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On Mon, 05 Sep 2005 13:48:39 GMT, Jon Kraus
wrote: I do expect the fuel prices to come down but just don't know how much. It seems like the market price for a barrel for oil is starting to come down ( a little) but we are experiencing the "supply and demand" spike due to Katrina. Mogas here in Indianapolis went up 70 cents last week!! This past week Mogas has dropped about 30 to 40 cents per gallon here in Central Michigan which puts it in the $2.90 range. I seriously doubt it'll drop below $2.60 or $2.70. It'll have to stay in the $3.50 range to make alternative fuels cost competitive. Roger Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com Jon Kraus '79 Mooney 201 4443H @ TYQ Jim Burns wrote: I've got to give our FBO manager a lot of credit, he held the price to $2.97 until just last week, now it's $3.57. I looked up some of the prices from last year, we had some local purchases as low as $2.11. If we fly as much next year, the effect of the fuel prices will have a pretty big effect on our per hour costs. At the current fuel price it's running around $210 per tach hour with everything else remaining the same. Jim |
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