We purchased several July and September calls on all sorts of fuel
last Winter, so far okay at a $26.50/barrel price. Has anyone else
seen fuel prices increase? WTTW, go long on fuel.
Bush
A part of Rome was built in a day.
On Wed, 07 Sep 2005 18:58:05 GMT, "Hilton"
wrote:
Hi,
Our RHV-based club (San Jose) just increased its prices by $2/gal/hr
effective immediately; 172s are now over $100, Arrow is $130 - I don't even
want to think what the Duchess will be when it gets its new engines (pilor
error gear up).
They said it was entirely due to fuel prices. I asked if the prices would
go down when/if avgas proces dropped. I didn't really get a good answer,
but the suggestion was no, they wouldn't.
I remember when a 172 was around $65 or so and flying around the pattern for
a hour was a fun thing to do. Now I have to call my accountant to get
financial approval.
Hilton
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