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Forget gasoline, diesel topped $4 a month ago

Marketwatch -- High diesel prices are “even worse for an economic recovery than high gasoline prices,” said Denton Cinquegrana, senior markets editor at the Oil Price Information Service (OPIS). “Most Americans pay attention to the price of gasoline, but we totally neglect the impact high diesel prices have on goods and services.”

“Anything from milk and eggs at the grocery store, to beer at the liquor store, and the newest PlayStation games at Best Buy” all get to their destination somehow — and that somehow is usually by truck, said Cinquegrana.

Consumers are also “less interested in diesel because they don’t buy it every week and the cost increases are indirect,” he said, but diesel costs are “passed through in the goods we purchase.”

An estimated 94% of all freight in the U.S. relies on diesel,

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Submitted Apr 07, 2012 By: bar1035

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honda0105 Champion Author Tallahassee Posts:18,624 Points:1,609,520 Joined:Nov 2008	Message Posted: Apr 11, 2012 5:00:39 AM Ignore honda0105 Report Abuse Diesel has been at $4.15 since pretty much the beginning of the year around here. At 30 or more cents higher than gasoline, it's starting to almost not be worth buying another diesel truck when mine gives up as the difference barely makes the higher efficiency of the diesel really useful. Even when towing.
rjhenn Champion Author Des Moines Posts:22,444 Points:2,229,925 Joined:Aug 2005	Message Posted: Apr 9, 2012 1:23:12 PM Ignore rjhenn Report Abuse Highest price here is $3.99. Gotta love that Canadian crude, which is a good reason to oppose Keystone XL.
peetie Rookie Author Twin Cities Posts:36 Points:50,145 Joined:Apr 2006	Message Posted: Apr 9, 2012 10:11:56 AM Ignore peetie Report Abuse When you shop around in the country-side / good deal "off name brand" deals can be found still under $4!
52MPG Champion Author Dayton Posts:7,267 Points:1,742,680 Joined:Apr 2006	Message Posted: Apr 9, 2012 12:35:59 AM Ignore 52MPG Report Abuse It is $4.19 at the local gas stations.
Jeff4U Champion Author Atlanta Posts:8,756 Points:1,852,370 Joined:Nov 2004	Message Posted: Apr 8, 2012 11:51:57 PM Ignore Jeff4U Report Abuse Diesel topped $4 per gallon many months ago, in my area.
dond Rookie Author Hawaii Posts:89 Points:191,045 Joined:Apr 2012	Message Posted: Apr 8, 2012 2:00:01 PM Ignore dond Report Abuse Diesel averaging $4.60 in Hawaii!
bwatchingu Champion Author Arkansas Posts:1,740 Points:601,520 Joined:Jan 2009	Message Posted: Apr 8, 2012 9:09:50 AM Ignore bwatchingu Report Abuse The Obama Way
FuelBarge Champion Author Long Island Posts:9,200 Points:2,076,290 Joined:Aug 2005	Message Posted: Apr 8, 2012 6:16:37 AM Ignore FuelBarge Report Abuse There are no stations anywhere in my travels that are under $4 a gallon. In fact the Long Island Gas Prices site shows only three stations at 3.979. Everyone else is 3.999 and above.
tomok Champion Author Portland Posts:33,017 Points:2,345,510 Joined:Aug 2006	Message Posted: Apr 8, 2012 5:25:45 AM Ignore tomok Report Abuse Forget gasoline, diesel topped $4 a month ago. The higher the price for fuel (either gasoline or diesel) the higher the price for food, goods and services, personal transportation, public transit, airline passenger and freight transportation and their related fees AND many many more items all tied to higher fuel costs. Higher fuel costs and Barry's economy takes that much longer to get better but he will say something different. It does NOT help when Big oil is selling fuel and natural gas on the world market for higher prices but there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction (the oil tax collection). The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pays higher prices at the pump for their benefit. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible. The price of fuel at the pump is too high! 12/22/2012!
WalRus49 Champion Author Boston Posts:4,075 Points:868,865 Joined:Nov 2010	Message Posted: Apr 8, 2012 12:20:14 AM Ignore WalRus49 Report Abuse More organized mayhem and pillage...............
TerryLee Champion Author Ohio Posts:14,600 Points:2,790,150 Joined:Mar 2004	Message Posted: Apr 8, 2012 12:08:34 AM Ignore TerryLee Report Abuse why is this higher then gas now
