Too Many Trucks?

[3.0L V6]

He's saying the numbers you posted give the distribution of products that each barrel of oil produces.  Read: All those numbers add up to 42 gallons (plus the stated 2 gallons of "processing gains").  That is, 9.2 gallons of every barrel of oil go into making home heating and diesel type fuels, not that it takes one entire barrel of oil to make just 9.2 gallons of diesel-type fuel.

Ah, I stand very much corrected.

If you could, then, please explain why for about 50 years diesel was about .50 cents cheaper than gasoline?  It only became more expensive in the last five or so years.

Perhaps the introduction of ultra-low sulfur diesel in 2006/2007 (and the required investments in refineries to produce it) might be responsible for the increased prices? Another source of diesel demand might be Asia, with the rapid industrialization that has (and continues to) take place there.

[hounddog]

I believe LSD. ( ) has some to do with it, yes.

[AutobahnSHO]

Diesel is easier to produce since it requires less refining and you get more diesel per gallon of oil therefore it should be cheaper almost by default.  Charging more for something which requires far less "manufacturing" is ridiculously anti-trust in my opinion when it comes to an issue which has so much potential to harm the nation.

Supply/demand and what the consumers will deal with.
It was 50% less to manufacture a CD than a casette tape back in the day. If you remember CDs costing $15 and the same artist on casette being $10, you win.

Companies will set the price as high as they can and get away with. If that means truckers will pay more per gallon because they HAVE TO, then the gas company wins.

And what many companies don't remember- if you drop the price you will sell more. Pre-recorded VCR tapes used to be $80. They sold only to rental stores. When the prices came down to $20 or so, they sold like hotcakes. And now with ever-cheaper DVDs, they will continue to outsell $30Blurays for some time.