Avgas plummets!

[Doug Vetter]

Couldn't believe my eyes.

I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6)
to find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
haven't seen it that low since well before the recent runup (probably
two years). Never thought I'd see the day when I was actually glad to
pay $3.15 a gallon, but it's here.

Oddly enough, the airport manager told me several weeks ago that the
first decline (to $3.85) wouldn't be the last, so the distributor must
have seen the change in the market coming.

As we shutdown at the pumps and gazed at the price in disbelief I said
to my partner - "Hey, want to top off and go up again? Talk about an
excuse to fly!" He said "Na, gotta get going, but let's fill up a few 5
gallon cans for next time just in case it goes back up! :-)"

Finally, some good news in aviation. We can actually afford to fly
again. Let that be a lesson to all the assholes in this business who
are overcharging us -- from the refiners, to the distributors, and
ESPECIALLY the FBOs. I mean, I don't expect anyone to work for free,
but my philosophy is that a business can either make a reasonable amount
of money on volume or nothing at all when I don't fly. The best
long-term business strategy seems clear to me.

-Doug

--
--------------------
Doug Vetter, ATP/CFI

http://www.dvatp.com
--------------------

[Montblack]

("Doug Vetter" wrote)
[snip]
> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
> haven't seen it that low since well before the recent runup (probably two
> years). Never thought I'd see the day when I was actually glad to pay
> $3.15 a gallon, but it's here.


I paid $1.90 last week to fill up the minivan. $2.03 now this week. Prices
spiked back up to $2.12 earlier in the week.

http://www.twincitiesgasprices.com/


Montblack

[George Patterson]

Doug Vetter wrote:

> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6)
> to find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
> haven't seen it that low since well before the recent runup (probably
> two years).

I've told you a million times not to exagerate. Back in January gas was still
less than $3.00/gallon at Old Bridge. It was $3.15 at Lakewood. Two years ago,
Paul was charging $2.65 at Old Bridge. That's cash price.

George Patterson
Coffee is only a way of stealing time that should by rights belong to
your slightly older self.

[Chris]

"Doug Vetter" > wrote in message
...
> Couldn't believe my eyes.
>
> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
> haven't seen it that low since well before the recent runup (probably two
> years). Never thought I'd see the day when I was actually glad to pay
> $3.15 a gallon, but it's here.
>
> Oddly enough, the airport manager told me several weeks ago that the first
> decline (to $3.85) wouldn't be the last, so the distributor must have seen
> the change in the market coming.
>
> As we shutdown at the pumps and gazed at the price in disbelief I said to
> my partner - "Hey, want to top off and go up again? Talk about an excuse
> to fly!" He said "Na, gotta get going, but let's fill up a few 5 gallon
> cans for next time just in case it goes back up! :-)"
>
> Finally, some good news in aviation. We can actually afford to fly again.
> Let that be a lesson to all the assholes in this business who are
> overcharging us -- from the refiners, to the distributors, and ESPECIALLY
> the FBOs. I mean, I don't expect anyone to work for free, but my
> philosophy is that a business can either make a reasonable amount of money
> on volume or nothing at all when I don't fly. The best long-term business
> strategy seems clear to me.
>

well I am paying $2.30 a liter the moment and no signs of it falling. (UK)

[g n p]

"Chris" > wrote in message
...
>>>
>
> well I am paying $2.30 a liter the moment and no signs of it falling. (UK)
>

Ditto, Greece (actually, $2.00).

[John Doe]

What does this have to do with AVGAS?

"Montblack" > wrote in message
...
> ("Doug Vetter" wrote)
> [snip]
>> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
>> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
>> haven't seen it that low since well before the recent runup (probably two
>> years). Never thought I'd see the day when I was actually glad to pay
>> $3.15 a gallon, but it's here.
>
>
> I paid $1.90 last week to fill up the minivan. $2.03 now this week. Prices
> spiked back up to $2.12 earlier in the week.
>
> http://www.twincitiesgasprices.com/
>
>
> Montblack

[John Doe]

I paid $2.90 last week and was so excited that it was less than $3.00 I flew
an extra sortie this week.


