I thing the long term curve for diesel is trending up; although, there
will be period of decline until prices bottom, making a floor upon which
the next rise in prices will hit a new all time hight. It's all a
matter of supply and demand, and with "peck oil" possibly having
occurred, and robust, growing economies like China and India providing a
wealth level to its citizen capable of allowing its citizen an income
sufficient to afford auto transportation, the demand for oil will only
increase putting pressure on the costs.
You do know that China, with a population of about 1.3 billion, and
India with a population of 1.1 billion are the number 1 and number 2
most populated countries in the world. It is estimated the population
of India will exceed the population of China somewhere around 2045, if
the world make it that long. Wow, that makes for a huge market for the
auto manufacturers, and could be bad news to Americans who have grown up
on cheep energy.
Regards,
LelandJ
john harvey wrote:
>Prices have dropped about 20 cents per gallon here. Lowest in Memphis is
>2.64 for regular
>
>http://www.memphisgasprices.com/
>
>John
>
>-----Original Message-----
>From: profox-bounces /AT/ leafe .DO.T com [mailto:profox-bounces@leafe.com] On Behalf
>Of Leland Jackson
>Sent: Saturday, April 29, 2006 9:44 PM
>To: ProFox Email List
>Subject: Re: [OT] Diesels We Want but Can't Get
>
>Right now in Abilene, TX, USA, regular is $2.80 to $2.85, premium is
>$2.85 to $3.05, diesel is $2.80 to 2.85 per gallon.
>
>Regards,
>
>LelandJ
>
>
>MB Software Solutions General Account wrote:
>
>
>
>>Leland Jackson wrote:
>>
>>
>>
>>> The advantages of diesel engines to European car buyers are
>>> obvious. Besides the lower fuel cost per gallon,
>>>
>>>
>>
>>Here in my neck of the woods, Diesel costs the same as 87 Octane gas.
>>
>>
>>
>>
>>
>>
[excessive quoting removed by server]
©2006 Leland Jackson |
