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Diesel Way up…

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    #1

    Diesel Way up…

    Just got notification.24/L up tomorrow over$1.55/L

    6 refineries down on west coast, normal differential .05/L over gas this time of year… now .55/L over… 60% less reserves from last year… east coast could have supply shortages of heating oil and diesel this winter…

    Fun
    Cheers
    Tags: None
    #2
    Originally posted by TOM4CWB View Post
    Just got notification.24/L up tomorrow over$1.55/L

    6 refineries down on west coast, normal differential .05/L over gas this time of year… now .55/L over… 60% less reserves from last year… east coast could have supply shortages of heating oil and diesel this winter…

    Fun
    Cheers
    The central banks raising interest rates… while Biden and Trudeau reduce hydrocarbons… block pipe lines… Brent back to $100/B… OPEC+ are forcing inflation up… Russian Revenge…

    Comment

      #3
      Gasoline futures $2.75
      Diesel futures $4.00


      Doesn't seem long ago Diesel was always cheaper.

      Comment

        #4
        Just filled for $1.37 last week

        Comment

          #5
          Originally posted by TOM4CWB View Post
          The central banks raising interest rates… while Biden and Trudeau reduce hydrocarbons… block pipe lines… Brent back to $100/B… OPEC+ are forcing inflation up… Russian Revenge…
          Was a really really good time to load up on canadian oil stocks about a week ago. Will very nicely offset fuel price increases

          Comment

            #6
            Originally posted by shtferbrains View Post
            Gasoline futures $2.75
            Diesel futures $4.00


            Doesn't seem long ago Diesel was always cheaper.
            ICAO establishes 2050 net-zero CO2 emission goal for international aviation
            https://www.greencarcongress.com/2022/10/20221008-icao.html
            The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. That agreement came at the ICAO 41st Assembly in Montreal after almost a decade of negotiations, and reflects increased urgency to align aviation with the Paris Agreement. Previous ICAO negotiations have focused...


            Looks like biodiesel will have a great market...

            ICAO establishes 2050 net-zero CO2 emission goal for international aviation
            08 October 2022

            The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. That agreement came at the ICAO 41st Assembly in Montreal after almost a decade of negotiations, and reflects increased urgency to align aviation with the Paris Agreement.

            Previous ICAO negotiations have focused on offsetting emissions growth above a 2020 baseline. The new decision will require significant reductions in CO2 from aircraft and fuels themselves, supported by large private and public investments. Furthermore, because ICAO itself has little implementation authority, the agreement empowers member states to take the lead in regulating emissions.

            The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop. To get to net-zero in 2050, we’ll need to peak emissions as soon as 2025, with richer countries taking the lead.

            —Dan Rutherford, Aviation Director of the International Council on Clean Transportation (ICCT)"

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