"Doug Vetter" > wrote in message
...
> Couldn't believe my eyes.
>
> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
> haven't seen it that low since well before the recent runup (probably two
> years). Never thought I'd see the day when I was actually glad to pay
> $3.15 a gallon, but it's here.
>
> Oddly enough, the airport manager told me several weeks ago that the first
> decline (to $3.85) wouldn't be the last, so the distributor must have seen
> the change in the market coming.
>
> As we shutdown at the pumps and gazed at the price in disbelief I said to
> my partner - "Hey, want to top off and go up again? Talk about an excuse
> to fly!" He said "Na, gotta get going, but let's fill up a few 5 gallon
> cans for next time just in case it goes back up! :-)"
>
> Finally, some good news in aviation. We can actually afford to fly again.
> Let that be a lesson to all the assholes in this business who are
> overcharging us -- from the refiners, to the distributors, and ESPECIALLY
> the FBOs. I mean, I don't expect anyone to work for free, but my
> philosophy is that a business can either make a reasonable amount of money
> on volume or nothing at all when I don't fly. The best long-term business
> strategy seems clear to me.
>
> -Doug
>
> --
> --------------------
> Doug Vetter, ATP/CFI
>
> http://www.dvatp.com
> --------------------

[Flyingmonk]

>What does this have to do with AVGAS?

Oh sh*t, now you've done it!

[BTIZ]

Last week it was $3.05 self serve.. be interesting to see this weeks.

I'm waiting.. not holding my breath.. for when the local flight school drops
the surcharge he added when the prices were up.

BT

"Doug Vetter" > wrote in message
...
> Couldn't believe my eyes.
>
> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
> haven't seen it that low since well before the recent runup (probably two
> years). Never thought I'd see the day when I was actually glad to pay
> $3.15 a gallon, but it's here.
>
> Oddly enough, the airport manager told me several weeks ago that the first
> decline (to $3.85) wouldn't be the last, so the distributor must have seen
> the change in the market coming.
>
> As we shutdown at the pumps and gazed at the price in disbelief I said to
> my partner - "Hey, want to top off and go up again? Talk about an excuse
> to fly!" He said "Na, gotta get going, but let's fill up a few 5 gallon
> cans for next time just in case it goes back up! :-)"
>
> Finally, some good news in aviation. We can actually afford to fly again.
> Let that be a lesson to all the assholes in this business who are
> overcharging us -- from the refiners, to the distributors, and ESPECIALLY
> the FBOs. I mean, I don't expect anyone to work for free, but my
> philosophy is that a business can either make a reasonable amount of money
> on volume or nothing at all when I don't fly. The best long-term business
> strategy seems clear to me.
>
> -Doug
>
> --
> --------------------
> Doug Vetter, ATP/CFI
>
> http://www.dvatp.com
> --------------------

[Montblack]

>> I paid $1.90 last week to fill up the minivan. $2.03 now this week.
>> Prices spiked back up to $2.12 earlier in the week.
>>
>> http://www.twincitiesgasprices.com/

("John Doe" wrote)
> What does this have to do with AVGAS?


Trends.

Parts of the country might not know that Mogas has dipped below $2.00 in
another part of the country.

Mogas and Avgas used to be closer in price - two years ago, the trend was
about 50 cents difference - OSH and MN as references. Recently, it seems
like that difference has been over $1.00 ....closer to $1.50 or $2.00 - post
Katrina.

My Mogas station is at the departure end of ANE's runway 27.

We're at a Twin Cities low of $2.07 on Sunday morning, BTW :-)


Montbalck
"So there." - aviation movie quote!