NemoIL Champion Author Illinois Posts:3,025 Points:1,313,220 Joined:Aug 2008	Message Posted: Apr 7, 2012 11:38:00 PM Ignore NemoIL Report Abuse You can thank the "greens" for forcing through a bill to reduce sulfur in diesel fuel. This is what forced diesel from being the cheap fuel to being the most expensive. As Obama said, "yes we can." Just wait until the end of Obama's second term when gas and diesel pass $8 per gallon.
unicornpmb Champion Author Buffalo Posts:8,491 Points:1,629,515 Joined:Sep 2005	Message Posted: Apr 7, 2012 11:34:12 PM Ignore unicornpmb Report Abuse Should not be higher then gas.
danreino Champion Author Twin Cities Posts:8,353 Points:1,540,730 Joined:Mar 2008	Message Posted: Apr 7, 2012 11:32:32 PM Ignore danreino Report Abuse $4.39 a Lb for Chuck. Wtf. Next...???????
probedude2 Champion Author Akron Posts:12,553 Points:2,380,205 Joined:Jun 2003	Message Posted: Apr 7, 2012 11:31:58 PM Ignore probedude2 Report Abuse Who goes to Best Buy anymore?
kgbellman Champion Author Ann Arbor Posts:2,713 Points:731,840 Joined:Mar 2011	Message Posted: Apr 7, 2012 11:30:51 PM Ignore kgbellman Report Abuse Makes me feel happy I didn't jump on the diesel bandwagon
scrossi Champion Author Indiana Posts:3,889 Points:1,049,465 Joined:Dec 2008	Message Posted: Apr 7, 2012 11:30:19 PM Ignore scrossi Report Abuse Agreed gasholem1.
nomad228 Champion Author Columbus Posts:3,117 Points:575,140 Joined:Feb 2011	Message Posted: Apr 7, 2012 11:30:05 PM Ignore nomad228 Report Abuse i could have sworn i replied to this topic this morning or another topic saying the exact same thing. diesel costs more because big earl knows they have the trucking industry over a barrel unless the gov'ment steps in and puts a freeze on diesel pricing,but then they will just raise gas prices to cover what they "speculate " : ) they will lose in sales of diesel. either way the public loses unless we drown them in their own product then fuel prices will come down in a split second. : ) hahahahaha what's that saying- hoist them by their own petard. : )
NotmeuQc Champion Author Montreal Posts:5,651 Points:1,133,925 Joined:Apr 2009	Message Posted: Apr 7, 2012 11:27:20 PM Ignore NotmeuQc Report Abuse Diesel is once again cheaper than gas, but not much cheaper. Its around $5.25/L.
jetskijerry Champion Author North Carolina Posts:3,901 Points:773,245 Joined:Mar 2011	Message Posted: Apr 7, 2012 11:26:42 PM Ignore jetskijerry Report Abuse This is so true! And the only diesel prices being higher than gas is prue greed! The oil companies used to charge LESS for diesel than gas, since the fuel is less refined and SHOULD COST LESS!!! Oil companies know that trucks have to buy diesel to run the roads. And, the cost of everything else goes up because of it...
Matt G Champion Author Boston Posts:4,533 Points:2,773,040 Joined:Jun 2004	Message Posted: Apr 7, 2012 11:24:31 PM Ignore Matt G Report Abuse Ok
GasholeMI Champion Author Lansing Posts:10,139 Points:1,718,290 Joined:Jul 2008	Message Posted: Apr 7, 2012 11:24:01 PM Ignore GasholeMI Report Abuse So, others are noticing the constantly higher grocery prices? Funny how there is no inflation though.
Badjef Champion Author Florida Posts:4,045 Points:817,840 Joined:Jan 2011	Message Posted: Apr 7, 2012 11:23:46 PM Ignore Badjef Report Abuse People run on gasoline, the economy runs on diesel. The reporters run on gasoline. Only when the reporters have a vested interest in diesel do they report on diesel prices.
chuckwthompson Champion Author Charlotte Posts:3,755 Points:577,185 Joined:Sep 2011	Message Posted: Apr 7, 2012 11:22:45 PM Ignore chuckwthompson Report Abuse Hard to find any gasoline or diesel for under $4.00 a gallon!
DandyDapple All-Star Author North Dakota Posts:715 Points:310,820 Joined:Sep 2008	Message Posted: Apr 7, 2012 11:22:09 PM Ignore DandyDapple Report Abuse Cheaper to produce than gasoline but more expensive at the pump ... go figure ...
MRED3 Champion Author Jacksonville Posts:4,008 Points:930,985 Joined:May 2009	Message Posted: Apr 7, 2012 11:21:45 PM Ignore MRED3 Report Abuse We need Obama out of office!
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Apr 7, 2012 11:18:26 PM Ignore tedjm1 Report Abuse And when I was growing up, diesel was much cheaper than gasoline.
