Originally Posted by Whisky
"supply and demand" my toosch
I've got a good friend who was in the oil and gas business before he (and I) retired - we sometimes make the mistake of getting into a conversation about o&g rip-offs, er, fluctuating prices
we've the good sense to end the "conversations" before either one of us gets irritated enough to put a dent in our get-togethers
(however, I think these wild fluctuations are total b.s.).....Bill
Since you are retired from the O&G business, I wonder if I can ask you a question. If you prefer not to answer I will understand.
My question is - why is Diesel so much more expersive than the other fuels you get from a barrel of oil?
When I was much younger, Diesel was so much cheaper than gasoline and that was one reason the big trucks used it instead of gas.
Isn't Diesel on the bottom of the "fuel chain" or to put it another way, isn't Diesel what is left over over from the barrel after all the other cuts are made?
Perhaps i put this in too simple terms, but I am amazed that Diesel now costs more than gasoline.