2.49 in Omaha

3.589 & 3.299, for 93, in Navasota & Schulenburg TX today.
Getting a whopping 10.2mpg. Hopefully the flatter terrain improves that as we get further south

$2.39 @ WallyWorld

It's been all over the place around here, jumping up and down 5 cents a gallon almost hourly. Prices range from $3.10 per gallon of unleaded reg. to $2.69 per gallon depending on which station you go to.

2.29 for regular, 3.09 for 91 octane

What’s strange is gas seems to be dropping by the day but diesel prices seem “stuck”?

quote:

Originally posted by PASig:
What’s strange is gas seems to be dropping by the day but diesel prices seem “stuck”?

Yeah, I've noticed that also. Makes me glad I don't own a diesel vehicle!

quote:

Originally posted by PASig:
What’s strange is gas seems to be dropping by the day but diesel prices seem “stuck”?

$3.89 here today.

quote:

Originally posted by PASig:
What’s strange is gas seems to be dropping by the day but diesel prices seem “stuck”?

Your area, PADD 1A (worst) and PADD 1B (2nd worst) have the least diesel change of any PADD region in the United States. Here are the PADD regions.



In fact, Pennsylvania is #44 in the US for diesel change in a month. 10/12 states in the bottom 12 are from PADD 1A & 1B (Hawaii and Georgia are exceptions).

What do the bottom 12 have in common? Lack of refining capacity, and needing to make up for it by importing diesel from other parts of the country with surplus refining capacity. The Northeast is essentially bidding against Europe for diesel from refineries in PADD Region 3 (i.e. Texas, Louisiana, Mississippi, and Alabama). States that aren't connected by pipeline are also bidding against Europe for tankers. More on this in a bit.

Why is Europe importing diesel? To make up for Russian diesel exports that ceased when they invaded Ukraine. The Middle East had been providing most of it, but two large refineries in Kuwait and Saudi Arabia went into a planned maintenance turnaround decreasing exports to Europe by 175,000 barrels per day.

Circling back to US exports to Europe:

quote:

Diesel exports have also increased from the United States to Northwest Europe. From January 2022 to January 2023, exports averaged 72,000 b/d but increased 98% to 142,000 b/d between February and November 2023. Preliminary data from Vortexa Analytics indicate additional growth in December. Most U.S. petroleum exports leave from the Gulf Coast, where diesel inventories are above the previous five-year average. Recent tanker rates for clean Medium Range (MR) tankers from the U.S. Gulf Coast to the UK/Continent increased from $7,370 per day on November 1 to $42,986 per day on December 7, indicating strong demand for MR tankers.

This morning, I paid $3.33 for regular at Costco.

quote:

Originally posted by lkdr1989:

This morning, I paid $3.33 for regular at Costco.

$2.749 at the local Costco. Filled up yesterday.

Around $2.70 here in north central Alabama. Up about 10¢ in the past week...

$3.01 in the Yoop yesterday.

Went up 40 cents on Wednesday here just in time for the holidays, was 2.59 now 2.99 and in some place over 3

$2.49/gallon at Exxon in Colorado Springs yesterday.

Jumpped 30 cents here in my local in Northeast Indiana in 2 days

Anyone offering decent odds that after New Year's Day gas prices suddenly go up?

Ours has been down around $2.65 for several days now.

$2.92 for regular, $3.87 for diesel here this week.

quote:

Originally posted by Sig2340:
Anyone offering decent odds that after New Year's Day gas prices suddenly go up?

I'm curious: what's got you thinking that?

quote:

Originally posted by vthoky:
$2.92 for regular, $3.87 for diesel here this week.

quote:

Originally posted by Sig2340:
Anyone offering decent odds that after New Year's Day gas prices suddenly go up?

I'm curious: what's got you thinking that?

1. Bab-el-Mandeb.
2. I trust nothing any more.