Quote Originally Posted by MED View Post
What gets me is the price of diesel. I remember when diesel was 62 cents a gallon, and it was always cheaper then gas except for the past 10-15 years. The low sulfur thing caused it to go up, but the price of diesel is absolutely ridiculous.
As I understand it, that's because diesel is a by-product of making gas or vice-versa. Years ago, the American market drove oil refinery consumption and the American automotive market outpaced diesel consumption. The rest of the world uses far more diesel so the supply-and-demand curve can be inverted quite easily.