[BTIZ]

this week.. $2.95 100LL
BT

"BTIZ" > wrote in message
news:3qZmf.681$z21.196@fed1read04...
> Last week it was $3.05 self serve.. be interesting to see this weeks.
>
> I'm waiting.. not holding my breath.. for when the local flight school
> drops the surcharge he added when the prices were up.
>
> BT
>
> "Doug Vetter" > wrote in message
> ...
>> Couldn't believe my eyes.
>>
>> I pulled up to the pumps today at my home base of Old Bridge, NJ (3N6) to
>> find AVGAS at $3.15/gallon (cash), down from a high of $4.15 IIRC. I
>> haven't seen it that low since well before the recent runup (probably two
>> years). Never thought I'd see the day when I was actually glad to pay
>> $3.15 a gallon, but it's here.
>>
>> Oddly enough, the airport manager told me several weeks ago that the
>> first decline (to $3.85) wouldn't be the last, so the distributor must
>> have seen the change in the market coming.
>>
>> As we shutdown at the pumps and gazed at the price in disbelief I said to
>> my partner - "Hey, want to top off and go up again? Talk about an excuse
>> to fly!" He said "Na, gotta get going, but let's fill up a few 5 gallon
>> cans for next time just in case it goes back up! :-)"
>>
>> Finally, some good news in aviation. We can actually afford to fly
>> again. Let that be a lesson to all the assholes in this business who are
>> overcharging us -- from the refiners, to the distributors, and ESPECIALLY
>> the FBOs. I mean, I don't expect anyone to work for free, but my
>> philosophy is that a business can either make a reasonable amount of
>> money on volume or nothing at all when I don't fly. The best long-term
>> business strategy seems clear to me.
>>
>> -Doug
>>
>> --
>> --------------------
>> Doug Vetter, ATP/CFI
>>
>> http://www.dvatp.com
>> --------------------
>
>

[Morgans]

"Montblack" > wrote

> My Mogas station is at the departure end of ANE's runway 27.
>
> We're at a Twin Cities low of $2.07 on Sunday morning, BTW :-)

We saw 1.91, mostly 1.97 around here for mogas, about a week ago. The price
is already going back up.

I heard rumors of 3 bucks for mogas by new years. ****.

What is the excuse, this time? Oh I know, sunspots, home heating oil
demands, or one of many nonsensical reasons. I think it is safe to say that
Avgas will follow suite.


Anyone got a spare 500 gallon tank laying around? :-(
--
Jim in NC

[[email protected]]

$2.95? OK you win. Here in CT I think I paid $3.85 for a top-off two
weeks ago at Danbury.

Geez, just two years ago I was paying 1.99 self serve at Groton CT &
Columbia Co. NY.

Oy.

[skym]

Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
pretty humble at $3.50 per gallon in the US!!!!!!

[George Patterson]

skym wrote:

> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
> pretty humble at $3.50 per gallon in the US!!!!!!

Keep in mind that they pay that kind of money for mogas, too.

George Patterson
Coffee is only a way of stealing time that should by rights belong to
your slightly older self.

[Flyingmonk]

George Patterson wrote:
>>skym wrote:
>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
>> pretty humble at $3.50 per gallon in the US!!!!!!

>Keep in mind that they pay that kind of money for mogas, too.

Yes, but they pay less income tax and get a month off every year. I
think that works out well for people that fly/drive less. It is sort
of a 'pay per use' system. I guess it all works out in the end.

[Seth Masia]

They also have national health care. If I didn't have to pay through the
nose for private health insurance, I could afford to fly a lot more, even at
higher fuel prices.

Seth

"Flyingmonk" > wrote in message
oups.com...
> George Patterson wrote:
>>>skym wrote:
>>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
>>> pretty humble at $3.50 per gallon in the US!!!!!!
>
>>Keep in mind that they pay that kind of money for mogas, too.
>
> Yes, but they pay less income tax and get a month off every year. I
> think that works out well for people that fly/drive less. It is sort
> of a 'pay per use' system. I guess it all works out in the end.
>

[Chris]

The health care comes out of all the taxes.

My top income tax rate is 50% plus a sales tax (VAT) 17.5%.

But I do get 6 weeks paid vacation which I use to spend all my hard earned
money in the US. 4days in NYC in Feb, 2 weeks in Wisconsin in July (inc
Oshkosh) and 2 weeks starting Saturday in Florida.

