was me in that seat---until the big one.
As for gas tax it seems here in Pa it is used for the shovel handle testers as they lean on their shovel watching everyone else work.
My favorite is when they have just paved the road and then a utility comes in digs a trench and then put a rough suspension destroying "patch" on it.

 

[joc664]

Diesel 4.15 PG today... My guess that this time next year its sub 3.00.. I remember back in 2018/2019.. Mass was pushing hard to raise the fuel tax because gas was sub 2.00 PG and it was such a great time to do it,.. because they could add .25PG and the consumer wouldn't really notice it...

What are the reasons you think it will get this low. Oil is a world market now, and our prices are some of the cheapest in the world. Hard to see a mechanism for price getting this low.

 

[tjandrews]

Racing is getting to the toilet before my wife!
I remember while in the Army in Fort Sill gas was .25 didnt care what mileage my car got back then, seemed they all got 10mpg of course a heavy right foot didn't help.
Racing also is what you watch onTV and wish that was me in that seat---until the big one.
As for gas tax it seems here in Pa it is used for the shovel handle testers as they lean on their shovel watching everyone else work.
My favorite is when they have just paved the road and then a utility comes in digs a trench and then put a rough suspension destroying "patch" on it.

Or how about how, right after they pave a nice, smooth road, they grind gouges out of the center. It's almost as if they don't want you crossing to the wrong side of the road when you fall asleep at the wheel...

 

[tjandrews]

It was around $40/barrel in the early 2020s and the petroleum industry was posting losses. Higher prices is one of the reasons why the U.S. industry was producing record volumes in 23 and 24.

Those losses were more because the economy had been tanked because of covid, and so demand for motor fuels was way off, than it is because of the price of crude.

 

[jyoutz]

Those losses were more because the economy had been tanked because of covid, and so demand for motor fuels was way off, than it is because of the price of crude.

It’s connected. The industry doesn’t make profits at $40/barrel.

 

[jyoutz]

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

What was your annual income in 1970?

 

[jyoutz]

Diesel 4.15 PG today... My guess that this time next year its sub 3.00.. I remember back in 2018/2019.. Mass was pushing hard to raise the fuel tax because gas was sub 2.00 PG and it was such a great time to do it,.. because they could add .25PG and the consumer wouldn't really notice it...

Sub $3 today.

 

[D&D]

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.

Often see them at the pump with 5 gallon to 55 gallon cans in their truck. One guy I’ve seen has a 250 gallon IBC tote on his. Some also use the off-road pump for their older farm trucks.

 

[dodge man]

It used to be easy several years ago to kerosene around here, now it’s only one place. I mainly use it to add to diesel when it’s going to get cold to prevent gelling. I paid $6.50 a gallon today for 5 gallons, which will probably last me a couple of years.

 

[paulsharvey]

Paid $3.19/gal for on road day before yesterday.

 

[LouNY]

It used to be easy several years ago to kerosene around here, now it’s only one place. I mainly use it to add to diesel when it’s going to get cold to prevent gelling. I paid $6.50 a gallon today for 5 gallons, which will probably last me a couple of years.

Ouch!!!

 

[paulsharvey]

It used to be easy several years ago to kerosene around here, now it’s only one place. I mainly use it to add to diesel when it’s going to get cold to prevent gelling. I paid $6.50 a gallon today for 5 gallons, which will probably last me a couple of years.

It's been around 18 years since I bought Kerosene, but there are two gas stations that sell it locally. It was a rough time back then, Kerosene heater was the only heating in the place we rented, and it was on top of a tile topped kitchen table. It was right around the first winter when my oldest was born. Back then, the best source was the 5 gal cans from Home Depot, but they were $30+/can.

 

[CK732]

Off road needs to come down.

 

[grsthegreat]

The only thing difference between off road and on road is the dye. Fuel comes from same tank. Only difference is fed taxes.

 

[flyingace43]

Here in NW Pennsylvania we have some of the highest fuel prices around due to a monopoly by the local refinery that owns about 85% of all gas stations in the area ( gas is $3.45) diesel is around $4.09 but I just bought off road this week for $2.75 but I was just across the state line in Ohio this morning and gas was $2.59 and diesel was $3.35? They have the people thinking its the fuel tax but its only $0.20 higher here on gas in PA and about $0.30 on diesel so that is not the case it is just greed.

 

[Hay Dude]

Here in NW Pennsylvania we have some of the highest fuel prices around due to a monopoly by the local refinery that owns about 85% of all gas stations in the area ( gas is $3.45) diesel is around $4.09 but I just bought off road this week for $2.75 but I was just across the state line in Ohio this morning and gas was $2.59 and diesel was $3.35? They have the people thinking its the fuel tax but its only $0.20 higher here on gas in PA and about $0.30 on diesel so that is not the case it is just greed.

Who? Sunoco?

 

[flyingace43]

Who? Sunoco?

United refining in Warren PA they own most of the convenience stores in the area and they set the price for fuel so all the other stations follow the price gouging.

 

[Flogger]

I do t recall what crude was selling for per barrel in 2018/2019 when diesel was 2.10- 2.25 pg and gas was sub 2.00, .. I believe it was about 40.00 per barrel +\-.. but I could be wrong

Oil field friends see the impending cuts as a double edge sword. It will cause some job loss but a boom for the overall economy.

 

[Flogger]

I've always been curious if the red dye is put in at the fueling rack at a refinery or if it's put in at the distributor.

Sort of like the odorant in propane. I know way back when, the stink was added at the distributor but now it comes with the propane when it's loaded at the fuel rack.

Interesting story abut that... One of my good friends and hunt buds owns the local propane company up town (I buy my gas from him) and when he was much younger, he caught his girlfriend cheating on him so he took some of the concentrated odorant and dripped it in her other boyfriend's car and turned out he had to sell the car to get rid of the stink... Talk about payback.. There it is.

Think it called Methyl Mercaptan or something like that. All I know is it stinks terrible.

Friction modifier works too. LOL

 

[jyoutz]

Oil field friends see the impending cuts as a double edge sword. It will cause some job loss but a boom for the overall economy.

The shale oil frackers say that they cannot economically operate when the crude price per barrel is less than $58. And the largest oil field (Permian Basin) is shale bedrock. Producers are not going to increase production to the extent that it drives crude prices below profitability.