jkpsr Champion Author New Jersey Posts:4,084 Points:1,102,880 Joined:Jun 2005	Message Posted: Apr 7, 2012 11:17:22 PM Ignore jkpsr Report Abuse It is hard, but fully possible, to find diesel for less that $4 in NJ.
Badmoon Champion Author Massachusetts Posts:8,308 Points:1,651,490 Joined:Oct 2008	Message Posted: Apr 7, 2012 11:16:07 PM Ignore Badmoon Report Abuse Low sulfur really moved the price of diesel up but the european market being under supplied is hurting us here.
preacherjohn Champion Author Modesto Posts:3,990 Points:1,919,760 Joined:May 2006	Message Posted: Apr 7, 2012 11:16:03 PM Ignore preacherjohn Report Abuse Our Diesel prices have been over $4 all year--ain't no big deal--just deal with it.
Bigwaynef Champion Author South Carolina Posts:11,475 Points:2,081,695 Joined:Dec 2006	Message Posted: Apr 7, 2012 11:15:33 PM Ignore Bigwaynef Report Abuse Buy ready to buy a plane, might be damn cheaper...
lowpet All-Star Author Texas Posts:527 Points:86,915 Joined:Dec 2008	Message Posted: Apr 7, 2012 11:15:19 PM Ignore lowpet Report Abuse diesel has always been ever since the ultra low sulfur diesel was introduced in 2007
96sc1 Champion Author El Paso Posts:8,517 Points:1,367,440 Joined:Mar 2008	Message Posted: Apr 7, 2012 11:15:10 PM Ignore 96sc1 Report Abuse Ever since the EPA cleaned it up.
VetteFan Champion Author Indiana Posts:9,739 Points:2,028,480 Joined:Aug 2005	Message Posted: Apr 7, 2012 11:13:05 PM Ignore VetteFan Report Abuse Food prices are about to soar?
Beboper Champion Author Virginia Posts:8,727 Points:2,163,790 Joined:Oct 2005	Message Posted: Apr 7, 2012 11:12:53 PM Ignore Beboper Report Abuse diesel is always high
judgemobile Champion Author Ohio Posts:7,570 Points:2,445,135 Joined:Nov 2005	Message Posted: Apr 7, 2012 11:12:24 PM Ignore judgemobile Report Abuse diesel used to be a DIME a gallon--bring back those days !!
Rooster922 Champion Author Wilmington Posts:3,788 Points:656,070 Joined:Jan 2009	Message Posted: Apr 7, 2012 11:12:09 PM Ignore Rooster922 Report Abuse I don't even think about it much more forget about it.
crreed1 Champion Author West Virginia Posts:1,990 Points:2,527,310 Joined:May 2005	Message Posted: Apr 7, 2012 11:11:40 PM Ignore crreed1 Report Abuse that's why your food is high dollar
dancygreen Champion Author Twin Cities Posts:2,063 Points:485,760 Joined:Sep 2011	Message Posted: Apr 7, 2012 11:08:49 PM Ignore dancygreen Report Abuse i thought diesel got a much higher mpg?
Number43 Champion Author Lexington Posts:8,697 Points:1,638,170 Joined:Oct 2008	Message Posted: Apr 7, 2012 11:07:36 PM Ignore Number43 Report Abuse I don't worry about diesel.
ron98146 Champion Author Seattle Posts:1,579 Points:965,605 Joined:Jun 2008	Message Posted: Apr 7, 2012 11:07:01 PM Ignore ron98146 Report Abuse and still going up
rawdog1313 Champion Author Lexington Posts:3,304 Points:1,642,905 Joined:May 2008	Message Posted: Apr 7, 2012 11:07:01 PM Ignore rawdog1313 Report Abuse OK......
timbyus1 Champion Author Fort Worth Posts:1,963 Points:391,510 Joined:Mar 2012	Message Posted: Apr 7, 2012 11:06:43 PM Ignore timbyus1 Report Abuse Unfortunatly we pay for it in everything we buy
eblair54 Sophomore Author Missouri Posts:143 Points:436,250 Joined:Sep 2011	Message Posted: Apr 7, 2012 11:06:36 PM Ignore eblair54 Report Abuse I guess that's why you can't get a decent TV dinner for under $2.00 anymore.
yakstar Champion Author Montreal Posts:2,420 Points:479,645 Joined:Jan 2012	Message Posted: Apr 7, 2012 11:06:31 PM Ignore yakstar Report Abuse it's a rough market...
jem069 Champion Author Detroit Posts:2,543 Points:688,055 Joined:Jan 2011	Message Posted: Apr 7, 2012 11:06:04 PM Ignore jem069 Report Abuse Ok
Blue_Cruzer Champion Author Lexington Posts:7,525 Points:1,670,560 Joined:Mar 2007	Message Posted: Apr 7, 2012 11:04:50 PM Ignore Blue_Cruzer Report Abuse Just check supermarket prices, up across the board.
TheSicilian Champion Author Jacksonville Posts:5,384 Points:1,470,725 Joined:Feb 2009	Message Posted: Apr 7, 2012 11:04:47 PM Ignore TheSicilian Report Abuse that's right
eswi Champion Author Madison Posts:2,545 Points:683,380 Joined:Mar 2009	Message Posted: Apr 7, 2012 11:04:28 PM Ignore eswi Report Abuse OK
luwachris Champion Author Los Angeles Posts:1,082 Points:224,370 Joined:Jul 2011	Message Posted: Apr 7, 2012 11:01:34 PM Ignore luwachris Report Abuse Don't need diesel.