i heard a story on the news that the high price of fuel is due to speculators, if thats the case, and the bubble bursts, are we going to give these people really big wedgies for being complete *********?

 

i still dont get why diesel costs more then regular gas...it takes less refining to make diesel so i figure that would lower the cost. but then i guess the petroleum content would be higher since its refined less...my head hurts.



kevin.

 

Diesel SHOULD cost less than gasoline. I think the reason it isn't is part political, and partly due to refinery capacity. But what the hell do I know? I'm just talkin' out of my ***.

 

Of course it is. Someone goes on the news and says oil will cost 50% more in 6 months, so everyone buys it on the stock market, which drives up the price to that level.





And you live at silicon valley, how many people got wedgies for doing the same thing with tech stocks?

 

nobody could afford underware!

 

actually we all knew the tech thing was nuts, but when its in your favor, lets keep going, you know

 

Diesel is like 30 octane and was always less until SMART cars came out. Alot of countries depend on Diesel to run themselves like the U.S. Canada...the entire G8...why the **** would they penalize themselves by making it more expensive than it has to be...



******* boggles the mind...its not like it smells like raspberries and combusts into flowers it smells like dick and combusts into pure carbon lmao!

 

Diesel actually contains more usable energy per unit volume than gasoline.

 

Diesel costs more because they are refining it and selling it to other countries, this is new. They would like you to believe the cost of diesel went up due to the new Ultra low sulfer law, but this is not the case, they found they can sell it to foreign nations for quite a bit more then they can here and it stores for long periods (more then gas) so they can shipped it refined.

 

I don't know if it has to do with the stock market or what, but TONS of small trucking firms in Canada are closing their doors or getting bought out, due to the high cost of fuel. Some businesses literally can't afford to pay for the fuel.



Guys who are used to paying 800 per fillup are spending up to 1300 dollars now. And when you drive all day everyday (except weekends), guess how often you're filling up. (Seriously, guys who don't know the amount of mileage truckers do, and the fuel economy, we have trucks that are 2002 model year with over a million miles on them. And CAT C15s get about 3-4 mpg when the truck is loaded).



If you fill up once every 3 days (minus weekends), and the cost of fuel increased 500 dollars per fill, that means you're spending an extra 43,500 dollars per YEAR on fuel. Per truck. Are you a small trucking firm? Do you have a fleet of 20 trucks? That's 870,000 dollars increase in operating costs, that you cannot avoid. "Please, and thank you," says big oil.



So companies will say "Wow, we got our reports back, and we spent eight hundred seventy thousand dollars more in fuel in 2008 than in 2007. Wow our profits are fading fast... Um, let's close our doors. No wait! We will have a fuel surcharge and the business using our services will have to pay to offset our operating cost increase. The local grocery chain store can afford that, not us. If we close, nobody is getting groceries."

















And people are like "WHAT DO YOU MEAN THE COST OF FOOD IS INCREASING?!"







Yay, greed. But hey I am also speculating and talking out of my ***, with bits of factoids I learned from my trade. Those numbers are pretty round, but there is truth in them.