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Forget gasoline, diesel topped $4 a month ago

Marketwatch -- High diesel prices are “even worse for an economic recovery than high gasoline prices,” said Denton Cinquegrana, senior markets editor at the Oil Price Information Service (OPIS). “Most Americans pay attention to the price of gasoline, but we totally neglect the impact high diesel prices have on goods and services.”

“Anything from milk and eggs at the grocery store, to beer at the liquor store, and the newest PlayStation games at Best Buy” all get to their destination somehow — and that somehow is usually by truck, said Cinquegrana.

Consumers are also “less interested in diesel because they don’t buy it every week and the cost increases are indirect,” he said, but diesel costs are “passed through in the goods we purchase.”

An estimated 94% of all freight in the U.S. relies on diesel,

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Submitted Apr 07, 2012 By: bar1035

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mikaye Champion Author Cleveland Posts:3,849 Points:868,335 Joined:Jun 2010	Message Posted: Apr 7, 2012 10:51:55 PM Ignore mikaye Report Abuse disel is always more expensive
UC2 Champion Author Ventura Posts:1,305 Points:318,255 Joined:May 2010	Message Posted: Apr 7, 2012 10:50:42 PM Ignore UC2 Report Abuse anything new
gobux10 Champion Author Ohio Posts:3,189 Points:682,885 Joined:Mar 2010	Message Posted: Apr 7, 2012 10:49:42 PM Ignore gobux10 Report Abuse Even rail is diesel
moody4u Champion Author Cincinnati Posts:3,847 Points:767,245 Joined:Oct 2008	Message Posted: Apr 7, 2012 10:46:36 PM Ignore moody4u Report Abuse Big dumbness !
QualTekGuy Champion Author Illinois Posts:3,073 Points:736,490 Joined:Feb 2007	Message Posted: Apr 7, 2012 10:46:24 PM Ignore QualTekGuy Report Abuse When diesel goes up, everything that needs to be delivered goes up.
GasCzarCO Champion Author Colorado Springs Posts:1,408 Points:802,800 Joined:Mar 2010	Message Posted: Apr 7, 2012 10:44:24 PM Ignore GasCzarCO Report Abuse This is going to be a rough summer; maybe fall as well.
abcdMA Champion Author Worcester Posts:7,937 Points:1,577,905 Joined:Nov 2008	Message Posted: Apr 7, 2012 10:41:17 PM Ignore abcdMA Report Abuse and rising!
bluebird1 Champion Author Toronto Posts:15,750 Points:3,111,050 Joined:May 2004	Message Posted: Apr 7, 2012 10:38:49 PM Ignore bluebird1 Report Abuse Forget either, Cdn regular topped $6/gal. ...like 6.30 in Toronto here & more out east.
jorja13 Champion Author British Columbia Posts:1,096 Points:251,795 Joined:Aug 2008	Message Posted: Apr 7, 2012 10:34:26 PM Ignore jorja13 Report Abuse In 2006 we bought a new Diesel Jeep Liberty and diesel was less than gas by quite a bit. Shortly after diesel started rising and for a while was more than gas. Today in Kelowna they are about the same. Our jeep gets way better mileage than the gas model though.
ExplorerWA Champion Author Washington Posts:4,093 Points:800,075 Joined:Feb 2011	Message Posted: Apr 7, 2012 10:31:13 PM Ignore ExplorerWA Report Abuse Just hit $4.66 here.
CollegeMan21 All-Star Author Colorado Posts:838 Points:457,160 Joined:Sep 2006	Message Posted: Apr 7, 2012 10:28:47 PM Ignore CollegeMan21 Report Abuse When diesel does go up I do see it at the grocery store. I don't see it when I shop for electronics. Clothing I don't see it either. Where did this author get the sources to say that cost go up at the liquor store and at Best Buy?
altima2008 Champion Author Philadelphia Posts:8,175 Points:1,740,715 Joined:Apr 2008	Message Posted: Apr 7, 2012 10:28:06 PM Ignore altima2008 Report Abuse Nobama better get his cut now because in november his sorry behind will be elected out!
luvmyburgi Champion Author Ohio Posts:5,846 Points:963,145 Joined:Sep 2005	Message Posted: Apr 7, 2012 10:24:26 PM Ignore luvmyburgi Report Abuse Everyone is going to pay for the price of diesel.
nugney Champion Author Atlanta Posts:2,941 Points:2,033,515 Joined:Jan 2006	Message Posted: Apr 7, 2012 10:12:25 PM Ignore nugney Report Abuse ouch
