Cost of gas is beginning to hurt
"Larry Stimely" wrote in message
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Matt Barrow wrote:
"gatt" wrote in message
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"Matt Barrow" wrote in message
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It is the oil companies that are doing the stiffing.
Bull **** in spades.
Oil Companies have averaged 12-15 cents profit on each gallon;
Meanwhile, quarter after quarter they're making the highest profits in
the
history of human civilization, while the national economy--not to
mention
GA itself--slowly bleed out due to high costs of transportation.
There are several industries with higher profit margins; they just don't
have the volume or the breath of market. Exxon pumped something like 250
billion gallons last year.
BTW, while the oil companies make 12-15 cents, take a look at the
government
take:
Federal rate of 18.4 cents/gallon and the states (Excise & Other) at 18
(Montana) to
64 cents (NY), 60.1 (Hawaii), California (60.0) per gallon.
The average tax on gas is 45.9 cent/gallon (Federal & State) as of last
fall (2005).
And don't give that BS about government using it for infrastructure; our
roads are deteriorating since half goes into the general funds and the
remainder goes largerly to politically connected pork projects.
So who is doing the bleeding?
Here's a dollar: buy a clue.
I think the future of general aviation belongs to diesel. I've been doing
a little research on the Thielert 172/182 and the economics of it are
compelling. You're talking about the difference between ~17.5 gph and
~11.5 gph on a 182...and the diesel has seventy percent fewer moving parts
in it.
There's also significant concern about the ongoing availability of 100LL.
So...all I have to do is sell my wife on the idea of buying a Thielert 172
with a glass panel.
Fat chance.
Any lowdown on something in the range of 300-350 HP?
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