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GasBuddy News Article


Forecast for fall: Diesel to slip more
Thursday, August 28, 2008
Arkansas Democrat Gazette -- SPRINGDALE — Diesel is predicted to keep dropping in price this fall as the trucking industry exits a fuel trend that posted record-setting rates at the pump and eliminated many smaller players.

Consumers will still feel the sting of higher retail prices because diesel prices remain higher than a year ago, trucking insiders say.

James Williams, an energy economist who owns WTRG Economics near Russellville, predicted prices at the pump will slide as much as 15 more cents.


Visit Arkansas Democrat Gazette for full article

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JT
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Message Posted: 8/28/2008 11:05:58 AM  Ignore JT Report Abuse
Thursday, August 28, 2008
Arkansas Democrat Gazette -- SPRINGDALE — Diesel is predicted to keep dropping in price this fall as the trucking industry exits a fuel trend that posted record-setting rates at the pump and eliminated many smaller players.

Consumers will still feel the sting of higher retail prices because diesel prices remain higher than a year ago, trucking insiders say.

James Williams, an energy economist who owns WTRG Economics near Russellville, predicted prices at the pump will slide as much as 15 more cents.

Visit Arkansas Democrat Gazette for full article
REPLIES (newest first)
POLELANE
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Ohio

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Message Posted: 8/31/2008 12:48:01 PM  Ignore POLELANE Report Abuse
diesel is slippery
gas101CA
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California

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Message Posted: 8/30/2008 9:09:12 PM  Ignore gas101CA Report Abuse
lets hope it keeps falling
PathfinderSC
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South Carolina

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Message Posted: 8/29/2008 7:30:00 PM  Ignore PathfinderSC Report Abuse
I hope it will keep falling
magnumCA
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Los Angeles

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Message Posted: 8/29/2008 5:35:29 PM  Ignore magnumCA Report Abuse
What a suprise
s3martin
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Des Moines

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Message Posted: 8/29/2008 4:49:36 PM  Ignore s3martin Report Abuse
YES, diesel comes from gas. So it should be on the down slide. Costing us all at the store for everything.
sdarling
Sophomore Author
Ohio

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Message Posted: 8/29/2008 3:27:13 PM  Ignore sdarling Report Abuse
It should fall it's a byproduct of gas..
WillyG
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Cincinnati

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Message Posted: 8/29/2008 11:00:00 AM  Ignore WillyG Report Abuse
Our diesel dropped last week to under $4/gallon and now is back above 4 . Stop messing around !!!
Schwartzmdja
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Oklahoma City

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Message Posted: 8/29/2008 10:57:10 AM  Ignore Schwartzmdja Report Abuse
good! maybe food prices will go down
aalix
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Orange County

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Message Posted: 8/29/2008 10:57:00 AM  Ignore aalix Report Abuse
Happy all round.
MajorSteve
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Oklahoma City

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Message Posted: 8/29/2008 10:54:55 AM  Ignore MajorSteve Report Abuse
That would be nice!
kmkeith
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Omaha

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Message Posted: 8/29/2008 10:52:37 AM  Ignore kmkeith Report Abuse
They are dropping, which is always good, but not enough.
amearly
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Michigan

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Message Posted: 8/29/2008 10:52:03 AM  Ignore amearly Report Abuse
Yet no return of any of the surcharges place on us consumer when the price was up to almost 5.oo dollars.
krucker
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Austin

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Message Posted: 8/29/2008 10:48:56 AM  Ignore krucker Report Abuse
Believe it when I see it.
Kthyme
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Fort Worth

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Message Posted: 8/29/2008 10:48:15 AM  Ignore Kthyme Report Abuse
Blah...Blah...Blah...

I want to see some DRILLING!!!! And NOW!!!! And HERE!!!!

;)
ramshot412
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Riverside

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Message Posted: 8/29/2008 10:45:02 AM  Ignore ramshot412 Report Abuse
Around here it has dropped a lot more than gasoline.
Gerund1
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Toronto

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Message Posted: 8/29/2008 10:42:56 AM  Ignore Gerund1 Report Abuse
I am not holding my breath on this thought.
kevski
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Oregon

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Message Posted: 8/29/2008 10:42:41 AM  Ignore kevski Report Abuse
still a long way to go
Greatace
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Tampa

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Message Posted: 8/29/2008 10:41:09 AM  Ignore Greatace Report Abuse
We can hope matman01!!!
Don20
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Oklahoma City

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Message Posted: 8/29/2008 10:41:01 AM  Ignore Don20 Report Abuse
It needs to slide a lot to match the price of gas. (most of diesel price is greed).. Because they know truckers have to have fuel..
kypeanuts
Veteran Author
Louisville

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Message Posted: 8/29/2008 10:40:54 AM  Ignore kypeanuts Report Abuse
not long ago cheaper than gas
SeerLV
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Las Vegas

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Message Posted: 8/29/2008 10:39:46 AM  Ignore SeerLV Report Abuse
Diesel seems too high and is remaining so as gas prices fall.
SomeChick23
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Edmonton

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Message Posted: 8/29/2008 10:39:22 AM  Ignore SomeChick23 Report Abuse
i remember a time when Diesel was cheaper than gas.
laddyboy62
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Riverside

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Message Posted: 8/29/2008 10:38:15 AM  Ignore laddyboy62 Report Abuse
keep slipping
Bruno44
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Texas

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Message Posted: 8/29/2008 10:38:01 AM  Ignore Bruno44 Report Abuse
Don't slip! Fall quickly.
matman01
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Detroit

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Message Posted: 8/29/2008 10:36:59 AM  Ignore matman01 Report Abuse
Maybe then food prices will retreat as well?
SLAPSHOT351
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Long Island

