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Diesel fuel - why the low prices?
20 years ago, it was common for diesel to be cheaper than gasoline in the summer, and more expensive in the winter, due to fuel oil supply and demand. But diesel prices have been more expensive than gasoline, sometimes by a lot, for quite a few years. For the first time in a long time, diesel is cheaper than gasoline. What are the factors involved in all this?
3 Answers
- 6 years ago
That's good question, well one of place making regular gasoline got shut down, the Diesel didn't get shut down which is why.
- KanoLv 76 years ago
Mainly the tax they put on it, they upped the diesel tax a few years ago, diesel also can be stored for longer periods than gasoline.
- Anonymous6 years ago
Structure of distillation vessels in refineries changes in response to market.