Re: Diesal Prices

Posted by Matt from CT on August 30, 2006 at 16:34:36 from (24.177.7.213):

In Reply to: Diesal Prices posted by Jerry Cent. Mi. on August 30, 2006 at 15:24:59:

Drag up the reason of the day from the Wheel 'o Excuses...

ULSD may be part of it.

Although a normal year without the switch to ULSD they'd be claiming it was that they're starting to ramp up production of No. 2 Home Heating Oil.

Some would grose it's because they don't build more refining capacity due to environmental regulations; people like me would point out they've merged a lot and shut down enough capacity we can refine less fuel today than 30 years ago -- hey, helps the profits three ways! Less competetion, normal stuff like maintenance/seasonal changes/government formula changes create shortages so we get to charge even more, and you didn't invest in more capacity either.

And the bottom line:

Because people will pay it.

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