Besides excise taxes, here are the main factors that determine diesel gas prices:
Availabity and current cost of crude oil : Crude oil prices are influenced by simple supply and demand on a global basis, and over recent years soaring demand has placed unprecedented pressure on available supplies. The Organization of Petroleum Exporting Countries (OPEC) has significant weight on fuel prices because they get to place an upper limit on what its members are allowed to produce and OPEC produce about 40% of the world's crude oil, they also possess pretty much all of the available production capacity, and possess over 60% of the world's estimated crude oil reserves. Prices rise rapidly due to disruptions in the worldwide and domestic supply of crude oil, such as the 1973 oil embargo by Arab countries, the war between Iran and Iraq in 1980, today's hostilities in Iraq, turmoil in the Niger River delta region of Nigeria, and the hurricanes in the Gulf of Mexico in 2005.
U.S. refineries have been operating at above 90% capacity over the last ten years. America hasn't opened a mainland facility in over 30 years which would go a long way towards explaining the overwork on existing facilities Most foreign countries rely even more heavily on distillates and diesel for overall transportation than does the United States, and refining capacity is near the highest possible output for existing facilities worldwide. U.S. diesel fuel prices are more and more affected by competing international demand for refined distillates.
While the price of diesel continues to rise, some innovative folks have found a way to lower gas usage and thereby achieve great savings while also reducing the toxicity of their car's emissions and helping their cars to operate better, quieter and smoother.
The concept of utlizing compressed air as a fuel vector can, for example, also be utilized in a hybrid vehicle, with cylinders running on compressed air with an additional battery running on electricity, generating a vehicle powered solely on electrical-pneumatic propulsion.
In case you are not familiar, it's true, safely extracting Hydrogen from water to produce a more optimum energy source is already here as a workable solution that is available for us all. Additionally, the technology isn't new; its just recently been made more optimum so that anyone can benefit from it.
I promised that I would tell you more about the Water4Gas system.
WATER4GAS is sharing information at a low price which individuals can use at home to put together a small gizmo which instills hydrogen into the gas/air mixture that their automobile runs on.
The process makes bite sized particles out of the particles that the engine uses as fuel. Because of the smaller size the engine is able to use considerably more of the fuel.
By doing this you can reasonably expect to lower your gas usage by 30-50% or significantly more. Those particles must have been pretty darn big in some systems before. But with W4G they are made consumable so you can lower your gas usage.
It also helps make emissions substantially cleaner.
This package of info has been purchased by over NINE THOUSAND individuals already and happy members number about 99%! So how about you?
Source: http://www.classicarticles.com/Article/How-Do-Diesel-Gas-Prices-Get-Set-/63291
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