FUEL COSTS COMMENTS * USA - Give Us A Break
We just can't get a break when it comes to dealing with the energy problem. We try to do the right thing, economically or environmentally, and it backfires
New York,NY,USA -Forbes, by Jerry Flint -19 May 2008: -- Two instances of this have to do with diesel and ethanol... Diesel engines were supposed to be a savior. That's because they are more thermodynamically efficient than gasoline engines. They have higher compression ratios and get more mileage out of the fuel--20% to 30% more. Diesel cars are very popular in Europe, and they save drivers money, partly from the efficiency and partly from the price difference. At a Texaco station in Brussels last week, gasoline was selling at $9 a gallon (figuring $1.59 to the euro) and diesel was only $7.81. In cost per mile in Belgium, diesel is way ahead... So what's the trouble with diesel as a salvation over here? Hint: Did you notice that truck drivers were parking their long-haul rigs the other week to protest high diesel prices?... At a Mobil station 70 miles north of New York City recently, I noticed that diesel was going for $4.49 a gallon, a third more than regular gasoline. This is just enough to wipe out the mileage benefit from diesel. The cost of diesel is bad news even if you are a city dweller without a car. Just about every product moves at some point by diesel truck. You can figure we'll soon see the recent price increases filtering through the entire economy...
* Canada - Fear Not Albertans: NEP sequel unlikely despite fuel concerns
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Labels: fuel cost troubles
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