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oil company extortion
Mar 17, 2013 10:50:32   #
jeff smith
 
why is it that the price of diesel fuel is higher than premium gas ? When we use to be paying half to two thirds the price of regular gas for diesel.Supply and demand? Corporate propaganda! I call it corporate greed.They know nothing gets moved in this country without trucks.So when I have to pay to fill up my tanks at 150-180 gallons at a time. Who winds up paying lfor it? We all do.Everything you buy cost more no matter what or where you buy it.So why does this government allow this to continue?

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Mar 18, 2013 02:21:20   #
lostinthemiddle
 
This administration wants fuel prices up around $8 to $10 a gallon, Obama stated this before his first e******n.

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Mar 18, 2013 11:12:17   #
Dave Loc: Upstate New York
 
Jeff, I understand your frustration, but you do understand that prices flucuate for a lot of different reasons - and when they go down there is very little concern by people who look for government action when they go up.

Government action in market pricing never works to the advantage of consumers, watch what you ask for.

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Mar 18, 2013 17:08:35   #
kerry cornelius
 
think that is bad home heating oil is the same price and NOBODY cares or brings that up was 1/2 gas no wondre profits are so high

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Mar 18, 2013 17:42:48   #
grazeem Loc: Arizona
 
You are remembering, when Gasoline was 30 cents, and fuel oil was 15 cents.

I heated the whole winter of 1971-1972 with fuel oil, for $75. Of course I was only making $500 a month.

We were in Europe last Sept. and diesel was cheeper than Gas. Well, cheaper is a relative term, it was between $7 and $9 per gallion.

We rented a mid size SUV diesel, with a six speed manual, and got about 45 miles per gallion.

It's all in the taxing.

When they refine crude oil, it's like seperating milk. You can't get cream, without getting skim milk. Same with crude, while they can varie it some, they can't get gasoline. without getting fuel oil and kerosine.

Standard Oil, used to dump the gasoline in the river, because there was no use for it. They wanted karosine. I guess there were times, that the river cought fire.

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Aug 24, 2013 14:49:05   #
jeff smith
 
You all think I'm missing something concerning the price of diesel fuel. The only thing that I know that I'm missing is that I am not as greedy as corporate owners or stock holders. Yes in Europe they have been paying lot more than we have forever. They also do not import the quantity of crude oil as we do. That is the reason they have paid so much for there gas and diesel. If you think that the cheepist form of motor fuel there is should cost more than any form of gas then maybe you will pay $40 for a $20 bucket of paint. Or$15 for a piece of meat for supper.

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Aug 25, 2013 11:48:11   #
Dave Loc: Upstate New York
 
jeff smith wrote:
You all think I'm missing something concerning the price of diesel fuel. The only thing that I know that I'm missing is that I am not as greedy as corporate owners or stock holders. Yes in Europe they have been paying lot more than we have forever. They also do not import the quantity of crude oil as we do. That is the reason they have paid so much for there gas and diesel. If you think that the cheepist form of motor fuel there is should cost more than any form of gas then maybe you will pay $40 for a $20 bucket of paint. Or$15 for a piece of meat for supper.
You all think I'm missing something concerning the... (show quote)


You're missing a lot more than you realize. One major one is that oil is a world commodity, and two the real difference between fuel costs in American and Europe is taxes. Your comment shows little more than personal frustration but is completely devoid of any understanding on the issue that frustrates you.

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Aug 25, 2013 12:23:46   #
emarine
 
lostinthemiddle wrote:
This administration wants fuel prices up around $8 to $10 a gallon, Obama stated this before his first e******n.over
The federal Government has nothing to do with fuel prices except the fed tax they collect, The large private Corporations that control this industry have the ability to charge as they see fit. Just call the Koch Bros that fund the Tea Party and see if they will cut you some slack on Diesel fuel . Good Luck.

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Aug 25, 2013 12:34:31   #
Dave Loc: Upstate New York
 
emarine wrote:
The federal Government has nothing to do with fuel prices except the fed tax they collect, The large private Corporations that control this industry have the ability to charge as they see fit. Just call the Koch Bros that fund the Tea Party and see if they will cut you some slack on Diesel fuel . Good Luck.


Your lack of knowledge is directly inverse to the opinion you hold.

The federal government has major influence on the price of auto fuel beyond just the taxes levied. They have regulations regarding fuel mixtures that has a direct and significant impact on costs, thereby prices. Further, government restrictions on exploration reduce supply, thereby adding to costs.

Further, the idea that large private corporations controls this world wide market is about as ignorant of reality as one can get. Exxon is by far the largest private company in this field, and they are miniscule compared to the government entities throughout the world - they have less than 1% of any market segment when looked at globally.

