Gas Prices?
#61
10-24-2005, 12:49 AM
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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.
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.
#63
10-24-2005, 11:56 AM
Originally Posted by Texas F-150
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.
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.
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
#67
10-28-2005, 06:42 AM
#68
10-28-2005, 07:46 AM
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#69
10-28-2005, 08:07 AM
Originally Posted by F150Europe
Royal Dutch Shell announced a 9 billion dollar profit over the third quarter, yesterday.
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
Last edited by jpdadeo; 10-28-2005 at 08:10 AM.
#71
10-28-2005, 09:52 AM
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10-28-2005, 09:54 AM
#73
10-28-2005, 02:29 PM
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Originally Posted by jpdadeo
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.
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10-28-2005, 04:10 PM
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#75
10-28-2005, 05:23 PM
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Originally Posted by F150Europe
90 - $6.29
93 - $6.54
Diesel - $4.96
Royal Dutch Shell announced a 9 billion dollar profit over the third quarter, yesterday.
93 - $6.54
Diesel - $4.96
Royal Dutch Shell announced a 9 billion dollar profit over the third quarter, yesterday.
Gotta love Europe and all their "free" goodies...
