If you haven't been living in a cave you know what has happened to the price of diesel....diesel that our fleet of trucks run on. The question is why. With a flat economy and reduced demand, prices should be falling. Yet:
U.S. diesel prices have jumped 84.5 percent in a year to $3.28 a gallon – compared to the jump in gasoline prices of 78 percent to about $2.97 a gallon, according to the U.S. Energy Information Administration.
The question is why:
The surge in diesel prices follows a move by the U.S. Environmental Protection Agency mandating a cleaner form of the fuel which is more costly to produce and which is also more readily exportable to the European market and other diesel-hungry regions.
And, of course, the demand for the so-called "cleaner" fuel in Europe is driven by these countries promises to reduce their so-called "greenhouse" gas emissions. And they didn't build enough refining capacity to take care of their domestic uses so, one more time, the American taxpayer is bailing out Europe.
BTW - Who did you vote for for your representative on the EPA last election?? Me? Heck, I can't even remember seeing the EPA on the ballot yet it is doing more to cause me pain that anyone I know.
Exports
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