Quote:
Originally Posted by cRiPpLe_rOoStEr
Last week, a highly unexpected thing happened in my country. For the first time that I can remember, Diesel fuel is more expensive than gasoline, AFAIK due to the war in Ukraine and the Brazilian refineries still having a refining profile more oriented toward gasoline than Diesel.
|
Same reason diesel is so much more expensive than gasoline in the USA.
Shortages from war in Ukraine and Russian sanctions
A few refineries down (one in Mexico from an Earthquake, one in Louisiana from Hurricane Ida)
South America going into winter which increases kerosene and fuel oil use
Increased air travel
Increased last minute shipping due to supply chain issues.
Some South American countries are still subsidizing diesel
Until recently I had not seen diesel more than 91 octane gasoline. Today near me:
$5.35 87 gasoline
$5.65 91 gasoline
$6.19 Diesel