Diesel Price

#1

Once again, the diesel price is going through the roof. On some stations diesel fuel cost $0.50 more than premium gas. Quite possibly, we are the only country in the world or one of very few, where diesel fuel is more expensive than gasoline. Usually, when prices go up, diesel is going up first than gasoline. However, when prices fall, gasoline prices fall first. In Europe, diesel fuel is always cheaper than gasoline, regardless of the season. And they had ULSD for much longer. Is this just greed, manipulation or what?
The government explanation here, does not clarify anything:
http://www.eia.doe.gov/bookshelf/brochu ... index.html

#2

dieseldorf wrote:The government explanation here, does not clarify anything:
http://www.eia.doe.gov/bookshelf/brochu ... index.html

I'm in southern Calif. Just tanked up. D2 #3.19 Premium $3.15 Reg Unlead $2.97

It's the beginning of winter season which in THIS area should mean ... nothing.

#3

Premium gas = 3.10
B99 = 3.65 here

#4

http://www.seattlegasprices.com/index.aspx?fuel=D

#5

94.9 - 96.9 /L for Diesel ( no BD here that I can find, just the ULSD)
97.9/ L for gas (reg)
107.9 /L (prem)

We dig tons of it out of the ground here too! Cant put in fence posts without a blow out valve!

Just a cash grab!

Wednesdays prior to long weekends everything jumps at least .02 /L

Paul

#6

Now that the exchange rate is basically 1:1, you really are paying 4.00/gal north of the border.

Denver, CO:

2.97/91 oct prem
3.07/Diesel
3.14/B20 Biodiesel

#7

I know!!!
A couple of years ago when the Ca $ was about par with the Peso it was a lot worse!!!

Yesterday 1 Ca. $$ would buy 1.02 USD

Lots of Canucks dipping south for shopping!!
Border states are enjoying it I would think.

Wa. Id. Mt. are for sure becasaue it makes the news here.

4 Hr wait at Peace Arch into Bellingham Wa. last weekend!!

P

#8

Price for Diesel hit $3.59 in Portland metro area. I usually drive a view miles to the Flying J truck stop in Troutdale, exit 17 going I-84 East, where the price difference might be as much as $0.30

#9

There might be a station still selling diesel for $3.07 / gallon here in DM, but that's unconfirmed because I haven't been over there yet.

I do know that the QT out by I35/I80 is up to $3.16 for diesel as is the Casey's that's close by.

I need to go fill everything before it gets too high!!

steve a

#10

I was out to San Bernardino today.

D2 was from $3.29 to $3.59
Supreme gas $3.29 to $3.39
Unleaded low $3.09 to $3.19

I'm just waiting for some refinery plant getting shut down for whatever reason. Then they can crank up everything $0.50 more.

#11

Can anybody tell me why a truck stop would charge more for a diesel purchase paid with a credit card over being paid with cash. My local LOVE's Station charges 4 cents a gallon more for a credit purchase. Now I've actually worked at a gas station before and I know that it costs the retailer about 2 cents per transaction (Not per gallon) Now for the non trucker this may suck a little bit, but it must really suck for the trucker that dumps 100+ gallons of fuel at a time.

#12

I don't know about your station, but as a retail merchant we pay something like 2.9% to VISA (etc.) per transaction on the total (less tax) --that's a lot more than two cents per transaction. Plus an add'l transaction fee from whoever our credit Merchant Services provider is. It ain't cheap. I avoid accepting credit cards, and using mine for that reason. VISA (etc.) gets the money, not the merchant and not me.

PayPal gets more than that, close to 4%, when I'm a Seller.

I believe there is some kind of regulation and/or agreement with Merchant Services that prevents most merchants from charging for the differential. With eBay, for example, you cannot ask for more when a buyer uses PayPal or a credit card account to pay for an item -- your auction will be cancelled. However, that is not true for the UK eBay site, and you see Sellers explicitly saying that you will pay more if you use a PayPal credit line or other VISA (etc.) method of payment.

Debit transactions have a different, though similar, fee structure.

If I could, I'd advertise the credit card fees loudly everywhere, but you can lose your ability to accept credit cards if you get too vocal.

#13

Paypal is a bad deal, and I've seen a lot of sellers on E8ay are not accepting it anymore. If I were to start selling a lot again I might consider going without, it's really hard to stomach both the auction and payment system fees and still come out ahead.

Also, I really dislike the new Visa commercials that try to shame people into using a debit card to pay for everything. My theory is that if they can disconnect people from actually handing over the cash they think people will spend more and spend more freely.

Personally I'm moving back into a cash direction for local purchases. It makes me think a lot harder about whether I actually need or just want something.

steve a

#14

Here’s a little tidbit bit as to what some of the "renegade" type stations
(Qwicky Mart etc) were doing here.
The station requires up front cash before they will turn the pump on. I know that is common in the US, but here, the self serve stations that do not have “pay at the pump” are just starting this practice. (tired of losing 150+ $$$! at one “pump and run” I guess)
If you pre pay the amount that you are going to pump with a "Debit Card", or a “Credit Card”, and, if you choose not to leave your credit card with the station employee (I would never do that), if the difference in the amount pre paid, and the amount that you actually pump was less than $8.00, they would, ONLY, give you an "In Store" credit for the difference.
The “consumers" news did a pretty good story of it here and, the owner(s) refused to change their policy so, they were charged with 100+ counts of theft!
You are not allowed to charge more for accepting cards of any kind here unless you have it clearly posted, and, not some tiny note misspelled in crayon by the cash register, has to be displayed big and bold where you can clearly see it before you start pumping gas, shopping, etc.
There are lots of signs now that tell you purchases of less that $20.00 will be paid by Cash Only and no cards of any kind will be accepted.

#15

I love PayPal . . . as a buyer. I have had three very bad eBay buyer transactions in the past three years, and in each case I was able to recover all assets merely by showing PayPal the evidence. PayPal has saved me those assets.

But as a Seller, they're expensive.

plenzen wrote:You are not allowed to charge more for accepting cards of any kind here unless you have it clearly posted . . .

At least you have that out. I don't know for certain, but I believe in the US we can't do even that.

I try to use cash for all local transactions (if I have cash -- right now, I've been collecting debt heavy trying to get some of these old projects resolved). Keeping the money out of the hands of the moneychangers. Credit/debit is de rigueur for the internet.

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