darkknight1 Champion Author Winston-Salem Posts:4,350 Points:898,760 Joined:Nov 2010	Message Posted: Apr 7, 2012 10:11:07 PM Ignore darkknight1 Report Abuse All of us suffer because of this.
adrerock Sophomore Author Florida Posts:142 Points:3,750 Joined:Jul 2011	Message Posted: Apr 7, 2012 10:07:33 PM Ignore adrerock Report Abuse I'm just glad that I do not nned to buy diesel.
cutter1330 Champion Author Oklahoma Posts:8,045 Points:1,696,815 Joined:Jul 2005	Message Posted: Apr 7, 2012 10:07:23 PM Ignore cutter1330 Report Abuse If we used bat pooh for fuel, the speculators would price it through the roof.
Focus2 Champion Author Illinois Posts:7,896 Points:1,920,520 Joined:Mar 2006	Message Posted: Apr 7, 2012 10:05:26 PM Ignore Focus2 Report Abuse Instead of expecting the consumer to keep paying through passing it on, the trucking industry should be converting to LNG or CNG Natural gas. We saw articles on this sometime back and adding stations along their routes. What has happened to all that? Higher cost should bring about this and put it forward as a priority.
autohio Champion Author Ohio Posts:3,790 Points:822,400 Joined:Jan 2011	Message Posted: Apr 7, 2012 10:03:59 PM Ignore autohio Report Abuse Yep. At least their fuel doesn't have ethanol in it
silverfoxv65 Champion Author Michigan Posts:4,495 Points:1,232,975 Joined:Sep 2009	Message Posted: Apr 7, 2012 10:00:43 PM Ignore silverfoxv65 Report Abuse I agree with this article, it hits the nail right on the head!
tes283 All-Star Author Tampa Posts:865 Points:368,850 Joined:Dec 2011	Message Posted: Apr 7, 2012 9:57:52 PM Ignore tes283 Report Abuse High diesel is higher over all costs.
Soglaos Champion Author Virginia Beach Posts:2,771 Points:742,655 Joined:Feb 2011	Message Posted: Apr 7, 2012 9:55:57 PM Ignore Soglaos Report Abuse Diesel is good but also overpriced
cruisingtx Champion Author San Antonio Posts:1,589 Points:1,373,085 Joined:Jan 2009	Message Posted: Apr 7, 2012 9:55:50 PM Ignore cruisingtx Report Abuse Too costly.
mfeldstein Champion Author Ottawa Posts:8,186 Points:1,933,405 Joined:Feb 2007	Message Posted: Apr 7, 2012 9:54:21 PM Ignore mfeldstein Report Abuse Except for occasional blips, diesel is always more expensive than regular gas.
Chris46 Champion Author Dayton Posts:23,720 Points:2,085,240 Joined:Sep 2005	Message Posted: Apr 7, 2012 9:52:32 PM Ignore Chris46 Report Abuse is a diesel engine worth the cost difference over a gasoline engine ? Has anybody figured this out?
ftsgt Champion Author Illinois Posts:13,062 Points:2,486,470 Joined:Dec 2004	Message Posted: Apr 7, 2012 9:52:11 PM Ignore ftsgt Report Abuse sure did
goodbuy Champion Author Michigan Posts:7,678 Points:1,424,680 Joined:May 2005	Message Posted: Apr 7, 2012 9:51:55 PM Ignore goodbuy Report Abuse Sounds like news that should have been reported last month.
sit Champion Author Cleveland Posts:5,220 Points:1,935,870 Joined:Feb 2006	Message Posted: Apr 7, 2012 9:51:53 PM Ignore sit Report Abuse Yep.
mnorthwood13 Champion Author Michigan Posts:1,385 Points:764,535 Joined:Apr 2010	Message Posted: Apr 7, 2012 9:47:13 PM Ignore mnorthwood13 Report Abuse But it's still more efficient.
DustyHorse Champion Author Virginia Posts:6,103 Points:1,394,770 Joined:Oct 2008	Message Posted: Apr 7, 2012 9:45:49 PM Ignore DustyHorse Report Abuse We got here because of greedy speculators and commodity trading companies and politicians who refuse to rein them in.
mrbee Champion Author Little Rock Posts:3,773 Points:2,469,510 Joined:Oct 2005	Message Posted: Apr 7, 2012 9:45:29 PM Ignore mrbee Report Abuse Expensive.
goldrose1 Champion Author Cleveland Posts:10,956 Points:1,927,755 Joined:Feb 2005	Message Posted: Apr 7, 2012 9:43:05 PM Ignore goldrose1 Report Abuse People forget.
camel1 Champion Author Minnesota Posts:8,285 Points:2,269,540 Joined:Jul 2006	Message Posted: Apr 7, 2012 9:37:34 PM Ignore camel1 Report Abuse Some real economic truths concerning diesel and how the price really passes to consumers
