What I don’t get about diesel fuel prices - Just a month ago, diesel was just over 20 cents per gallon higher than regular unleaded (at least around here).
When crude prices jumped to records, and regular unleaded started climbing by 5 cents or so per day, diesel jumped 20 cents per day. Now the differential is 60 cents. I don’t get it. Diesel demand didn’t change that fast.
They were saying that in a barrel of oil, not all of it is suitable to make diesel. Therefore, they automatically make more gasoline from a barrel than diesel. The demand for gasoline is dropping. They said in some areas the demand has dropped as much as 5% in the past year.
They were also emphasizing that our stupid political policies are creating this. IOW, we need to be drilling for our own oil. It's stupid not to. This should be one of the main campaign issues.