Sound Off on Current Diesel Price

Mozambiquer

Vendor , w/Business number
Joined
Mar 21, 2015
Location
Versailles Missouri
TDI
2004 VW Touareg V10 TDI, 2012 Audi Q7 V6 TDI, 1998 VW Jetta TDI. 1982 VW Rabbit pickup, 2001 VW Jetta TDI, 2005 VW Passat wagon TDI X3, 2001 VW golf TDI, 1980 VW rabbit pickup,
$2.39 here this morning, down from yesterday's $2.43.

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romad

Top Post Dawg
Joined
May 27, 2011
Location
Prescott, AZ
TDI
2005 Jetta GLS Wagon "Cranberry"
Still $2.699 at the Feather Falls Mini Mart around the corner from me near Oroville, CA.
 

Powder Hound

Top Post Dawg
Joined
Oct 25, 1999
Location
Under a Bridge, Crestview, FL, USA
TDI
'00 Golf 4dr White 5sp, '02 Jettachero 5sp, Wife's '03 NB Platinum Gray auto(!)
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

Top Post Dawg
Joined
Aug 3, 2003
Location
West Des Moines (formerly St Paul)
TDI
2003 Jetta TDI wagon, silver; 2003 Jetta TDI wagon, indigo blue; 2003 Golf GL 5-spd, red (PARTED); 2003 Golf GLS 5-spd, indigo blue (SOLD); 2003 Jetta TDI wagon, Candy White (SOLD)
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.
 

TSlate

New member
Joined
Jan 18, 2020
Location
OK
TDI
Black MKVII Golf S 6MT (Darthy)
$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

Top Post Dawg
Joined
Nov 18, 2014
Location
maine
TDI
2011 vw golf tdi(gone to greener pastures), 2001 ford f250 powerstroke
RUG $1.65, D2 $2.69 at the local Irving station. First time I recall a spread of $1/gal or more.
 

kjclow

Top Post Dawg
Joined
Apr 26, 2003
Location
Charlotte, NC
TDI
2010 JSW TDI silver and black. 2017 Ram Ecodiesel dark red with brown and beige interior.
According to Gasbuddy, the cheapest diesel near me is $1.55 with rug at $1.57 at the same station.
 

hey_allen

Veteran Member
Joined
Nov 25, 2006
Location
Altus, OK
TDI
2000 Jetta TDI
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

Veteran Member
Joined
Mar 11, 2007
Location
SE Wisconsin
TDI
2002 Red Beetle
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.
 

TornadoRed

Top Post Dawg
Joined
Aug 3, 2003
Location
West Des Moines (formerly St Paul)
TDI
2003 Jetta TDI wagon, silver; 2003 Jetta TDI wagon, indigo blue; 2003 Golf GL 5-spd, red (PARTED); 2003 Golf GLS 5-spd, indigo blue (SOLD); 2003 Jetta TDI wagon, Candy White (SOLD)
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

Vendor , w/Business number
Joined
Mar 21, 2015
Location
Versailles Missouri
TDI
2004 VW Touareg V10 TDI, 2012 Audi Q7 V6 TDI, 1998 VW Jetta TDI. 1982 VW Rabbit pickup, 2001 VW Jetta TDI, 2005 VW Passat wagon TDI X3, 2001 VW golf TDI, 1980 VW rabbit pickup,
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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TornadoRed

Top Post Dawg
Joined
Aug 3, 2003
Location
West Des Moines (formerly St Paul)
TDI
2003 Jetta TDI wagon, silver; 2003 Jetta TDI wagon, indigo blue; 2003 Golf GL 5-spd, red (PARTED); 2003 Golf GLS 5-spd, indigo blue (SOLD); 2003 Jetta TDI wagon, Candy White (SOLD)
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

Top Post Dawg
Joined
Apr 26, 2003
Location
Charlotte, NC
TDI
2010 JSW TDI silver and black. 2017 Ram Ecodiesel dark red with brown and beige interior.
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

Veteran Member
Joined
Nov 21, 2014
Location
FredCo MD
TDI
2004 Jetta TDI wagon; 2014 Golf TDI (buyback 7/26/17)
$2.16 for 50 Cetane SuperGold Premium at Southern States in Frederick MD.
 

romad

Top Post Dawg
Joined
May 27, 2011
Location
Prescott, AZ
TDI
2005 Jetta GLS Wagon "Cranberry"
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

Top Post Dawg
Joined
Feb 21, 2006
Location
NJ
TDI
2017 Bolt EV Premier, 2023 Bolt EUV Premier
$1.95 for RUG and $2.35 for diesel at the local Speedway. It took 3 weeks for prices to drop 10 cents.
 

Mozambiquer

Vendor , w/Business number
Joined
Mar 21, 2015
Location
Versailles Missouri
TDI
2004 VW Touareg V10 TDI, 2012 Audi Q7 V6 TDI, 1998 VW Jetta TDI. 1982 VW Rabbit pickup, 2001 VW Jetta TDI, 2005 VW Passat wagon TDI X3, 2001 VW golf TDI, 1980 VW rabbit pickup,
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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