My theory is that out of a barrel of crude you get some gasoline, some diesel, and some tar.
Gasoline is the driving demand.
Since we are driving less, and using more efficient gasoline cars, we are using less gas. Which means less barrels of crude are being used.
So, less diesel and less tar is being made.
But, the demand for diesel and tar hasn't gone down, so the prices on those is steady to up. Kinda creating a shortage almost.
Or, other countries are paying good money for diesel since it is a more energy dense material, and with the weaker dollar we've had the past number of years, our refineries are shipping the diesel overseas, rather than selling it locally for less money.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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