Gas Prices Coming Down

Yeah!

We are still over $3 a gallon in Phoenix and I bet it doesn't come down
soon.


"Jay Honeck" wrote in message
news:kX0Ue.318205$_o.226510@attbi_s71...
As expected, gas prices are dropping like a stone around here. As of
this afternoon they are down to $2.89 per gallon, after peaking at $3.28 a
gallon just after Katrina. (This for the cheapest grade, of course.)

That's "only" 60 cents per gallon more than pre-Katrina prices, so I guess
there is hope that these ridiculous prices will soon be a bad memory...?
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

We are still over $3 a gallon in Phoenix and I bet it doesn't come down
soon.

Well, they dropped another penny just since I wrote the original post
earlier this evening.

When it gets to $2.85/gallon, I'm gonna fill "The Mighty Grape" -- our
home-made fuel truck -- again. (I haven't filled it since Katrina.)

I used the last of our $2.28/gallon gas today.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote in message
newsY6Ue.318654$_o.19913@attbi_s71...

When it gets to $2.85/gallon, I'm gonna fill "The Mighty Grape" --

Hey, I need one of those. I wonder how far I would get past the gate onto
our field... :-)

The sinister thing about fuel prices is that it may not be affecting current
flyers much, but it might be driving out newcomers in droves. Last
September, I needed at least a week notice to book a 172 and two or more if
I wanted my Instructor, also. I would book my reservations forward about a
month ahead. Today, I can phone up in the morning and have a plane for
solo that day. Most week days, I can walk in *off the street*, and get a
plane right away. If I need a plane and an instructor, I rarely have to
wait more than a couple of days. Prices for a 172 have gone up $20CAD to
the equivalent of about $105-110 USD.


Now, I am not privy to the financial books of my operator, so maybe things
are quite rosy.

But from the outside looking in and given the discussions this group has had
about the utility of recreational GA flying.... potential flyers might be
either conserving their recreational dollars or putting them elsewhere. If
it gets back to the point of month-in-advance reservations, it may be
because there will be 7 planes instead of 22, and 9 instructors instead of
27.

Tom wrote:
We are still over $3 a gallon in Phoenix and I bet it doesn't come down
soon.



Four and a half at Deer Valley today.

-R

Jay Honeck wrote:
As expected, gas prices are dropping like a stone around here. As of this
afternoon they are down to $2.89 per gallon, after peaking at $3.28 a gallon
just after Katrina. (This for the cheapest grade, of course.)

That's "only" 60 cents per gallon more than pre-Katrina prices, so I guess
there is hope that these ridiculous prices will soon be a bad memory...?

Dropped between 5 to 10 cents around here lately (central TX) for no
apparent reason. Perhaps some of the refineries are finally getting back
on line, but I suspect a small drop in demand is helping with that......

Trust me, though, the oil companies are sweating bullets right now. And
they ain't out of the woods yet.....

They'll do their damndest to get it back down to pre-Katrina prices at
least. Depending on the damage already done, prices may tumble quite a
bit.....

LS
N646F