Diesel is cheaper to produce than gas also, fact is people can reduce consumption with gas which the oil companies can react to by lowering prices. Diesel on the other hand is a given, OTR truckers have to buy it no matter what, however high it is. Oil companies just moved their profit margin from one column to the other is all. Can't have all of us running out and buying those highbreds now can they? Got to make sure soccer mom can afford the next Suburban instead of a Preo(?)
If I bought a contract for 1,000 gallons of diesel fuel last year for $1.75 per gallon, that price may have seemed high at the time. But if the price rose to $2.75 this year and it cost someone $2.00 to produce it, then I was making out like a bandit.