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#1
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I think they should all be nationalized.
A responsible oil company should charge you as much as you are willing to pay. |
#2
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![]() Well said. All major oil companies are public companies and everyone is free to buy their share, or invest indirectly thru energy focused mutual funds. Yours truely for example, bought into energy mutual funds in late 2004 and the gain of that investments exceeds the extra money I paid for gas many, may times. I never understand why people complain about the oi price gouging. Just buy their stock and you'll ge gouging yourself :-) Robert M. Gary wrote: If you think the oil companies are making too much money, switch sides, buy some oil stock and share the profits. -Robert |
#3
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Robert M. Gary wrote:
A responsible oil company should charge you as much as you are willing to pay. That makes ZERO sense to me. What if I'm only willing to pay a nickle/gallon? Their "responsibility" will lead them to just charge me a nickle? C'mon. |
#4
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100LL at my home airport went from $3.64/gal to $3.05/gal today. Wow,
what a drop. -- Regards, Ross C-172F 180HP KSWI |
#5
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ktbr wrote:
While I'm sure everybody's Avgas fuel quotes are going down (ours are) you still have the fuel in the tank that you paid big $$$ for that has to go. it's funny how fast these tanks get emptied and promptly replaced with new priced fuel when the prices are going *up*... --Sylvain |
#6
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it's funny how fast these tanks get emptied and promptly replaced with
new priced fuel when the prices are going *up*... Conspiracy is attractive, but so are low fuel prices. Maybe that causes the demand? Jose -- The monkey turns the crank and thinks he's making the music. for Email, make the obvious change in the address. |
#7
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Sylvain wrote:
it's funny how fast these tanks get emptied and promptly replaced with new priced fuel when the prices are going *up*... any business (that plans on staying in business) is going to be more sensitive to rising prices on a comodity that he must keep stocked. If you don't plan sifficiently to cover replacment cost you may not have enough money to pay for the next tanker load. This didn;t used to be such a problem in the days when prices went up a few cents here and there. But when prices can end up being .50, .80 or even 1.00 per gallon higher in a month or two (like last year) your next tanker load might cost you $8000.00 more than the last one and you better have the money to pay for it Prices at the pump will start going down a lot when retailers feel they aren't gonna get hit bad by the next spike. |
#8
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It is a Milton Friedman stated principal that for a commodity in a
capitalistic system, price will to follow replacement cost. This means going up - and going down. |
#9
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Jon Kraus wrote:
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP Our is at $3.61/gal and the FBO said it might go down by $0.20/gal when the next load arrives this week. Also on the news this morning the local radio station was reporting that autogas could be going down to $2.00/gal after the holidays. -- Regards, Ross C-172F 180HP KSWI |
#10
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Locally ( in central Wisconsin), there is a historic and fairly accurate
correlation between the mogas pump price and the 100LL wholesale price when prices are stable. Even though the taxes and the markups are different, it's been easy to figure out what the 100LL price "should" be. Example: If mogas at the pumps is 2.98, the wholesale 100LL tanker load price will be around 2.98. Most FBO's prices will be close to $3.98. Our's is currently $3.90. This is just something that I've noticed locally and have been able to determine by talking with the wholesale dealers. If I see a local FBO charging more than $1 over the mogas pump price, he simply doesn't get my business. Jim "Jon Kraus" wrote in message . .. Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP |
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