Diesel $6.50/gal in the Bahamas!

[ThirdHatt]

At the fuel dock on Guana Cay, Abaco, Bahamas diesel was $6.50/gallon today! Fortunately, the price of water is "only" 30 cents a gallon. I seem to remember water being around 50 cents a gallon so maybe water is getting cheaper? Who knows but this is really getting rediculous.

Has anyone been able to explain why diesel now costs more than gasoline and why diesel prices have been rising faster than gasoline prices??

 

[CDB101]

Has anyone been able to explain why diesel now costs more than gasoline and why diesel prices have been rising faster than gasoline prices??

The best explanation that I've read so far was here:

http://www.aspo-usa.com/index.php?option=com_content&task=view&id=374&Itemid=91

It seems to make sense although I'm not familiar with the site.

 

[Genesis]

Demand from Chindia.

You can only get so much of a given "crack" out of a barrel of oil. If the demand for one component goes up so does its price relative to the others.

 

[Passages]

At this rate it will be that in the States soon.

My local gas station (Chester, CT) is now charging $5.109 for over the road ULSD.

Does anyone really think it can't hit $6 this year?

What really concerns me is #2 Heating fuel next winter. I'll be fine, but I bet 2/3's of the homes up here heat with oil. Low income folks will be hit hard.

 

[SKYCHENEY]

We obviously need more supply and more refining capacity. The problem is we all (this country) just sit here and watch this going on without really doing anything. We need a leader who can go out there and "git-r-done". Unfortunately, I don't see anybody on the horizon who is willing to do that. Forget this bio-fuel stuff. We have the resources if we were just allowed to go get them.

DRILL, DRILL, DRILL! Come on, lets get with it!

 

[DAlter]

At this rate it will be that in the States soon.

My local gas station (Chester, CT) is now charging $5.109 for over the road ULSD.

Does anyone really think it can't hit $6 this year?

What really concerns me is #2 Heating fuel next winter. I'll be fine, but I bet 2/3's of the homes up here heat with oil. Low income folks will be hit hard.

I took a look at the pumps Saturday at Brewer's Yacht Haven in Stamford, CT. Diesel $6.35 per gallon!

 

[dbltime]

We are fueling in Charleston S.C. now. $4.83 with no discounts for volume.

Peterson fuel barge in FLL was $4.17 cash or check but that was 3 weeks ago.

I read that they can produce 15 gallons of gas out of a barrel of crude but only 10 gallons of diesel. Also demand for diesel is up and gas is staying even in the U.S.

 

[67hat34c]

I read or herd we are selling refined diesel over seas, price and demand is high there also and I am guessing is a bargin for them since dollar is weak.

 

[Passages]

I took a look at the pumps Saturday at Brewer's Yacht Haven in Stamford, CT. Diesel $6.35 per gallon!

So the Bahamas are a bargain......

I really miss not having my big boat but I think I got lucky selling when I did.

 

[(Nobody You Know)]

We obviously need more supply and more refining capacity. The problem is we all (this country) just sit here and watch this going on without really doing anything. We need a leader who can go out there and "git-r-done". Unfortunately, I don't see anybody on the horizon who is willing to do that. Forget this bio-fuel stuff. We have the resources if we were just allowed to go get them.

DRILL, DRILL, DRILL! Come on, lets get with it!

Damn right Sky. And we can also curve the 87 some million barrels per year going into the public and private production of electricity by improving on our nuclear generation capacity (19.4% as compared to France's 60%).

 

[Nonchalant1]

This is gonna' hurt. I filled up last Fall at $2.51 and I still have half full tanks of that (about 280 gal). After I run through that, it's going to be possible to put $2,000 in my tanks for a fill-up. Glad we fulfilled my long-planned desire to complete the Great Loop Route last year.... I don't know if I could afford it now!

Doug Shuman

 

[Angela]

Just $2,000, Doug? My fuel bill could be around $4,000 or more. Well, I've got a long list things I'd like to do on the boat...in the slip...anyway.

I last fueled in December of 2006 for something like $2.30, and yes, my fuel is long gone!

 

[Passages]

Ang,

You should have let me borrow the boat for a day when I visited in Feburary. I always return borrowed vehicles with a full tank of fuel.