Sound Off on Current Diesel Price

[Mozambiquer]

$2.39 here this morning, down from yesterday's $2.43.

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[Lightflyer1]

$1.89 here yesterday

 

[romad]

Still $2.699 at the Feather Falls Mini Mart around the corner from me near Oroville, CA.

 

[crashtested]

$1.029/L in Trail, BC today.

 

[turbobrick240]

RUG $1.85/gal, D2 $2.69/gal

 

[Powder Hound]

My favorite local Irving store has 2.009 for RUG, and 2.649 for D2.

At least it is moving in the right direction. Interesting that D2 moves at less than 1/2 the speed of RUG. Looks like the demand for D2 is higher/stronger than RUG.

Cheers,

PH

 

[TornadoRed]

I am concerned that too many independent oil producers (in Canada as well as the US) will be bankrupted by low crude prices, setting the stage for a return to reliance on foreign oil. And possibly much higher prices in a year or two. The Energy Information Agency (EIA) is already predicting something like that. Crude needs to rise to at least $50/barrel and better yet to a range between $60 and $80 for longterm energy security.

 

[Rrusse11]

Diesel has been holding at $2.35/gal for over a month here.

 

[TSlate]

$1.77

Couldn’t believe it when I saw it, but we are down to $1.77 for Diesel here in Norman, OK. Too bad our state is in deep trouble with that low of a price. Of course now I won’t need fuel for commuting for a while, so it’s just little 45 minute road trips around the area to burn off some of this cheap diesel and keep the car “Italian Tuned Up”.

 

[turbobrick240]

RUG $1.65, D2 $2.69 at the local Irving station. First time I recall a spread of $1/gal or more.

 

[kjclow]

According to Gasbuddy, the cheapest diesel near me is $1.55 with rug at $1.57 at the same station.

 

[hey_allen]

I just saw diesel at $2.19 at the station attached to the Emerald Queen Casino in Fife, WA yesterday.
Will have to check the nearby Costco and see how it compares tonight.

 

[lovemybug]

The Kwik Trip station, that I usually visit, has gas at $1.04 and diesel at $2.13. I think the last time I saw gas that low was about twenty years ago.

 

[asgoodasdead]

damn we're still around $2.40/gallon for diesel here and $1.85 for 87

 

[TornadoRed]

It's going to take several more months to shrink the oversupplies of crude oil and winter-blend gasoline. So the spread between gasoline and ULSD will continue to be unseasonably wide.

 

[Mozambiquer]

I fueled up for 2.19 yesterday, the day before I had seen 2.07, but didn't need fuel then.

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[rotarykid]

RUG is going as low as $0.959, paid $2.009 for D2 last night in the same Denver area...

 

[crashtested]

RUG $0.974/L & D2 is $101.9/L.

 

[romad]

RUG $0.974/L & D2 is $101.9/L.

Or US $0.691 and $0.723 respectively. That works out to about $2.65 and $2.74 USD per US gallon for RG and D2 respectively at the current $1.41 CDN/$1.00 USD exchange rate.

 

[TornadoRed]

May WTI crude oil futures now down $55/barrel from Friday's close, at -$36.75/barrel.

Yes, there is more oil than there are places to store it. If you had a big storage tank, you could buy May futures for -$35, hedge by selling May 2021 for +$35, and lock in a $70/barrel profit.

 

[kjclow]

On futures trading, IIRC, you don't actually have to own the product. You just have to buy today's promise to take delivery and then find someone to buy it from you at a later date. It's not like sitting on a silo of grain waiting for the bushel price to go up before you load the wagen to take it to town. Something my father in law used to do.

 

[Cptcrnch]

$2.16 for 50 Cetane SuperGold Premium at Southern States in Frederick MD.

 

[kjclow]

Lake Wylie, SC - D2 $1.54 RUG - $1.67

 

[Drclaw]

BJ's cape cod MA. $1.67 reg $2.44 Diesel

 

[romad]

During my trip from Prescott, AZ to Oroville, CA yesterday, I filled up at Fastrip in Bakersfield, CA for $2.059/gal! This was even way cheaper than the $2.60/gal in Prescott, AZ.

 

[El Dobro]

$1.95 for RUG and $2.35 for diesel at the local Speedway. It took 3 weeks for prices to drop 10 cents.

 

[Hyde7278]

$1.99 for D2
$1.49 for RUG
In central MI

 

[Mozambiquer]

I just fueled up for $1.89 in Osage beach Missouri. First time below $2 I've seen for a while!

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[Mofoliar]

I filled up in Paradise,CA yesterday @ $2.15

 

[romad]

I filled up in Paradise,CA yesterday @ $2.15

I didn't know there was a Fastrip station up here in Nor Cal. Back on the 23rd I filled up at one in Bakersfield for $2.06