Just saw $6.09 at the Lilly & Capitol Mobil Station.
General Discussion
Gas...Gas...????....
Displaying 1 to 15 of 1,436 posts
And our Commerce secretary said there were no US deaths in the Iran War! Who should I believe?
AI Overview
The main reason for high gas prices right now is the ongoing war with Iran, which has caused a blockade in the Strait of Hormuz and reduced the global oil supply. [1, 2, 3]Key Factors Causing High Prices - Blocked Shipping: About twenty percent of the world's oil moves through the Strait of Hormuz. Ongoing conflict has closed or restricted this vital waterway. [1, 2]Higher Crude Costs: Less oil reaching the global market forces crude oil prices to rise. [1, 2]More Expensive Refining: Gas stations must pay higher wholesale costs for fuel, which leads to higher prices at the pump. Additional conflicts, such as attacks on Russian oil refineries, also put pressure on refined fuels like diesel. [1, 2, 3]
AI Overview
The main reason for high gas prices right now is the ongoing war with Iran, which has caused a blockade in the Strait of Hormuz and reduced the global oil supply. [1, 2, 3]Key Factors Causing High Prices - Blocked Shipping: About twenty percent of the world's oil moves through the Strait of Hormuz. Ongoing conflict has closed or restricted this vital waterway. [1, 2]Higher Crude Costs: Less oil reaching the global market forces crude oil prices to rise. [1, 2]More Expensive Refining: Gas stations must pay higher wholesale costs for fuel, which leads to higher prices at the pump. Additional conflicts, such as attacks on Russian oil refineries, also put pressure on refined fuels like diesel. [1, 2, 3]
Snake, I'm not sure what has changed here in the US regarding refinery capacity in the last 7 months. Did he provide any insight? Everything I have read is that "international conflict" has created a global refinery capacity shortage. I guess in that respect he's not wrong if he said it's a refinery issue.
$3.63 today.
i seen an interview with the Energy Secretary tis morning. He said the main problem right now is Refinery Capacity! This is basically what I said last week, and I got blasted by more than one LL Genius saying I was wrong. Do we go with Energy Sec, or LL self appointed Genius’s? Lol
Hope price goes down again tomorrow.
i seen an interview with the Energy Secretary tis morning. He said the main problem right now is Refinery Capacity! This is basically what I said last week, and I got blasted by more than one LL Genius saying I was wrong. Do we go with Energy Sec, or LL self appointed Genius’s? Lol
Hope price goes down again tomorrow.
Key Differences From On-Road Diesel
- Color: Tinted a vibrant red (using Solvent Red 26) to easily spot illegal highway use.
Taxes: Exempt from federal and state highway excise taxes, making it roughly 30 to 90 cents cheaper per gallon.
Chemical Makeup: Virtually identical to regular ultra-low sulfur on-road diesel and safe for modern engines. [1, 2, 3, 4, 5]
- Agriculture: Farm tractors and machinery.
Construction: Bulldozers, cranes, and excavators.
Power: Standalone or backup generators.
Other: Refrigerated trailer units (reefers) and certain marine/locomotive uses.
Graceonpoint, the reason gasoline prices are low in Indiana but diesel is not is because the governor suspended the tax on gasoline but did not for diesel. Indiana has some of the highest fuel taxes in the country, ranked 3rd highest for gas and 4th highest for diesel. Right now without the gas tax, gas is under $3/gal in some areas of Indiana. Seeing some stations in the $2.80-$2.90 range on Gasbuddy.
Displaying 1 to 15 of 1,436 posts







