Quote:
Originally Posted by mastoidbone
It is cheaper to refine diesel then gas---but there is a bit more in tax and we all know cost has little to do with price right?
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Here are some details about gas vs diesel
Second, here in the U.S. the Energy Dept. says overall gas consumption has declined by 5 percent since 2004 while diesel demand has increased by 29 percent over the same period. In response, refineries have increased diesel production 15.1 percent, boosting diesel yield from a barrel of oil from 23.9% to 27.5%.
Third, the introduction of Ultra-Low Sulfur Diesel(ULSD),which was gradually phased into the market between 2006 and 2010 to replace the on-highway diesel fuel known as
Low Sulfur Diesel(LSD) mandated by the Environmental Protection Agency, required approximately $8 billion in refinery infrastructure upgrades. Naturally, that cost was passed on to you, the consumer. The Ultra-Low Sulfur Diesel added about 10 cents a gallon to the cost. And last but not least, taxes.
The federal tax on diesel is 24.4 cents per gallon, versus 18.4 cents for gasoline. The last increase was in the early '90s and tht's when diesel was generally less expensive than gasoline.
THANKS UNCLE SAM
Read more at
http://blog.gasbuddy.com/posts/Why-d...eXU3tvM1oKm.99