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.I am a Diesel supporter ( Ford 7.3, VWTDI, Kabota Diesel, Nd MEP 802). But just weekend I visited my Cousin and she had a Chevy Bolt. On the dash display it reported since last charge 70 miles use 15kw. Is this normal? At 10 cents a kw here (MD) times 15 = $1.50. My grand Cherokee at 17mpg gas consumed for 70 miles. 4.1 gallons @ 4.50 = $18.00. Is this right? Or is my math corrupt.
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Get with the times. Its a new model called Brandon economics.I can't for the life of me figure out what the deal is with diesel prices around me. Within a 4 mile drive I can find prices for a gallon of diesel varying from $5.69 to $5.09. Literally on the exact same highway. And the best part is one day the first station I pass will be the highest, and the week after it will have the lowest price while the next one down the street has flopped in the opposite direction... Makes zero sense.
Yeah, that's the knee-jerk reaction I expected, but I'm more of a details and specifics kinda guy. I understand policy has consequences, but they should be pretty close across the board since the same awful policies should effect these stations exactly the same seeing as they all get the fuel from the same pipeline depots. Is it a corporate level thing, or is each station trying to test the waters to see how much profit they can make? But if the latter, why drop from highest to lowest around in less than a week's time?Get with the times. Its a new model called Brandon economics.
Here in PR the local consumer protection agency regulates the profit margin on fuel and has stations posting fuel delivery dates. This causes up and down pricing based on when the gas station got its fuel in relation to market prices. Its an anti gouging measure.Yeah, that's the knee-jerk reaction I expected, but I'm more of a details and specifics kinda guy. I understand policy has consequences, but they should be pretty close across the board since the same awful policies should effect these stations exactly the same seeing as they all get the fuel from the same pipeline depots. Is it a corporate level thing, or is each station trying to test the waters to see how much profit they can make? But if the latter, why drop from highest to lowest around in less than a week's time?
The "81 million" should be led in shackles to the town's square and then tared and feathered one at a time, With Biden, Schumer & Pelosi being first in line.........5.15/gal here for diesel, but it’s what “81 million” wanted. These parts are getting rough on cost nowadays
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.The "81 million" should be led in shackles to the town's square and then tared and feathered one at a time, With Biden, Schumer & Pelosi being first in line.........
(Probably inappropriate comment, but what the heck, for the fun off it)
Most gas stations get at least one delivery a day, at the 'contract' rate, which is set one to two weeks ahead of delivery. A 5000 gallon tanker will be enough to fill about 250 20 gallon (average fillup) customers. Depending on the number of pumps they have will determine how fast it is pumped out. They can also get 'spot' deliveries when demand goes up. During the previous administration the spot price was 10-15 cents a gallon higher than the contract price, currently the spot price is at least 50 cents and going higher than the contract price, which is also rising. That is part of why you see fluctuations - each shop/brand gets their purchase price slightly different because of when their 'contract' is signed, and which refinery, and then when they sell more than expected and have to get 'spot' shipments, they pass that higher price on to their customers. It's called micro economics (vs Macro economics). I got a Bachelors Degree in Economics in 1969, and an MBA in Finance in 1973. You guys have your strengths in other subjects, mine's in the dismal science of economics.Here in PR the local consumer protection agency regulates the profit margin on fuel and has stations posting fuel delivery dates. This causes up and down pricing based on when the gas station got its fuel in relation to market prices. Its an anti gouging measure.
