Diesel vs Unleaded Fuel
Recently I have been wondering how it is possible that Diesel, a less refined product than unleaded fuel ( ie cheaper to refine), which contains more energy per litre, is less harmful to the environment could possibly be priced higher than unleaded at the fuel pump.
I thought it must be some backwards government tax, but not this time, Diesel and Unleaded are both taxed at 38c per litre, so its not this.
But, the answer has been found, supply and demand, there is an extremely high demand in WA and Australia for diesel at the moment due to increased mining operations and from the growth in Asia ( as our diesel is priced from the Singapore market), very interesting
More info is at http://www.aip.com.au/pricing/diesel.htm
I thought it must be some backwards government tax, but not this time, Diesel and Unleaded are both taxed at 38c per litre, so its not this.
But, the answer has been found, supply and demand, there is an extremely high demand in WA and Australia for diesel at the moment due to increased mining operations and from the growth in Asia ( as our diesel is priced from the Singapore market), very interesting
More info is at http://www.aip.com.au/pricing/diesel.htm
posted by Andy at 3:41 PM
2 Comments:
hey nice to read about diesel. i also work in a diesel locomotive shed of indian railways...hey please visit www.punedieselshed.tk
thank you
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diesel fuel pump
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