Your Economy (No Politics)

[nwsailor]

Why is diesel more expensive than gasoline?

If you read a lot of blogs it is because the taxes are higher, the cost of low sulphur refining is expensive, refinery space is marginal, blah, blah, blah.

The real reason is because we are exporting diesel around the world. It does not have the same restrictions as gasoline regarding export.

http://www.cnbc.com/id/100943620

If Keystone is passed, there will be a stronger demand for the Canadian oil we now get relatively cheap. The price will be bid up due to world demand, especially from China (who has bought up some tar sands companies). US consumers will end up paying more for gasoline at home.

We in essence will be puting our environment at risk, the jobs created are much lower than proclaimed, and we will end up paying more at the pump.

Such a deal.