The gas prices here in NYC seem to finally be trending downwards too. $3.89 this morning.
.....I'll enjoy it while it lasts.
So this means Diesel is under $4 a gallon? People who bought those TDI VW's with a 1k fuel card must be pretty damm happy.
Diesel remains at about 40 to 50 cents more a gallon in this area.
My area, too. The difference in price between diesel and regular gas has recently been the most significant I remember seeing.
I really like the idea of a diesel, but the increased fuel cost and increased purchase cost make them a tough sell in my area.
I thought Diesel was always cheaper than Gasohol, since it required less refining.
Diesel is virtually the same as #2 heating oil which is used quite a bit more in the NE than the Midwest. It is "on par" now, but that will disappear as winter hits. Diesel is often 75c higher than gas in the winter. "Demand" impacts price in addition to "how much effort it takes to make"
Before the low sulfur mandate in 2007ish, I thought Diesel was always cheaper than Gasohol, since it required less refining.
less refining? Sort of. Yes, the need for hydrogen to drive the HDS desulfurization reactors for ULSD has caused an increase in pricing...
lots of other factors too. Some arbitrary... Shipping requirements stay the same, no need for home heating, now gasoline demand for family vacation may be driving the gas price as compared to diesel.
Diesel is priced somewhere aroung RUG to midgrade right now by me.
My theory was more competition (everybody sells gas, not necessarily diesel) tends to lower prices for gas. Weird thing around here is the price spread for diesel-from $3.55 to $4-and KY, which has a LOWER fuel tax, has the HIGHEST diesel prices!?!