The luxury of paying $3 a gallon.

"Seth Masia" > wrote in message
. ..
> They also have national health care. If I didn't have to pay through the
> nose for private health insurance, I could afford to fly a lot more, even
> at higher fuel prices.
>
> Seth
>
> "Flyingmonk" > wrote in message
> oups.com...
>> George Patterson wrote:
>>>>skym wrote:
>>>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
>>>> pretty humble at $3.50 per gallon in the US!!!!!!
>>
>>>Keep in mind that they pay that kind of money for mogas, too.
>>
>> Yes, but they pay less income tax and get a month off every year. I
>> think that works out well for people that fly/drive less. It is sort
>> of a 'pay per use' system. I guess it all works out in the end.
>>
>
>

[George Patterson]

Flyingmonk wrote:

> Yes, but they pay less income tax and get a month off every year.

The income taxes are higher. So are sales taxes.

George Patterson
Coffee is only a way of stealing time that should by rights belong to
your slightly older self.

[Matt Barrow]

"Flyingmonk" > wrote in message
oups.com...
> George Patterson wrote:
>>>skym wrote:
>>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
>>> pretty humble at $3.50 per gallon in the US!!!!!!
>
>>Keep in mind that they pay that kind of money for mogas, too.
>
> Yes, but they pay less income tax and get a month off every year.


Pardon?

In much of Europe, taxes are 50% for even middle incomes. And then there's
VATs...

[Matt Barrow]

"George Patterson" > wrote in message
news:Jvknf.15256$hB6.11092@trnddc05...
> Flyingmonk wrote:
>
>> Yes, but they pay less income tax and get a month off every year.
>
> The income taxes are higher. So are sales taxes.
>
Quite!!

http://www.taemag.com/issues/articleID.18719/article_detail.asp


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO

[Chris]

"Matt Barrow" > wrote in message
...
>
> "Flyingmonk" > wrote in message
> oups.com...
>> George Patterson wrote:
>>>>skym wrote:
>>>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I feel
>>>> pretty humble at $3.50 per gallon in the US!!!!!!
>>
>>>Keep in mind that they pay that kind of money for mogas, too.
>>
>> Yes, but they pay less income tax and get a month off every year.
>
>
> Pardon?
>
> In much of Europe, taxes are 50% for even middle incomes. And then there's
> VATs...

That's what I said

[[email protected]]

Montblack wrote:
> >> I paid $1.90 last week to fill up the minivan. $2.03 now this week.
> >> Prices spiked back up to $2.12 earlier in the week.
> >>
> >> http://www.twincitiesgasprices.com/
>
> ("John Doe" wrote)
> > What does this have to do with AVGAS?
>
>
> Trends.
>
> Parts of the country might not know that Mogas has dipped below $2.00 in
> another part of the country.
>
> Mogas and Avgas used to be closer in price - two years ago, the trend was
> about 50 cents difference - OSH and MN as references. Recently, it seems
> like that difference has been over $1.00 ....closer to $1.50 or $2.00 - post
> Katrina.

You can thank big oil's zone pricing for this. There are BP stations 3
miles apart
with a 10 cent difference in price. You aviators are considered to be
"rich" and
can stand the price hike, according to ExxChvBPShell.

[Matt Barrow]

"Chris" > wrote in message
...
>
> "Matt Barrow" > wrote in message
> ...
>>
>> "Flyingmonk" > wrote in message
>> oups.com...
>>> George Patterson wrote:
>>>>>skym wrote:
>>>>> Geez...when I see $2.00-$2.30 per liter for our foreign friends, I
>>>>> feel
>>>>> pretty humble at $3.50 per gallon in the US!!!!!!
>>>
>>>>Keep in mind that they pay that kind of money for mogas, too.
>>>
>>> Yes, but they pay less income tax and get a month off every year.
>>
>>
>> Pardon?
>>
>> In much of Europe, taxes are 50% for even middle incomes. And then
>> there's VATs...
>
> That's what I said
Talk louder!!

[Flyingmonk]

Guess I was only half right.