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Peakoil.com :: View topic - Record Diesel engine fuels price thread.
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Record Diesel engine fuels price thread.
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frankthetank
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PostPosted: Fri May 23, 2008 3:56 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Diesel at $4.76 !!! This is nuts. I'd still take a diesel Jetta, but even with the mpg savings, your really not saving much if any. These guys that drive around in their big diesel powered trucks must be freaking out every time they fill up.
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DantesPeak
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PostPosted: Fri May 23, 2008 4:27 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

There doesn't appear to be any letup in worldwide diesel demand. China is said to have recently increased diesel imports further, and there are diesel shortages reported this week in Yemen and a few other smaller countries (in addition to those below).

Quote:
5/12/08 Diesel Fuel News (Pg. Unavail. Online)

Diesel Fuel News
Copyright 2008 Hart Energy Publishing, LP.


World Power Supply Crunch Aggravates Diesel Shortage:

According to a Reuters report, rising electricity demand, aging power infrastructure and fuel shortages in developing countries are boosting global demand for diesel factors that could keep supplies tight and prices strong for another couple of years. The report cited a boom in use of diesel for electric generators in parts of Asia, Africa, the Middle East and Latin America. The report also cited shortages of natural gas in Chile and Argentina, a power crunch in South Africa, along with rising fuel demand in China and the Middle East as explaining the distillate boom piling on top of already robust diesel use in Europe for automobiles.


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Specop_007
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PostPosted: Fri May 23, 2008 9:03 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

frankthetank wrote:
Diesel at $4.76 !!! This is nuts. I'd still take a diesel Jetta, but even with the mpg savings, your really not saving much if any. These guys that drive around in their big diesel powered trucks must be freaking out every time they fill up.


$2 a gallon for gas wasnt too bad of a price.

If you consider 15 MPG with an SUV vs 45 MPG for my Jetta...

You need 3 gallons of gas to go as far as 1 gallon of diesel will get me. Even in a decent car getting 23 you still need roughly 2 gallons of gas to get as far as I get on 1 gallon of diesel.

This means its STILL cheaper to drive a Jetta TDI today then it was to drive an SUV 3 years ago or so.

While I certainly dont care for the price of diesel, its about what it cost me to drive my Expedition back "in the good old days".
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dukey
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PostPosted: Sat May 24, 2008 7:26 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

diesel is now $9.88 per gallon here (uk)
no demand destruction yet
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Twilight
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PostPosted: Mon May 26, 2008 5:21 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

dukey wrote:
diesel is now $9.88 per gallon here (uk)
no demand destruction yet

Though it has just entered political debate. It turns out demand destruction takes place at the margins. Who would have thought it? Rolling Eyes

BBC wrote:
Poorer drivers 'hit hard' by tax

The Labour MPs say poorer motorists will suffer most from plans to increase road taxes on more polluting cars.

Rob Marris, MP for Wolverhampton South West, said: "Millions of people will be affected. Medium-sized family cars, depending on what sort of engine they have and what sort of emissions they have, could be hit very hard."

Labour MP Ronnie Campbell, who framed the MPs' motion, told the BBC: "The increase is unfair to people who bought their cars a year ago, not knowing that the government was going to put that road tax on."

Absurd.

Someone will have to use less. We are all market participants and through our collective behaviour we ration supplies according to means. You can be sure if a bureaucrat promises a more equitable way of doing it, they will pocket a fee at everyone else's expense.

Besides, cutting back on non-essential motoring puts money in poor people's pockets. This is the UK, not the US, no-one has to drive 50 miles to mop a floor.

I like the environmental packaging used to sweeten the pill though.

More on the same, nice graph showing diesel price decoupling from petrol and reaching for the heavens.
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Tanada
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PostPosted: Mon May 26, 2008 5:38 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

$4.79 in Michigan.

This is death for the independent truckers, they are now losing money hand over fist.
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emersonbiggins
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PostPosted: Tue May 27, 2008 10:01 am    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Specop_007 wrote:
frankthetank wrote:
Diesel at $4.76 !!! This is nuts. I'd still take a diesel Jetta, but even with the mpg savings, your really not saving much if any. These guys that drive around in their big diesel powered trucks must be freaking out every time they fill up.

This means its STILL cheaper to drive a Jetta TDI today then it was to drive an SUV 3 years ago or so.


Yep, I drove 1300 miles over the weekend, from Texas up to Iowa and back. I averaged 41 MPG (w/DSG) - Not bad, but many Jetta owners get more than that.