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Message Posted: 8/29/2008 10:36:42 AM  Ignore SLAPSHOT351 Report Abuse
I'll be happy when it comes down to the same price as regular gas or below. What happened to those day's? Whats the reason it is .80 - 1.00 more than gas ?
OuchMyWalletSUV
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Sacramento

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Message Posted: 8/29/2008 10:33:32 AM  Ignore OuchMyWalletSUV Report Abuse
cont...but still higher than gasoline.
mattf373
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Atlanta

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Message Posted: 8/29/2008 10:30:16 AM  Ignore mattf373 Report Abuse
let it fall
Tekkie
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Philadelphia

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Message Posted: 8/29/2008 10:29:02 AM  Ignore Tekkie Report Abuse
Maybe hold off buying fuel oil for the winter...
jmuse
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Long Island

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Message Posted: 8/29/2008 10:29:02 AM  Ignore jmuse Report Abuse
As it should.
girlusps
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Missouri

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Message Posted: 8/29/2008 10:28:58 AM  Ignore girlusps Report Abuse
Diesel came down 20 cents to 4.19 Here and 35 miles north it is 3.98....
Lizzylou
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Stockton

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Message Posted: 8/29/2008 10:27:06 AM  Ignore Lizzylou Report Abuse
Diesel is very low compared to a few months ago. It's about $4.39 and that's about a dollar cheaper.
no1doc
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Milwaukee

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Message Posted: 8/29/2008 10:26:41 AM  Ignore no1doc Report Abuse
Diesel still needs to come down.
mvosevich
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St. Louis

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Message Posted: 8/29/2008 10:25:05 AM  Ignore mvosevich Report Abuse
Prices went up .22 cents here yesterday.
SLAPSHOT351
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Long Island

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Message Posted: 8/29/2008 10:24:55 AM  Ignore SLAPSHOT351 Report Abuse
Can we get more diesel refineries ? Ever since diesel was switched from low sulfur to ultra low sulfur the price really increased. Not everyone is producing ULSD.
jrnascar
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Dayton

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Message Posted: 8/29/2008 10:24:09 AM  Ignore jrnascar Report Abuse
This is good news for the truckers
sailormon
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Michigan

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Message Posted: 8/29/2008 10:23:01 AM  Ignore sailormon Report Abuse
This is good news! It should help lower food prices at the grocery store!
Austin1850
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Austin

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Message Posted: 8/29/2008 10:17:15 AM  Ignore Austin1850 Report Abuse
Needs to drop more. Truckers are having a real hard time
Tommy4Wheel
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Wilmington

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Message Posted: 8/29/2008 10:17:07 AM  Ignore Tommy4Wheel Report Abuse
3
gasman50
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Portland

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Message Posted: 8/29/2008 10:14:58 AM  Ignore gasman50 Report Abuse
We need diesel a lot lower
RochBear
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Minnesota

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Message Posted: 8/29/2008 10:14:28 AM  Ignore RochBear Report Abuse
JDCOWBOY has is right.

The "cleaner" we make a fuel, the worse it is for the enviroment. SInce "cleaner fuels" actually use MORE OIL than the dirty ones. And if you consider every gallon of oil contains the same number of hydro carbon atoms, we actually put out MORE CO2 by consuming more oil. (you can't change the laws of Physics!)
We would be better off as a nation if we went back to the old diesel standards. And the sulfer does not simply dissapear. It now gets added to fertilizers, and other things (it's an element, you can't get rid of it). So it's still ending up in the air/water/soil.
This is what happens when politicians (who didn't take a single Chemistry/Physics course) start dictating laws. So when you vote this fall, vote for someone who does not have a poly-sci degree, but someone who has an engineering degree.
MN has a candidate for first district Congress who is an MD, with degrees in Nuke Physics, and Masters in Mechanical Engineering. This is the type of guy we need in Washington!
HEBster
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Kentucky

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Message Posted: 8/29/2008 10:14:23 AM  Ignore HEBster Report Abuse
Hope so---
HerrZimmer
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Connecticut

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Message Posted: 8/29/2008 10:13:43 AM  Ignore HerrZimmer Report Abuse
good for food prices, bad for mother nature!
jck667
Sophomore Author
Connecticut

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Message Posted: 8/29/2008 10:13:33 AM  Ignore jck667 Report Abuse
Don't blame the sulfur content for the diesel pricing problem. This step adds less than 5 cents to the gallon price. Besides, lowering the sulfur content merely put the US on par with much of the rest of the world - they aren't all whackos are they?

Still, it's sad to hear of people losing their livelihood. But it's a facet of the free market.
oncotime
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Milwaukee

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Message Posted: 8/29/2008 10:13:15 AM  Ignore oncotime Report Abuse
about time
AC-302
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Los Angeles

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Message Posted: 8/29/2008 10:12:51 AM  Ignore AC-302 Report Abuse
It sure would be good for truck drivers and the airlines as well. We have a station that I pass sometimes that charges $5.50/gal for #2..
katkAL
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Alabama

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Message Posted: 8/29/2008 10:12:40 AM  Ignore katkAL Report Abuse
Not just good for the truckers, but also good for grocery prices.
crusader1975
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Louisiana

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Message Posted: 8/29/2008 10:12:38 AM  Ignore crusader1975 Report Abuse
Good
ironbox_sara
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Albany

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Message Posted: 8/29/2008 10:12:22 AM  Ignore ironbox_sara Report Abuse
Amen.
NavyEOD
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Los Angeles

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Message Posted: 8/29/2008 10:10:56 AM  Ignore NavyEOD Report Abuse
Good for truckers.
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