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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 -------------------- |
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