Fuel prices moving up, just in time for spring boating and driving?
RCE wrote:
"Shortwave Sportfishing" wrote in message
...
On Sat, 25 Mar 2006 17:33:58 -0500, thunder
wrote:
On Sat, 25 Mar 2006 22:10:02 +0000, Shortwave Sportfishing wrote:
About twice as much gas in a barrel of crude as diesel.
Yeah, but is that due to the demand, or the physical properties of a
barrel of oil? I know that home heating oil is quite close to diesel, but
is it included in the number?
#2 and diesel are identical. The difference is in the lubricant
additives in diesel. #2/diesel are considered a "distillate" in
commodity trading and hold pretty close to each other in wholesale
pricing. The difference is in additives and how much kerosene is
added to the diesel. #2 is pretty much as it comes out of the stack.
It's about two to one, gas/diesel in a barrel of oil.
An interesting side note - there is more product in a barrel of oil
than there is parent stock. A normal "barrel" is 42 gallons, but it
produces 44.5 gallons of product.
Something doesn't make sense. Diesel is very popular in most of Europe
because gas prices are so high.
But if there is double the amount of gasoline yield in a barrel of crude
than diesel, why is diesel cheaper in Europe and often less than premium gas
here in the US?
RCE
I didn't know that, but I remember when diesel was cheaper than
*regular* unleaded. After the hurricanes, it was higher than premium
and it's now between mid-grade and premium here.
Dan
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