I'm somewhat of a leadfoot. Cool

Price parity with my V6 4Runner would indicate diesel being north of $6/gallon, with gasoline staying around $3.50 (INO, not gonna happen).
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frankthetank
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PostPosted: Tue May 27, 2008 11:45 am    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Were you storm chasing??? Do you have a 5 speed? Must have been doing about 90...
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emersonbiggins
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PostPosted: Tue May 27, 2008 12:01 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

frankthetank wrote:
Were you storm chasing??? Do you have a 5 speed? Must have been doing about 90...


Nah, usually 77-80 MPH, some 83-85 mixed in, 22 bowling balls in the trunk, you know, the usual. Cool

I've never broken 41 MPG with the car, and this is with 45k miles on the engine. It appears that I've gotten one of the "lesser" efficient engines, probably assembled on the Friday before Cinco de Mayo down in Puebla at the VW plant.

It is a 6-sp automatic (dual-clutch DSG - fantastic tranny).
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Specop_007
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PostPosted: Tue May 27, 2008 12:39 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

emersonbiggins wrote:
frankthetank wrote:
Were you storm chasing??? Do you have a 5 speed? Must have been doing about 90...


Nah, usually 77-80 MPH, some 83-85 mixed in, 22 bowling balls in the trunk, you know, the usual. Cool

I've never broken 41 MPG with the car, and this is with 45k miles on the engine. It appears that I've gotten one of the "lesser" efficient engines, probably assembled on the Friday before Cinco de Mayo down in Puebla at the VW plant.

It is a 6-sp automatic (dual-clutch DSG - fantastic tranny).


Sounds about like my setup. I have the slap shift too, and generally run around 75-85. Seems to get just under 40 at that rate. Worst I've gotten was 33 but I was movin. You gotta hit triple digits to get milage that bad. Best I've gotten was 42 around town.
Sure wish I would have gotten the manual but the wife wasnt having that so....
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"Battle not with monsters, lest ye become a monster, and if you gaze into the
Abyss, the Abyss gazes also into you."

Ammo at a gunfight is like bubblegum in grade school: If you havent brought enough for everyone, you're in trouble

كا&#
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emersonbiggins
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PostPosted: Tue May 27, 2008 1:20 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Specop_007 wrote:
emersonbiggins wrote:
frankthetank wrote:
Were you storm chasing??? Do you have a 5 speed? Must have been doing about 90...


Nah, usually 77-80 MPH, some 83-85 mixed in, 22 bowling balls in the trunk, you know, the usual. Cool

I've never broken 41 MPG with the car, and this is with 45k miles on the engine. It appears that I've gotten one of the "lesser" efficient engines, probably assembled on the Friday before Cinco de Mayo down in Puebla at the VW plant.

It is a 6-sp automatic (dual-clutch DSG - fantastic tranny).


Sounds about like my setup. I have the slap shift too, and generally run around 75-85. Seems to get just under 40 at that rate. Worst I've gotten was 33 but I was movin. You gotta hit triple digits to get milage that bad. Best I've gotten was 42 around town.
Sure wish I would have gotten the manual but the wife wasnt having that so....


Yeah, I'm not having regrets with the DSG, but it is fantastically expensive to maintain (full flush every 40k, per manual). VW dealers seem to want about $500 for that service alone. Shocked Thankfully, there's an awesome VW mechanic over in Ft Worth who did the job for a little over half that.

As for crappy mileage, I've had one tank at 29 MPG, in the city, jackrabbit starts, in the dead of winter. I probably average 34-36 in the city now, though.
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dukey
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PostPosted: Sat May 31, 2008 7:26 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

diesel is now $10.11/us gallon here
lol
or £1.35 per litre
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dutchcyclist
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PostPosted: Mon Jun 02, 2008 4:53 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Here you can find updated prices for gas, diesel, and energy for all EU countries: http://www.energy.eu/#prices
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Jester
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PostPosted: Mon Jun 09, 2008 4:01 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Burnaby BC Canada

$1.47.9 per liter, or around $5.59 per gallon. Exchange rate being basically equal now.
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emersonbiggins
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PostPosted: Mon Jun 09, 2008 4:13 pm    Post subject: Re: Record Diesel engine fuels price thread. Add User to Ignore List Reply with quote

Still sitting around $4.69 here in Dallas, and a dime cheaper than that in Oklahoma.
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