While it is true that Koch Industries does earn a profit while generating a product in this market - and they do contribute to libertarian causes (which includes pro-gay positions), Soros earns an even larger profit by speculating on world oil prices and is even more generous in funding l*****ts organizations. Amazing how a lack of knowledge leads to such strong opinions.

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Aug 25, 2013 13:42:34   #
emarine
 
Dave wrote:
Your lack of knowledge is directly inverse to the opinion you hold.

The federal government has major influence on the price of auto fuel beyond just the taxes levied. They have regulations regarding fuel mixtures that has a direct and significant impact on costs, thereby prices. Further, government restrictions on exploration reduce supply, thereby adding to costs.

Further, the idea that large private corporations controls this world wide market is about as ignorant of reality as one can get. Exxon is by far the largest private company in this field, and they are miniscule compared to the government entities throughout the world - they have less than 1% of any market segment when looked at globally.

While it is true that Koch Industries does earn a profit while generating a product in this market - and they do contribute to libertarian causes (which includes pro-gay positions), Soros earns an even larger profit by speculating on world oil prices and is even more generous in funding l*****ts organizations. Amazing how a lack of knowledge leads to such strong opinions.
Your lack of knowledge is directly inverse to the ... (show quote)


The Fed regulates fuel through ASTM spec , ASTM spec is derived in conjunction with SAE auto makers to provide a minimum standard for product consumption in the US. That is part of the tax you pay for fuel. have you ever sampled 3rd world Diesel fuel? I have... As for the world commodities market it is supposed to be supply and demand based... but for the most part its not...it is free market Capitalism.... The energy provider has control over the amount of product to be sold, The Koch Bros can close a refinery anytime they choose and short product.They have done it many times. The Feds do have control over Fed land for drilling ... thats mostly political and allways will be by both sides of the fence. And there was no mention of control over the world wide market.. the thrust of your reply.... just prices for Diesel fuel here.

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Aug 25, 2013 18:55:22   #
jeff smith
 
It amazes me how so many of the responses basically support the propaganda spit out by corporate mouth pieces or government agencies, that the cost of the cheapest form of motor fuel there is should cost more than any grade of gasoline. Wake up people this government and the corporate structure of America, will lie to us to get what they want just as quick as the old U.S.S.R. use to lie to us during the cold war.

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Aug 26, 2013 11:04:05   #
Dave Loc: Upstate New York
 
I get a real kick out of kooks with the idea that some corporate conspiracy controls the price of fuel - they come out of the woodwork every time it goes up a nickel but can't be found to explain how that can be when the price drops a dime.

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Aug 26, 2013 13:53:57   #
jeff smith
 
Dave wrote:
I get a real kick out of kooks with the idea that some corporate conspiracy controls the price of fuel - they come out of the woodwork every time it goes up a nickel but can't be found to explain how that can be when the price drops a dime.


If you think I'm a kook. Them you're more brainwashed than I could ever believe. Have fun paying for your over priced clothes, food, office supplies, or what ever else you'll ever purchase.

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Aug 26, 2013 15:19:39   #
Dave Loc: Upstate New York
 
jeff smith wrote:
If you think I'm a kook. Them you're more brainwashed than I could ever believe. Have fun paying for your over priced clothes, food, office supplies, or what ever else you'll ever purchase.


Sure, Jeff - everything we buy in America is over priced, we should all move to those countries where everything is priced correctly, once you provide us with that list.

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Aug 26, 2013 15:22:03   #
emarine
 
jeff smith wrote:
why is it that the price of diesel fuel is higher than premium gas ? When we use to be paying half to two thirds the price of regular gas for diesel.Supply and demand? Corporate propaganda! I call it corporate greed.They know nothing gets moved in this country without trucks.So when I have to pay to fill up my tanks at 150-180 gallons at a time. Who winds up paying lfor it? We all do.Everything you buy cost more no matter what or where you buy it.So why does this government allow this to continue?
why is it that the price of diesel fuel is higher ... (show quote)
To better answer your question keeping out the BS politics..... in 2002 many refineries retooled to produce more gas than diesel from a barrel of crude to meet demand in the US, in 2005 -6 pollution standards regulated a drop in sulfur from 15 to 500 ppm to under 15ppm for road diesel, . its taken a few years to work out the bugs... many powerstroke owners can fill you in.... While all this is happening china has increased its consumption of diesel by over 200%, Oil Co"s sell fuel to who ever they want, same for coal, The price was going up no matter who ran the show.

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