The good(???) news is that a lot of what we are paying for aviation fuels is
markup at the FBO level. The standard markup seems to be $1/gallon, so if
gas is $3.00 then the acutal wholsale price is less than $2 and probably
about $1.50 before delivery. Of the $1.50, perhaps $1.00 is the price of
crude, so a doubling of crude prices should only increase the price of avgas
by $1.00.
Mike
MU-2
"John Fitzpatrick" wrote in message
.. .
Wonder what the price of avgas is going to have on the GA community.
The price of 100 is running anywhere from $2.75 to $3.50 here in upstate
NY.
John
"Mike Rapoport" wrote in message
. net...
Here is another :
http://www.eia.doe.gov/pub/oil_gas/p...rohotgraph.htm
Your chart is in constant 2000 dollars.
Mike
MU-2
"C J Campbell" wrote in message
...
"No Such User" wrote in message
...
In article , C J Campbell wrote:
As one news report put it, oil is the most expensive it has been
since
the
1970's. Ummm, anyone remember what the price of gas was in the
1970's
when
oil was pushing $60/barrel? It was less than a dollar a gallon....
In the 70's oil was in the $20-$30 range.
http://www.wtrg.com/oil_graphs/oilprice1947.gif
So the price of oil nearly did hit $60/barrel, but it was in the early
'80s.
Still, even in 1983 the price of gasoline never came near $2/gallon.
My point is that the price of oil seems to have little relationship to
the
price of gasoline, despite what the media continually report. But
then,
what
else would you expect from the news media? I mean, these are the
idiots
who
could not get a degree in anything more rigorous than
'communications.'
It
is astounding, really, that they even know that gasoline has something
to
do
with oil. They probably learned most of what they know from Hollywood.