while diesel is comparatively cheaper to refine than gasoline,
the bottomline is, the various petroleum refined products all come from crude oil. in the process of refining, the various components of crude oil are all going to come out, whether they like it or not.
aviation fuel, petroleum gas, diesel, gasoline, bunker fuel, tar, etc...
even if the refiner's interest is on gasoline alone, the refiner still has to "do something with the other components".
how much they want to sell each component, depends on them. but the bottom requirement is, the cost of crude oil and its refining costs, should be covered.
jut can probably provide a better answer/explanation.
Last edited by dr. d; July 6th, 2019 at 11:26 AM.
refiners don't always make money
they are price takers not price setters
they do not have control over the price of refined products (mas lalo wala sila control over the price of crude oil)
those prices are determined by the market
refiners have this thing called crack spread
it's the spread between the price of crude and the price of refined products
they make money when the spread is positive but there are times the spread falls to zero and even negative
for example:
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Mas mahal diesel sa europe because if pollution tax.
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Brent up by 3 to USD 67.50...
Oil price jumps on reports of falling US stockpiles | News | Al Jazeera
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Last edited by Monseratto; July 11th, 2019 at 07:10 AM.
ang tanong: malakas ba demand ng light distillates para tumaas ang gaso?
Dapat na talaga paspasan ng govertment yung UNBUNDLING. Brashohin na. Maglagay ng judge na papabor.
Si petrogazz 41 ang gaso pero yung desel nya 37. Just 4pesos difference. Pero si big 3, mid-oil and new oil around 49 to 55 gaso. Malaki dieperensya.
Ito si petrogazz eh pumasok ka ng true quezon city at mang-gulo ka dito.
530AM pa lang kanina nagtaas na doon sa gas station malapit sa amin. Akala ko pa naman maunahan ko ung increase sa prices kanina. Oh well. Buti na lang top up lang.
Rollback for next week...[emoji2]
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