Join Date: May 2006
Location: Beautiful Colorado
Thanked 0 Times in 0 Posts
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Feedback Score: 0 reviews
Lower demand doesn't necessarily drive prices down. It could reduce volume buying leverage we have on the supplier nations. There might be a lag between the price at the pump and the price on the market.
I read an article that states a percentage of each barrel of crude is converted to diesel. That explains why diesel is more expensive than gas. But, the article didn't say what determined that percentage. Is it simply market demand ratios of other by-products required from that barrel? Or is it a technological limitation?
1999 F250 Crew Cab PowerStroke Diesel with Banks turbo, control modules, and exhaust.