Recession just around the corner?

[X-Treme]

As long as it's cold and crappy in eastern North America the diesel prices will stay high. Imagine the tens of thousands of houses, apartments, office buildings, malls etc that use heating oil. A 20 storey building uses a **** load of fuel. What a train or piece of equipment uses is nothing in comparison. And the building needs it 24-7. Not just for an 8 or 12 hour shift. Now multiply that by the number of buildings. It's a commodity that gets priced and moved by market demands. Us poor slobs that need it to get around or get our work done get caught in the middle. Always have, always will

Are diesel fuel and heating oil the same things?

 

[lloydguy]

"heating oil" hasn't been used in buildings prob. since the 1960's , I am sure there is not too
many still standing besides in the east. Propane is the fuel of choice where nat. gas is not available.
(for most)

 

[Cdnfireman]

"heating oil" hasn't been used in buildings prob. since the 1960's , I am sure there is not too
many still standing besides in the east. Propane is the fuel of choice where nat. gas is not available.
(for most)

Sorry bub, but you're wrong. Heating oil is still huge down east. Propane is gaining popularity in rural areas, but in urban areas the tanks are not allowed. And no one wants the liability of installing supply lines in urban areas .
And yes, heating oil is the same as diesel without the additive packages found in road fuel.

 

[pfi572]

So this is what I was told a few years ago about the fuel shortages and price.
It's the p rating in the winter that is the problem along with the low sulfur .
Out if every barrel of oil the refinery gets 30% less diesel than before due to low sulfur .
Before low sulfur I don't remember the prices being out of hand or shortages ?
So same amount of refineries and way more consumption with less out put due to emissions by the Gov.
This came from fuel the distributer .

 

[lloydguy]

Sorry bub, but you're wrong. Heating oil is still huge down east. Propane is gaining popularity in rural areas, but in urban areas the tanks are not allowed. And no one wants the liability of installing supply lines in urban areas .
And yes, heating oil is the same as diesel without the additive packages found in road fuel.

Sorry, bub but your wrong? Read what I said again. What building use heating oil that have been built
in the last 50 years?Heating oil is used only in some places in the east where nat. gas isn't an option.
Houses yes,but anything bigger than that no.Heating oil system's have been being replaced by propane
for prob. the last 30 years.
Are their alot of houses in the east still using heating oil, yes but NOWHERE near as many as there used to be.
And what are the additive packages you are talking about that makes road fuel different that
heating oil?
Heating oil is diesel with dye in it.(BUB)If there's anything else you want to know just ask.I know alot,
so don't be shy.

 

[LennyR]

Sorry, bub but your wrong? Read what I said again. What building use heating oil that have been built
in the last 50 years?Heating oil is used only in some places in the east where nat. gas isn't an option.
Houses yes,but anything bigger than that no.Heating oil system's have been being replaced by propane
for prob. the last 30 years.
Are their alot of houses in the east still using heating oil, yes but NOWHERE near as many as there used to be.
And what are the additive packages you are talking about that makes road fuel different that
heating oil?
Heating oil is diesel with dye in it.(BUB)If there's anything else you want to know just ask.I know alot,
so don't be shy.

So you're suggesting we can all go fill up our new diesel pickups with heating oil and it'll work out fine ?

 

[Timber_Tramp]

So you're suggesting we can all go fill up our new diesel pickups with heating oil and it'll work out fine ?

That's been done for years

 

[LennyR]

That's been done for years

The difference is just the dye and the tax ? So is it like running purple gas, you need a permit or farm plates ?

 

[DRD]

That's been done for years

I'd run it in an old 12V Cummins, new 6.7 which gobbles ULSD, no so much.

 

[LennyR]

What's a bub ?

 

[S.W.A.T.]

Many places still use oil for heat, trailers, shops rural homes. Not all homes are able to connect to nat gas. Rural Canada is much bigger then most think. Yes heating oil is the same as diesel, like mentioned the difference is tax. Right now im paying about 20 cents difference.

BUB

 

[MADMAN]

I found it left a oily layer of film all over everything, including "im guessing" ones lungs?

 

[Carrots]

So you're suggesting we can all go fill up our new diesel pickups with heating oil and it'll work out fine ?

Could also use jet fuel too...

 

[neilsleder]

Could also use jet fuel too...

Not all jet fuel just jet b I think. You have to add 2stroke oil or some type of lube it's to dry and will burn your pump out.


Sent from my iPhone using Tapatalk

 

[pfi572]

What the hell does the kind of fuel you can burn have to do with topic ? Lol

 

[Cdnfireman]

Sorry, bub but your wrong? Read what I said again. What building use heating oil that have been built
in the last 50 years?Heating oil is used only in some places in the east where nat. gas isn't an option.
Houses yes,but anything bigger than that no.Heating oil system's have been being replaced by propane
for prob. the last 30 years.
Are their alot of houses in the east still using heating oil, yes but NOWHERE near as many as there used to be.
And what are the additive packages you are talking about that makes road fuel different that
heating oil?
Heating oil is diesel with dye in it.(BUB)If there's anything else you want to know just ask.I know alot,
so don't be shy.

Theres still literally hundreds of thousands of buildings that use heating oil. Big and small. Entire towns and subdivisions still use it. Fire codes don't allow storage of propane near sub-grade structures like underground parkades, subways, tunnels etc. so where old utilities preclude new installation of propane/gas lines ( like most of the eastern seaboard of the U.S. ) heating oil is still used. Plus a fuel truck has fewer safety concerns in urban areas than bulk propane trucks.
Heating oil is diesel with dye, without lubricity additives, and with other additives to reduce biological issues that come with long term storage added post refinery. Road fuels must meet different requirements for lubricity, cold weather stability and purity that don't apply to heating or bunker oils. Its common in western Canada to use purple diesel as heating oil because of low demand and to simplify storage. Not so where the demand is higher.

Im thinking that you don't get out much or travel too far from lloydminster. (BUB)

 

[rightsideup]

not to be rude but this thread seems to be getting off topic so I am going to ask a specific question and it is will we see a market correction of the tse and dow coming soon?

 

[neilsleder]

not to be rude but this thread seems to be getting off topic so I am going to ask a specific question and it is will we see a market correction of the tse and dow coming soon?

Yah back on topic. I think we will see a bit of a correction as the price of oil drops. But how big of a correction we will see. I am thinking this summer it will be back to where it was at the same time last year.


Sent from my iPhone using Tapatalk

 

[pistoncontracting]

On the contrary, fuel and the price of it is a HUGE part of all this.

Petroleum runs the world. From plastic, to diesel.

The video with Oleary is very good IMO, very insightful. But what should have been added to it is also over production of grain. It seems that as technology improves, and more productive land coming into play in Russia and other parts, no longer is feeding the world looking like a problem. What is a problem, is getting the quality grain. There was also an article about Costco having to import Grade A, or triple A beef, as the demand is higher then supply.
As ag operations grow, it seems quality is squashed by quantity.

Or maybe not...

 

[ABMax24]

Well oil companies are taking note, just had another project for January shelved until April (but we all know that means until prices recover), so looks like lean times ahead in the patch, so on that note I hope it snows a ton this winter.