 | Wave/Geothermal - Energy Return on Investment (EROI) (Part 6 of 6) | The Oil Drum | DrumBeat: May 15, 2008 |  |
78 comments on Peak Oil Media: Our President on Energy, Kunstler on Glenn Beck last night, and GWB Does Dr. Evil
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Fascinating analysis, Memmel--Great job!
Memmel,
Perhaps your analysis can help explain why diesel in the US is so much higher than gasoline - Europe is using their buying power with the strong Euro to buy crude relatively cheaply, then export gasoline to the US as a fairly cheap byproduct while keeping the diesel for Europe (and all the diesel-powered cars). Thus, the US gasoline price is depressed versus the US diesel price, on the basis of European gasoline imports. Of course, as RR has pointed out, US low-sulfur diesel regs have also raised the price of US diesel.
In any case, insightful comment as usual.
- Brother Kornhoer