Avgas plummets!

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

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Doug Vetter, ATP/CFI

http://www.dvatp.com
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