Who are these 81 million?5.15/gal here for diesel, but it’s what “81 million” wanted. These parts are getting rough on cost nowadays
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Tetraethyl lead boosted the octane rating, removing it meant they had to refine the gas more to get the octane rating back up. Diesel, to remove 'excess' sulfur, has to be refined twice, first to make it diesel, second to reduce the sulfur to below 15 ppm. Synthetic oils are generally made from natural gas, not crude oil. So you are correct - they have no 'conventional' oil in them! I'm glad you are a skeptic! Now you are a little better informed skeptic, and no longer a 'sheeple'.We the consumers are just plain screwed. In the 1970’s when unleaded fuel was introduced, we paid more for it than regular leaded fuel. The lead was always added into the fuel, so why was unleaded fuel more expensive? Diesel fuel is a product which is produced much further down the refinement scale than gasoline. Naturally, we used to pay less for diesel fuel than gasoline. Why do we now pay more for diesel fuel than gasoline? When “multi-weight” engine oils were developed, the additives they used (to give the oils a lower viscosity when cold and a higher viscosity when hot) were synthetic. And they still are. Some “conventional” oils are now called “blends” because of this. Does this mean that “full synthetic” oils have no conventional base oils at all? Those people today who believe in nothing but full synthetic oils are paying dearly for them. Are you sure that you’re getting what you think you are? I believe in regular maintenance, and not allowing my engines to run low on coolant, causing an overheating condition. Just some more of my skepticism as a sucker consumer.
The future of mainly EV's is a government mandate that catered to the climate activists. The money grab is coming from the foreign crude suppliers who see the writing on the wall and want to get as much as they can , while they can! There has not been any new oil refinery built in the USA in over 20 years and there are no plans to build any new ones, but the demand for the products of refineries has almost doubled in that time. Why so - easy, the oil companies know how hard it is to get regulatory approval, how long it takes to build one, and how long it takes to break even on any new construction. New construction will never pay for itself even if prices double what they are now. To build one would bankrupt the company that built it. And crude oil and natural gas are used for so much more than gasoline and diesel! If it's plastic, it's made from oil or gas, period! Rubber is made from oil (synthetic rubber replaced natural rubber during WWII after Japan took over Indonesia). I feel we are beating a dead horse here.If the future is headed towards mainstream EV's, does that mean the demand for fossil fuels will eventually fall off due to a significant drop in fossil fuel consumption and prices will begin to trend downward?
Edit: I wonder if some of the pricing we are now seeing is a money grab by fossil fuel industry before demand cools off significantly? Even with the Ukraine war dynamics at play affecting the petroleum industry, its a bit difficult for me to understand the somewhat sudden 100% fuel price increase ($3 to $6) in the matter of a couple months.
Yep & the lifetime price of fuel doubling in a matter of a couple of months is now fueling (pun) the market for EV's. Our die-hard big SUV & Truck neighbor mentioned he is working the #'s to see if buying a low-end EV as his run-about for in town errands etc. makes sense. Really can't see this burly guy driving a Prius but I guess times are a changing.The future of mainly EV's is a government mandate that catered to the climate activists.
So if foreign crude is where the majority of the price mark-up is occurring our regulators need to loosen up a bit and allow additional domestic sourcing... aka drill-baby-drill!The money grab is coming from the foreign crude suppliers who see the writing on the wall and want to get as much as they can , while they can!
Were keeping all our horses well fed & healthy, especially since we just might need em to make a run into town once the corner gas station runs dry or fuel prices go stratospheric.I feel we are beating a dead horse here.
Please do that! Both on horseback and them pulling wagons and stagecoaches is probably in our future.Were keeping all our horses well fed & healthy, especially since we just might need em to make a run into town once the corner gas station runs dry or fuel prices go stratospheric.
Please do that! Both on horseback and them pulling wagons and stagecoaches is probably in our future.
Whats the carbon footprint on them horses. Likely to get cancelled along with the cows.Yep & the lifetime price of fuel doubling in a matter of a couple of months is now fueling (pun) the market for EV's. Our die-hard big SUV & Truck neighbor mentioned he is working the #'s to see if buying a low-end EV as his run-about for in town errands etc. makes sense. Really can't see this burly guy driving a Prius but I guess times are a changing.
So if foreign crude is where the majority of the price mark-up is occurring our regulators need to loosen up a bit and allow additional domestic sourcing... aka drill-baby-drill!
Were keeping all our horses well fed & healthy, especially since we just might need em to make a run into town once the corner gas station runs dry or fuel prices go stratospheric.