Then the EPA mandated the Ultra-Low Sulfur Diesel requirements, raising the refining costs.
But don't worry, it will like be cheaper than gasoline in a few years. The EPA is trying to apply similar requirements to gasoline, so the cost of gasoline will rise up as well.
Algae based bio-diesel has zero sulfur. Had the EPA truly been motivated by wanting to reduce emissions, they would have worked to increase bio-diesel production. One possible example: Linking the amount of money eligible to be paid under the CRP (crop reduction program) to the number of barrels of bio-diesel produced on the farm.
The net effect of such a program would be to allow small farmers to be more independent by producing their own fuel, and it would have significantly increased the amount of bio diesel available to the market.
However, that was NOT the EPA’s goal. Their goal is to implement controls over the population and implement as much of Agenda 21 as possible.
You are getting more BTU/gal with diesel (13% or thereabouts), so from that standpoint a higher price has some merit, at least for that increment.
Eventhough diesel costs more, a diesel engine is more efficient than a gasoline engine.
Your getting more bang for your dollar with diesel than gasoline.
Meanwhile, various state governments are licking their chops at the prospect of taking advantage of the low gas prices to raise gas taxes. Can’t let the consumers catch a break.
And guaranteed, once gas prices rise again, the higher taxes will stay forever.