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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (77308)	4/6/2008 11:23:16 AM
From: Peter V	Read Replies (1) \| Respond to of 116555

I don't know enough about refining to tell you what differences there are between gasoline and diesel production other than diesel is a heavier fraction of the crude oil, and gasoline is a lighter and more volatile fraction. But how it all relates to refinery input/output I don't know. One of the things that makes diesel more expensive in the US is the mandate for low sulphur diesel, which costs quite a bit to make over "regular" diesel. I'm not sure when those requirements kick in, but I think they might be here already. California has "reformulated" gasoline, and it's about the most expensive in the country.