DeeLA Champion Author Los Angeles Posts:4,833 Points:1,368,255 Joined:Nov 2008	Message Posted: Apr 7, 2012 9:37:16 PM Ignore DeeLA Report Abuse Diesel has been above $4 for almost 6 months here. Actually it has come down about 10 cents this month, from $4.49 to $4.39.
farn1958 All-Star Author Twin Cities Posts:886 Points:183,385 Joined:Feb 2011	Message Posted: Apr 7, 2012 9:36:53 PM Ignore farn1958 Report Abuse Good article, How many people do you think will actually realize it's importance?
warlord1 Champion Author Georgia Posts:5,265 Points:1,037,900 Joined:May 2010	Message Posted: Apr 7, 2012 9:35:26 PM Ignore warlord1 Report Abuse ok
rpr77 Champion Author Philadelphia Posts:3,916 Points:771,185 Joined:Mar 2011	Message Posted: Apr 7, 2012 9:35:22 PM Ignore rpr77 Report Abuse ok
BackwoodsPundit Champion Author Richmond Posts:5,185 Points:1,013,475 Joined:Oct 2005	Message Posted: Apr 7, 2012 9:34:00 PM Ignore BackwoodsPundit Report Abuse I still want a turbo diesel
byoftDad Champion Author Columbus Posts:4,452 Points:1,233,375 Joined:Apr 2005	Message Posted: Apr 7, 2012 9:32:59 PM Ignore byoftDad Report Abuse stop shutting down coal fired electric generators and lower the electric rates. Stop obumo now!!!
nvwarped All-Star Author Corpus Christi Posts:893 Points:456,750 Joined:Sep 2011	Message Posted: Apr 7, 2012 9:31:57 PM Ignore nvwarped Report Abuse ok
FlyNFool Champion Author South Carolina Posts:8,254 Points:1,687,900 Joined:Aug 2008	Message Posted: Apr 7, 2012 9:31:05 PM Ignore FlyNFool Report Abuse Have you noticed the prices at the grocery store?
72_Monte Champion Author Twin Cities Posts:7,780 Points:1,999,160 Joined:Aug 2005	Message Posted: Apr 7, 2012 9:29:41 PM Ignore 72_Monte Report Abuse Because it's not the most widely used, & thus produced in lower volumes.
letterchunker Champion Author Texas Posts:2,245 Points:667,675 Joined:Aug 2008	Message Posted: Apr 7, 2012 9:28:22 PM Ignore letterchunker Report Abuse Right on DCbeachbum
BCHS76 Champion Author Indianapolis Posts:1,048 Points:857,410 Joined:Oct 2009	Message Posted: Apr 7, 2012 9:23:33 PM Ignore BCHS76 Report Abuse Duh.
airjammer Rookie Author Colorado Posts:55 Points:32,515 Joined:Dec 2011	Message Posted: Apr 7, 2012 9:21:00 PM Ignore airjammer Report Abuse Wow, Someone finally figured it out, I'm just speechless from the awe. And I thought that it was magic food ferries that stocked the grocery store after dark. You mean that Santa Doesn't leave his extra games n such at Best Buy either. I wonder what Denton and the rest of you think is in the back of a 53' van trailer with Wal-Mart or some other store name on it, behind a DIESEL powered tractor. My god wake up America!!!
iamforiu Champion Author Indiana Posts:3,590 Points:714,665 Joined:May 2011	Message Posted: Apr 7, 2012 9:14:50 PM Ignore iamforiu Report Abuse hmmmm
Hoporrene Veteran Author Mississippi Posts:312 Points:206,970 Joined:Dec 2011	Message Posted: Apr 7, 2012 9:11:57 PM Ignore Hoporrene Report Abuse yeah....Diesel
diegotoad Champion Author Maryland Posts:3,422 Points:818,200 Joined:Jul 2009	Message Posted: Apr 7, 2012 9:07:46 PM Ignore diegotoad Report Abuse Yet diesel is coming closer to regular gas instead of being more expensive than premium.
IUVidiot Champion Author Indiana Posts:3,605 Points:712,360 Joined:Jun 2011	Message Posted: Apr 7, 2012 9:07:22 PM Ignore IUVidiot Report Abuse ok
swrestler Champion Author Grand Rapids Posts:6,150 Points:1,574,850 Joined:Oct 2008	Message Posted: Apr 7, 2012 9:06:13 PM Ignore swrestler Report Abuse I'm Glad My Car Doesn't Burn Diesel Fuel....
petemacinta Sophomore Author Maryland Posts:123 Points:271,300 Joined:Feb 2012	Message Posted: Apr 7, 2012 9:03:26 PM Ignore petemacinta Report Abuse Wasn't diesel cheaper than gasoline about 50 years ago?
eye-spy Champion Author Quebec Posts:4,603 Points:2,420,770 Joined:Feb 2005	Message Posted: Apr 7, 2012 8:58:21 PM Ignore eye-spy Report Abuse You have to wonder just when this nonsense is going to stop!!