It was only in recent years that diesel fuel prices soared above gas prices. These two fuel categories used to have different peak seasons, with gasoline prices enjoying greater primacy in pricing over longer months. Gasoline then had the biggest gap in prices from diesel fuel during the summer months, when demand for gasoline peaked [...]
The movement in diesel fuel prices has had a strong impact in a variety of industries that makes use of diesel not only in running machinery, but also in transporting goods. This is because the use of diesel in transportation and energy underlie a huge number of functions in everyday life. Majority of delivery trucks, [...]
With diesel fuel prices stabling a bit, there are still looming concerns about its future. This makes sense. If the record-high price of diesel happened before it will likely to happen again. But why diesel fuel prices went so high? If you are going to conduct a survey, many would say that it is the [...]
Indeed, the world is faced by a spectrum of problems nowadays. The issue on recession has not yet died out but seems to be worsening even more. Add to it the fact that the cost of the basic commodities have also soared up. One of the shocking revelations that confront people, especially the car and [...]
You were probably shocked when we had the record breaking fuel prices both on gasoline and diesel in July 2008. What was more shocking was that at one point, diesel prices become more expensive than gasoline. What happened next was completely unexpected. After a couple of months, fuel prices began to drop steeply. Speculator say [...]
When diesel was much cheaper than gasoline, everybody went to buy diesel engine vehicles. But the soaring prices of crude oil in the world market and the increased demand for diesel have significantly increased diesel fuel prices, especially in July 2008. While it is becoming cheaper now, no one really knows if diesel prices will [...]