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On 1 Jul 2005 13:37:32 -0700, "M" wrote:
Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. Maybe Lycoming should start researching Ethenol powered aero engines :-) With global warming, we can turn Canada into a giant corn field. We have it bad in the UK where at my local airport they charge 1 pound 20 pence per litre of avgas which at current rates converts to around 8 dollars 16 cents per US gallon. |
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