It will continue to get more expensive as the 2006 no sulphur rules kick in, no doubt, but I stand by what I said.
Low sulfur...no sulfur would be impossible, if one wants to refine any sour crude at all...But you are correct, almost everyone has built or are currently building low sulfur diesel units...
1) 15 ppm is virtually no sulphur.
2) I can spell it the way the brits do if I want.
1) 10 ppm of H2S is virtually no hydrogen sulfide, but can be lethal. None of the big boys are calling it "no sulfur"...It's "low sulfur".
2) Do you have bade teeth, the way the brits do?
My Durango gets 11.5 mpg and my RT gets around 8 mpg...I laugh hysterically every time I fill up...Hell, I borrowed my buddy's Escalade today and filled it up for the fuck of it!
You may all buy go purchase KIA'a now, whining really doesn't become you...
What I'm bitching about is the fact that when the price of a barrel of oil goes up the price at the pumps jumps immediately. But when the price of a barrel of oil goes down, it takes 3 months for the price at the pumps to drop accordingly. I calculate that I am spending about $4,000/year on gas for my vehicles as it is. If gas does go up $.25 in a week like predicted, that is about a 12% increase. Don't you think that's a little absurd for 1 weeks time?
1) 10 ppm of H2S is virtually no hydrogen sulfide, but can be lethal. None of the big boys are calling it "no sulfur"...It's "low sulfur".
2) Do you have bade teeth, the way the brits do?
There already *is* low sulfur..err. sulphur..diesel, right? And it has much more sulfur than 15ppm.
So, are you going to call this Really Low Sulfur Diesel?
Well, on the bright side, I feel richer now. When I used to have fifteen dollars in my pocket, and Biggs had a million, I used to feel like I had "no money." But now I know, thanks to you, that I instead have "low money."
Today, they (the Business guru's and oil guru's) stated that the low price for gas would be $2.25 by May and continue through October of 2005, with no relief in sight. Southern Illinois is at $1.99 and Metro St.Louis area at $1.86 for regular unleaded (87 octane) today.
yep bullshit. Gas reserves are high. The problem is that investment groups are artifically keeping the price high. $ is still cheap and energy has been a pretty safe bet. Until they get out the price will remain high even with a surplus. NAtural gas always follows petro market so those price will also remain inflated.
Well, on the bright side, I feel richer now. When I used to have fifteen dollars in my pocket, and Biggs had a million, I used to feel like I had "no money." But now I know, thanks to you, that I instead have "low money."
You can remember that far back??
Man I remember buying a bunch of Oxy between $15 and $20 while it bounced back and forth in that range for about three years. Now it's bumping up against $70!
Sometimes it's good to be in the Earl Bidness and this is one o' them times
[industry line] I don't know what I was thinking, sorry. In reality things are "OK". We're really still trying to regain all we lost from '99 to '01... [/industry line]
The terminology for the new diesel is ultra low sulfur diesel (ULSD).
The June 2006 EPA spec for "on road" diesel is 15 ppm at the pumps. This requires the producers to treat to a much lower level. Many units are designed to produce diesel that will contain ~7 ppm sulfur. That's pretty close to "no sulfur". The current "on road" diesel is 500 ppm sulfur. And FYI, ppm means parts per million, as in 7 pounds of sulfur per million pounds of diesel.
These units, and the revamps to existing units, are not cheap and therefore I suspect that the refiners are starting to raise the price of diesel to begin recovering the costs to engineer and construct these units. The current unit I am associated with is estimated to require $50 million of modifications to meet the ULSD specs. This is for a small unit to process 23,000 barrels per day. I have been associated with larger units that are estimated to cost ~$200 million. And these units have no economic justification or pay-back other than allowing the refiner to continue to sell "on road" diesel fuel.
Linear Mode
