Current price of fuel now?

[moody]

We always here how high it gets when market price goes up . Has it come back down anywhere? We were down to 0.83 $/l from 1.10 $/l in the summer.

[6.5 Detroit Diesel]

Where are you at? Here in Kelowna it is $1.10/1L

[ZZ]

I filled up Wednesday at $2.449 per gallon.

[garre1tt]

Price is still going up here. Filled up for $2.85 a gallon. Saw some stations 20 miles north selling #2 for as high as $3.19.

Michael D.

[Yukon6.2]

Hi
Before xmas we our prices were $1.059 a liter for both diesel and gas,and heating fuel was down to $0.76 a liter.
Then our supplier told us their was a shortage of diesel and our diesel prices are now at $1.159 a liter and $0.97 a liter for heating fuel
They never elaborated to exactly where the shortage is,but i'm 100 % sure it is'nt any where close to the refinerys were our fuel comes from.
I guess they expect us to belive them........

[JeepSJ]

Before our elections (November), I saw diesel as low as 2.25/gal. That station is now at 2.59/gal. Just a few miles away most stations are around 2.75-2.80.

[1629dill]

What are diesel prices in your area?

I have been noticing that the price I am paying for diesel these days has jumped about 60 cent per gallon. I drive by places that are charging $3.69 on the high side to $3.41 on the low end. Just 3 weeks ago I filled up for $2.98 the other day It cost me $3.41 and I think this station was just slow in rising its price because the one down the street was $3.61 the same night.
I am in the Chicago land area so I would expect my prices to be higher, but am wondering what other people are pay in their area?

[93GMCSierra]

Bottineau ND it was $3.80 3 days ago, I believe it went up friday though.

[rtphillips370]

Jackson, MI $3.59 gal

[Kenneth]

Now I am wishing I filled up when I complained the price was at 3.69. This is getting rediculous. I'm glad I get 17-18 mpg out of my truck.

[WRB Diesel]

3.98 in downtown Seattle as of 11/12/07

[Mark Rinker]

Amazing. In only a period of weeks, #2 diesel fuel prices have tumbled ~35% to under $3/gallon here in Minnesota.

I am looking forward to demand picking back up, and burning alot of this cheaper fuel this winter. (Right now, our volume of business has dropped off dramatically, the last two weeks at 1/3 of normal.)

When prices go up, we all look for answers why...so, when prices drop dramatically, there is less pain, but it makes sense to understand why.

Is it all about reduced demand, creating a surplus of supply?

[More Power]

Amazing. In only a period of weeks, #2 diesel fuel prices have tumbled ~35% to under $3/gallon here in Minnesota.

Is it all about reduced demand, creating a surplus of supply?

Depends on how much you believe in price manipulation.... Some of it is undoubtedly due to lower demand. Personally, I think a lion's share of the high prices were artificial (speculation and world producers pushing it).

There's also the worldwide geopolitical aspect. When oil prices are high, industrialized nations hurt and OPEC/Russia et. al. make big bucks (wealth transfer). If governments have the power to influence oil prices, they could do it in ways that help/hurt others. For example, the collapse of the Soviet Union in the 1980's was as much or more about the rock bottom oil price than a lack of competitiveness in military technology. I've heard it said that anything below $60/bbl currently hurts Iran and Russia very badly.

I'm surprised I haven't heard any pundit say that the high oil prices (and resulting gas/diesel pump prices) are what ultimately burst the housing bubble when it did. Personally, I think it's cause & effect - at least for the burst to happen at that particular time. It likely would have happened at some point, but the high energy costs forced it to happen a lot sooner.

This is why we need a U.S. energy market that is independent of world market forces. We have the resources to continue at present comsumption levels for the next 100-200 years - using only U.S. domestic oil/coal/gas/shale resources. This would produce reliable supplies and prices.

Jim

[dundeal78]

Filled up today at $2.09 a gal. on 3-20-09 in St. Paul. (20 gal into 28 gal tank, 6.5TD in a '92 3500.) Heard a couple days ago it was spotted at $1.99 but couldn't find it that low anywhere myself. The first time I filled up it cost me $4.59 a gal. early last summer. I'm not gripin'.

[lmholmes11]

Up here in Michigan I filled up for $1.91. It felt real good to see diesel cheaper than gas for once. Just like the good ol' days.

[redbird2]

$1.97 in Peoria IL yesterday gas was $2.10

[Chevy Boy]

Here around Toronto it's .959 a liter which represent $3.63 a US gallon.

[AVM62]

I paid $2.99 today

[fullsizeBlazer]

Oh my god.. I d love to pay 2.70 for a gallon...

Today in Germany:

$5.90 per U.S. Gallon

[Corpse]

$1.30/L in Toronto