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

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

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

("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

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

What does this have to do with AVGAS?

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

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!

"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

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.

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.

"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)

"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).