"Bandit" (2bandit)
12/03/2014 at 10:07 • Filed to: None
2
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"Bandit" (2bandit)
12/03/2014 at 10:07 • Filed to: None | 2
| 17 |
Regular is about $2.65, diesel is $3.99. This is why diesels aren't more popular in the US. That gap in price is absolutely crazy.
Jon-o
> Bandit
12/03/2014 at 10:15 |
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That is a huge gap! I know in winter the diesel prices seem to be higher as well. From what I've seen around here diesel is usually close to premium in terms of cost until winter arrives.
Aaron M - MasoFiST
> Bandit
12/03/2014 at 10:18 |
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It's a bit of a Catch-22...if diesels were more popular there would be more diesel produced, and prices would go down. Even counting trucks and trains, gasoline has about double the sales volume of diesel fuel in the US (Source: EIA http://www.eia.gov/dnav/pet/pet_c… )
cayman2007
> Bandit
12/03/2014 at 10:26 |
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Diesel is $3.25 here in Portland, Oregon. As a point of reference, premium gas is $3.00
v8corvairpickup
> Bandit
12/03/2014 at 10:28 |
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In my hometown, regular is $2.59 and Diesel is 3.59. Hard to believe that about a year ago they were both at $3.65 per gallon.
Phyrxes once again has a wagon!
> Bandit
12/03/2014 at 10:31 |
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Regular is about $2.45 here in Virginia outside of DC, Diesel was $3.35 when I filled up yesterday. But for me its still worth it for the 45+ mpg highway I get driving to work.
T5Killer
> Bandit
12/03/2014 at 10:32 |
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$2.65 I paid $2.35 last night.
davesaddiction @ opposite-lock.com
> Aaron M - MasoFiST
12/03/2014 at 10:42 |
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This.
Diesel is still cheaper almost everywhere in Europe.
http://www.drive-alive.co.uk/fuel_prices_eu…
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davesaddiction @ opposite-lock.com
> Bandit
12/03/2014 at 10:44 |
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I does make me feel kind of bad for all the people who bought anything diesel-engined a year ago in order to save on fuel costs.
But Aaron hit the nail on the head. The only reason the price is so high is because so much of our refining capacity is focused on gasoline.
KusabiSensei - Captain of the Toronto Maple Leafs
> Bandit
12/03/2014 at 10:50 |
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Diesel was $3.33/gal on my way in to work. Premium at the same station was $3.05/gal.
Regular was $2.65/gal at that station.
That's not too off from what it usually is.
Party-vi
> Bandit
12/03/2014 at 11:01 |
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Yeah but torque tho.
BrownMiataDieselWagon
> Bandit
12/03/2014 at 11:08 |
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At this price, it means that a diesel car must have ~1.506x the fuel economy of a gasoline car in order for their cost/distance to be the same. However, this doesn't take into account other benefits/drawbacks of having a diesel vs. a gasoline car (price of car, torque, driving range, availability of fuel, etc.).
Buick Mackane
> Bandit
12/03/2014 at 11:11 |
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Most places are selling regular unleaded here in LA for about $3.03. I did see one place selling it for $2.99. I am betting we will never see prices this low again in our lifetime, so I filled up every car and fuel jug that I own. My Jaguar has twin tanks for a total of 25 gallons, my Ford van holds 35 gallons, my Saturn hold 12.8 gallons, and I keep 30 gallons stored in the backyard (far away from the house and garage in a small shed). I've been using STP Multipurpose Motor treatment for a fuel stabilizer, it works much better than Stabil.
E. Julius
> Bandit
12/03/2014 at 11:22 |
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A quick search didn't yield any numbers for a cross–price elasticity, but you can see in the attached charts [ source ] that the prices for diesel and gasoline vary somewhat independently from other. On top of that, as this European Commission Environmental Economics report states (emphasis mine):
The tax differentiation between diesel and petrol subsidises transport activity by households and firms… Average excise duty is higher for petrol than for diesel in every EU Member State except for the United Kingdom, in which petrol and diesel are taxed at the same per-litre rate. As a result, it is cheaper for individual consumers of fuel to use diesel rather than petrol in most of the EU . As diesel is by far the primary fuel used in the trucking sector, diesel prices affect the prices of goods that are transported by trucks and affect modal choice at the margin (e.g. truck versus rail)… Greater demand also increases investment in fossil fuels (upstream effect). This in turn affects trade, for instance, the EU as a whole has a deficit of close to 30 million tonnes per year of diesel that is largely met by imports from Russia3 and has to export overproduction of petrol which is essentially dependent on the demand in the US market.
So we can see that government policies play a large role in both the market for diesel cars in the EU and the US fuel market, and that the EU price differential has a larger structural tax component. By comparison, according to the same EIA source as the price charts, US diesel and gasoline prices have an identical tax component.
TL;DR: lobby your congressmen, they can indirectly give us more diesel wagons.
BoulderZ
> Party-vi
12/03/2014 at 11:32 |
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Hmm, that's odd. Current fuel prices here are $2.72 at the low end for regular (and our regular is a couple points lower octane than regular at sea level), and diesel is $3.52 to $3.72 depending on the station. I expected the prices to vary regionally, but I did not expect our range to be compressed compared to other regions. Doesn't help me either way. All three cars run on premium. I'd get a diesel just to diversify household fuel price vulnerability. And to have a truck with more of a torque/towing orientation. Current solution: we park the cars as much as possible, walk, ride the bikes, or take the bus.
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Party-vi
> BoulderZ
12/03/2014 at 12:01 |
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Wrong reply? O_o
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BoulderZ
> Party-vi
12/03/2014 at 12:02 |
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Oops, yeah, sorry 'bout that. I agree with your torque idea, though. I wouldn't mind that for trailer usage.
BJohnson11
> Bandit
12/03/2014 at 23:01 |
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On the other hand, diesel prices are fairly stable compared to more volatile gas prices. So when gas was over $4.00 in CA, diesel was the cheaper option.