[gjs1]

I have been looking over an interesting website from a company that studies fuel prices and have discovered that the refining margin on diesel fuel has never been higher than it is right now. Historically it has been in the 15-20 cents per litre range (Website is from Canada), but now the refining margin is almost 40 cents/litre so even though the price of crude has come down, the price of diesel has stayed high. Seems like someone is protecting themselves from profits falling too much. Gasoline margins have stayed consistent, and that is why the price of gas has fallen. You should check it out

MJ Ervin & Associates Inc.

 

[FloridaEd]

Fuel Prices

But it's still a supply & demand world. The refiners couldn't keep their margins that high if the demand didn't support it.

Fortunately, I expect increased supply to come on line in 2009. Hopefully.

Florida Ed

 

[Cjhstang]

building on floridaed... diesel demand is been increasing significantly in europe. many europeans are driving diesel cars instead of the gassers. this kicks the prices up on this side of the world too...

 

[Greenie]

Diesel is refined along with JetA and home heating oil, fuels that remain in demand. Think of how air traffic has increased in the past 20 years.

 

[YellowCat]

Diesel is refined along with JetA and home heating oil, fuels that remain in demand. Think of how air traffic has increased in the past 20 years.

I think the dieselprice is at 5 year low right now. So don´t complain.

 

[sclevela]

i dunno about anyone else but if i remeber correctly diesel always spikes in the winter due to the demand in #2 fuel oil (diesel with dye) ... a better judge would be to see where it ends up come june or may i would think