What's with diesel price now?

[Muggins]

Winter is long gone but diesel fuel continues to sell for more than gas, putting the lie to the usual fact that diesel fuel price dips below gas during spring, summer and fall due to lower demand.

Anyone know why? I mean, I know the truth of the matter is likely shrouded in some deep, complicated, mystery, far beyond normal comprehension, or so the story goes.

What's the party line for this newer phenomenon of diesel being more expensive than gas long after the demand for heating oil has ended which was the typical explaination for more expensive diesel?

 

[imo000]

Slow down, you are repeating yourself.

It's higher because of demand. It is what it is, what does it really matter how much it is anyways. Can you do anything about it, will you stop driving your cars? If it was lower, you would save a couple bux on a tank. You can't afford that?

 

[Muggins]

Thanks for your input, Imoo. Always appreciated.

Getting back to the question, what accounts for diesel suddenly costing more than gas nowadays?

The heating oil season is long over, the added cost of 'doping' diesel fuel to make it usable in frigid temperatures is no longer applicable, and although there are certainly more diesel vehicles on the road, is the incremental demand increase really what's accounting for the reversal in pricing order of gas and diesel?

 

[dmoonen]

I'd say greed effects the price.

 

[JASONP]

I'd say greed effects the price.

Truth
7-8 months ago crude was approximately $100 a barrel with diesel price around $1.15 +/-
Today crude is about $60 a barrel with diesel around $1.10
Corporate greed wins again

 

[TDI smile]

Here in the LOWER MAINLAND (outside of the GVRD) the Diesel prices are just a cent above or sometimes even below Gas prices....Whenever we are in WA we fill-up in Bellingham.
Last the Diesel was 2.959 US$ per US Gallon.

 

[Muggins]

Truth
7-8 months ago crude was approximately $100 a barrel with diesel price around $1.15 +/-
Today crude is about $60 a barrel with diesel around $1.10
Corporate greed wins again

Definitely greed MUST be a major part of it.

And I completely agree that when crude prices rise the retail fuel price IMMEDIATELY increases, but when crude price drops as illustrated in the example above, the retail price hardly moves down at all. Nice racket.

 

[steve6]

Theres places I pass where diesel is 1.05...but as you get closer to toronto nothing but 1.12...1.14... So blame greed? So to bring down prices?

 

[NarfBLAST]

In Flamborough, Ontario right now diesel can be had for $104.9 while the best price for gas is $107.9

I don't try and understand prices of things and how big oil and big money works: I understand it is based on speculation, and then people speculate on how it works, which must be some form of irony.

One day I would like to have my own solar farm and drive a Tesla.

 

[Alchemist]

In Huntsville, diesel is 103.9 and gas is 110.7, but don't tell anybody.

 

[dlb]

1.08 - 1.10 in Ottawa

 

[Wingnut]

Diesel has been cheaper in my area for a couple months now. I have filled up 5 or 6 times between $105.9 and 107.9, all the while gas has been between $111.9 & 117.9 ion the same time period. I guess it depends on your area.

 

[imo000]

The cost of overhead in the GTA is a lot more than up north.

 

[Jlaasf]

I'm in eastern ontario and gas has been 5-10 cents/litre higher than diesel for the last month or two also.

 

[showdown 42]

Got to be a canadian thing, price of diesel in the states is almost always higher than gas,mostly due to crazy diesel taxes on Heavy duty truckers for road use. Our diesel is 30-50 cents per gallon higher than regular. Diesel cars represent maybe 2 percent of the car population,so no one cares to fight it.

 

[JASONP]

Got to be a canadian thing, price of diesel in the states is almost always higher than gas,mostly due to crazy diesel taxes on Heavy duty truckers for road use. Our diesel is 30-50 cents per gallon higher than regular. Diesel cars represent maybe 2 percent of the car population,so no one cares to fight it.

It's still cheaper than what we pay

 

[Uberhare]

I'd say greed effects the price.

Yep. If you don't like it, the only thing you can do is stop driving and decrease the demand.

 

[2.2TDI]

It's annoying, but it's still way better then what you'll find across the pond

http://www.fuel-prices-europe.info/

Note: Just look at the UK... 1.69 EURO per liter (aka 2.31/L Canadian )

 

[Toronto_Vento]

Agreed that the diesel price just doesn't seem to get any relief. Never came down as hard as gas when oil price crashed, and has always stayed higher than gas (or at best in line) in the area around Richmond Hill (at least the ones I've noticed). Weirdest thing I remember was a trip a few years ago to Texas. Diesel was more expensive than supreme gas. The advantage of diesel is slowly getting marginalized as gas engines continue to improve efficiencies. Only thing I see working in the favour of diesel is the fact that more and more cars require premium (or at minimum mid-grade) gas due to higher compression and the use of more turbos mated to smaller engines.

 

[Jetta_Pilot]

My experiences are thus, this past April and the same every year:
On my travels Diesel in Mexico is about what we pay here per liter. but it is the same in the country where ever you are.
I usually find the least expensive Diesel in Texas for around US$ 3.40 @ US gallon (3.8 liter) Then it goes up steadily the further north I drive and Michigan being the most expensive at just under US$ 4.00 per gal. At the Ambassador bridge the Duty Free Diesel was US$ 3.39 gal.
One exception I have found is in Missouri on I-70 about 1 hour west of St.Louis where I can buy Bio-Diesel for US$ 3.49 gal.

 

[Wingnut]

Filled up today at an Ultramar. They have 2 cent Tuesdays where diesel is 2 cents off on Tuesdays. I paid $102.9. Gas was 112.9, so 10 cents cheaper.

 

[NarfBLAST]

104.6 for diesel - in Flamborough Today.
108.9 for gas,
100.0 for tacos - every Taco Tuesday at Taco Bell, insert "free gas" joke here.

 

[LNXGUY]

Mmmm Tacos... Thanks for the reminder! lol

 

[Jetta_Pilot]

Mmmm Tacos... Thanks for the reminder! lol

Bill in the small town where I winter we pay about Cdn$ 1.80 for a taco. Two are enough for a good dinner and then add $ 1.10 for a cold beer.
Rudy

 

[amit9]

Filled up at Pioneer (Sheppard/Havenview) in Scarborough for $106.6 this past Sunday.

 

[TDI smile]

Every Oiltanker is FULL and on High Sea, no destination Harbour....If those Tankers come in, prices would come (dump) way down....

 

[imo000]

Every Oiltanker is FULL and on High Sea, no destination Harbour....If those Tankers come in, prices would come (dump) way down....

Where did you come up with this?

 

[NarfBLAST]

Where did you come up with this?

I know, eh? "All the tankers are at sea" is such an out of the blue comment. Reminds me of that song, "What do you do with a drunken sailor..."

 

[mohawk69]

I'd say greed effects the price.

Can you define greed? The seller of every car and part for sale here tries to sell it for as much as they can get. When they meet up with a buyer willing to pay that price then they have established the market price for that product. Every single gallon of diesel that the refinery produces is being sold. I'd say the open market is, once again, functioning as Mother Nature intended. Life is good.

 

[pcguru]

Well I am getting my wife Electric Smart Car for her 30K round trip compute to work because I am tired of paying to much for fuel based on the price of a barrel