posted on May, 31 2015 @ 09:18 AM
Working in the trucking industry on a regional basis, I have noticed significant drops in Diesel prices first in British Columbia, then in Washington
State.
One explanation I've been offered is the mandatory use of DEF in new Class 8 diesel trucks and apparently in diesel cars.
Here's a general explanation on how DEF works:
en.wikipedia.org...
Apparently, for smaller trucks, like pick-ups 20 gallons will suffice for about 6000 miles, per one site, with a cost of $37 for a 2.5 gallon jug.
(U.S.)
Obviously, much more is consumed in tractor-trailer units. This is an added expense and is apparently causing a drop in diesel powered cars and small
trucks, at least in my region.
As a result, diesel prices are now slightly lower than gas prices!! At one point, as the over-all prices were crashing due to Fracking/shale
technology, a major truck-stop chain was selling diesel at a dollar a gallon higher than gas.
Six months later, the overall prices have climbed with diesel dropping to below gas prices.
My question is, is this a regional thing? World-wide? Is it likely to continue for the long term?
I'm inclined to buy a diesel unit that is the year earlier than DEF equipped. This would give the benefit of both lower diesel prices and increased
resale value of a non-DEF equipped vehicle.
Thoughte?