Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Curly McLain via Mercedes
This indicates two things. 1. The European economy is slowing down. We export millions of gallons of diesel to Europe, 2. The US economy is slowing down. Less demand for product = Less OTR trucks = less diesel consumption, Enjoy the low prices, the economy is getting ready to collapse.

[MBZ] Why diesel prices are plummeting

2015-07-30 Thread Andrew Strasfogel via Mercedes
My local River Road Valero is at the lowest ever - $2.79/gal. This means the Rockville Gulf is probably at $2.50 US, East Coast ULSD stocks set record highs: EIA data Houston (Platts)--29Jul2015/403 pm EDT/2003 GMT US ULSD stocks rose to a record high for the fourth straight week, as East

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Rich Thomas via Mercedes
There was an article in the WSJ a coupla days ago about gasoline and diesel inventories, and diesel is way high due to it being a byproduct of gasoline refining, and gasoline is being refined at a high rate, apparently due to some refineries having recently come on line in the Middle East.

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Rick Knoble via Mercedes
Andrew writes: US ULSD stocks rose to a record high for the fourth straight week, as East Coast stocks also hit a record for the fifth straight week, according to Energy Information Administration data released Wednesday. This indicates two things. 1. The European economy is slowing down.

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Curt Raymond via Mercedes
@okiebenz.com To: Mercedes Discussion List mercedes@okiebenz.com Cc: Rick Knoble rickkno...@hotmail.com Sent: Thursday, July 30, 2015 9:40 AM Subject: Re: [MBZ] Why diesel prices are plummeting Andrew writes: US ULSD stocks rose to a record high for the fourth straight week, as East Coast

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Kaleb C. Striplin via Mercedes
Yep Sent from my iPhone On Jul 30, 2015, at 8:40 AM, Rick Knoble via Mercedes mercedes@okiebenz.com wrote: Andrew writes: US ULSD stocks rose to a record high for the fourth straight week, as East Coast stocks also hit a record for the fifth straight week, according to Energy

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Andrew Strasfogel via Mercedes
What no one has mentioned is that diesel and fuel oil comprise demand for the same product. In summer there is no demand to heat homes so diesel pirces MUST fall, in addition to everything else. On Thu, Jul 30, 2015 at 10:01 AM, Curly McLain via Mercedes mercedes@okiebenz.com wrote: This

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Andrew Strasfogel via Mercedes
mercedes@okiebenz.com Cc: Andrew Strasfogel astrasfo...@gmail.com Sent: Thursday, July 30, 2015 11:02 AM Subject: Re: [MBZ] Why diesel prices are plummeting What no one has mentioned is that diesel and fuel oil comprise demand for the same product. In summer there is no demand to heat homes so

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Curt Raymond via Mercedes
than the Atlantic... -Curt From: Andrew Strasfogel via Mercedes mercedes@okiebenz.com To: Mercedes Discussion List mercedes@okiebenz.com Cc: Andrew Strasfogel astrasfo...@gmail.com Sent: Thursday, July 30, 2015 11:02 AM Subject: Re: [MBZ] Why diesel prices are plummeting What no one

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread Andrew Strasfogel via Mercedes
] Why diesel prices are plummeting What no one has mentioned is that diesel and fuel oil comprise demand for the same product. In summer there is no demand to heat homes so diesel pirces MUST fall, in addition to everything else. On Thu, Jul 30, 2015 at 10:01 AM, Curly McLain via

Re: [MBZ] Why diesel prices are plummeting

2015-07-30 Thread G Mann via Mercedes
astrasfo...@gmail.com Sent: Thursday, July 30, 2015 11:02 AM Subject: Re: [MBZ] Why diesel prices are plummeting What no one has mentioned is that diesel and fuel oil comprise demand for the same product. In summer there is no demand to heat homes so diesel pirces MUST fall, in addition