Podunk,

While gas and diesel are both refined from crude oil, the process to reach both is different. Diesel and heating oil on the other hand are refined from the same refining process. Today's refineries can only refine one of the two at any given time. As the summer driving season has dwindled down, their ability to keep up with demand has grown, thus the decrease in prices. However, while they've been concentrating on producing gas, the demand for heating oil has grown as the weather has gotten colder. As a consequence diesel prices continue to go up. Hope that helps.

 

Norman, Oklahoma

Unleaded (87 oct) = $2.07

I thought that that was cheap until I read this thread.

 

All true, but back in 93 the tax on diesel was greatly raised. It used to be cheaper than regular, but after the tax increase it was much higher. The tax is still on it.
I sold my MB diesel in December of 92, knowing the tax was going on. The price jumped 30 cents in one day. Everyone forgets the tax.
Chris

 

N.KY 87 Octane $2.35

 

Wow, still $3.00 for 87 in some places here in CA.

 

87 Octane = $2.09 in Salem, Missouri

 

I'm living high on the hog at $2.39 per gallon for 87 Shell.

 

90 - $6.29
93 - $6.54
Diesel - $4.96

Royal Dutch Shell announced a 9 billion dollar profit over the third quarter, yesterday.

 

That’s all? No wonder gas prices are so high

Exxon Mobil Corp. rewrote the corporate record books Thursday as the oil company's third-quarter earnings soared to almost $10 billion and it became the first public company ever with quarterly sales topping $100 billion. Anglo-Dutch competitor Royal Dutch Shell PLC wasn't far behind, posting a profit of $9 billion for the quarter.


Associated Press

 

2.29 for 89 on the eastern shore of md. this weekend it was 2.79 in ellicott city for 87!!!

 

Ellicott City? Bunch of friends there and the wife is from Catonsville.

THere are more and more Marylanders on this board all the time.

 

2.35 for 87 at Exxon in Burleson, TX last night. Seemed strange to see diesel at 3.09 with unleaded at 2.35.

 

So they made roughly a 10% profit this quarter as opposed to the 8.9% profit in the 2nd quarter ($88.57 billion revenue with $7.84 billion profit).

 

That is only because Wal-Mart didnt have their regularly schedule weekend sales event.

 

You really can not compare your gas prices to ours. A HUGE chunk of your price goes to pay for all your "free" goodies your government gives out, like medical, dental, etc...

Gotta love Europe and all their "free" goodies...