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On par with winter gas. The refineries are allowed to leave in high vapor pressure distillates (primarlily butane) that they aren't allowed to have in gas in the summer. These have less energy hence why gas is normally cheaper in the winter.
On par with winter gas. The refineries are allowed to leave in high vapor pressure distillates (primarlily butane) that they aren't allowed to have in gas in the summer. These have less energy hence why gas is normally cheaper in the winter./
Not this winter. Here in mid November 87 octane was $1.799 and diesel $1.999. Yesterdays prices were $2.199/$2.499. Hopefully this is just some sort of oddball spike but I fear it will be the new norm.
Winter gas starts mid-September. Cold temps also drive MPGs down. For those that want to get educated on why gas prices are what they are at any point in time, GasBuddy usually explains it. Today's Wall Street Journal, front page, has a story entitled "Tightening Oil Supplies Inject New Momentum Into Price Rally".
Signs of strength under the surface of the energy market suggest further gains for crude prices, some investors and analysts say
...Brent-crude futures, the benchmark in energy markets, have risen more than 50% since the end of October and are approaching $60 a barrel for the first time since Covid-19 began to erode oil demand in early 2020. Futures for West Texas Intermediate—or WTI, the main grade of U.S. crude—last week surpassed $55 a barrel for the first time in over a year.
... American drivers are already paying more thanks to the rally in crude. Nationally, gasoline prices have climbed to an average of $2.46 a gallon from $2.12 at the start of November, according to GasBuddy, which tracks retail fuel prices.Gasoline prices are likely to keep climbing. Crude’s recent advance will take two to four weeks to translate into higher prices at the pump, said Patrick De Haan, GasBuddy’s head of petroleum analysis, though he doesn’t expect to see gasoline hit $3 a gallon on average any time soon.
Behind oil’s rally: Huge stockpiles that accumulated in the early stages of the pandemic have winnowed down faster than many people expected. Traders say that could pave the way for further price gains if demand, which has already recovered in China and India, picks up in developed economies.
The fall in inventories is largely down to efforts by the Organization of the Petroleum Exporting Countries and its allies, led by Russia, to restrain production. Since agreeing to the cuts at the peak of the crisis in energy markets in April, producers have held back a cumulative 2.1 billion barrels of oil, OPEC said last week.
I noticed a decrease in MPG over the past several months, but there's nothing wrong with the truck and I didn't have the same decrease in previous years. I charted every fill-up from June 2016 through yesterday, and ran a 12-month moving average. I saw the decline began just about 1 year ago.
In my case, it's not the truck, and it's not the gas -- it's the pandemic. The drop coincides with the beginning of the various pandemic shut-downs. I've been commuting on local roads and doing very little highway driving compared to previous years.
I noticed a decrease in MPG over the past several months, but there's nothing wrong with the truck and I didn't have the same decrease in previous years. I charted every fill-up from June 2016 through yesterday, and ran a 12-month moving average. I saw the decline began just about 1 year ago.
In my case, it's not the truck, and it's not the gas -- it's the pandemic. The drop coincides with the beginning of the various pandemic shut-downs. I've been commuting on local roads and doing very little highway driving compared to previous years.
Perfect. I think you nailed it. I am remote starting more due to the winter, but at the same time taking less length of trips and certainly less highway.
As far as gas prices hiking up, I think its safe to blame Tapioca Joe. We will probably hit $4 by end of summer.
Decline in empeegees.
