To: rightinthemiddle
2.22 here, but why is diesal still at 3.20+??
10 posted on
10/31/2005 6:24:45 AM PST by
Centurion2000
((Aubrey, Tx) --- America, we get the best government corporations can buy.)
To: Centurion2000
2.22 here, but why is diesal still at 3.20+??
____
I was wondering the same thing...1.20 higher here, too. I'm sure some smart Freepers can tell us why.
27 posted on
10/31/2005 6:28:34 AM PST by
rightinthemiddle
(I know my enemy. I have Cable TV.)
To: Centurion2000
2.22 here, but why is diesal still at 3.20+?? I've speculated that most diesel fuel is purchased on contracts, so the "price at the pump" doesn't accurately reflect the true prices that are being paid. Truckers who bought diesel contracts at $2 per gallon were making out like bandits when the price went up to $2.50, and retailers have to charge their short-term customers (those who buy at the pump) a very high price to make up for the losses they incur on the long-term contracts.
64 posted on
10/31/2005 6:57:22 AM PST by
Alberta's Child
(I ain't got a dime, but what I got is mine. I ain't rich, but Lord I'm free.)
To: Centurion2000
2.22 here, but why is diesal still at 3.20+??I'm guessing the refineries where diesel is made were affected by the hurricane.
111 posted on
10/31/2005 8:11:52 AM PST by
Protagoras
(Price is the best tool for the allocation of resources)
To: Centurion2000
saw diesel here at a Conoco for $2.86 -- OKC
132 posted on
10/31/2005 12:22:39 PM PST by
Cudjo
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