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#1
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Avgas Coming Down?
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to
$2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP |
#2
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Avgas Coming Down?
Jon Kraus wrote:
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? While I'm sure everybody's Avgas fuel quotes are going down (ours are) you still have the fuel in the tank that you paid big $$$ for that has to go. There are not that many airports (if any) that go through 10K gallons of 100LL as quick as a typical gas station. We usually go through a tanker load per month. Some of the higher priced places may end up sitting on that high $$$ stuff for months because piston guys are avoiding them like the plague. |
#3
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Avgas Coming Down?
Jon Kraus wrote:
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP Our is at $3.61/gal and the FBO said it might go down by $0.20/gal when the next load arrives this week. Also on the news this morning the local radio station was reporting that autogas could be going down to $2.00/gal after the holidays. -- Regards, Ross C-172F 180HP KSWI |
#4
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Avgas Coming Down?
ktbr wrote: Jon Kraus wrote: Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? While I'm sure everybody's Avgas fuel quotes are going down (ours are) you still have the fuel in the tank that you paid big $$$ for that has to go. There are not that many airports (if any) that go through 10K gallons of 100LL as quick as a typical gas station. I heard on the radio this AM industry analysts are predicting gas prices to be "closer to $2 than $3 by Thanksgiving". That might be good news for LL consumers, but I'm too cynical to think the boutique fuel market will respond as quickly, if at all, to a drop in mogas prices. I am curious about what's behind this predicted drop though - reduced demand after the summer is one thing, but this seems more like a market adjustment IMO. Kingfish Turbine analyst *NOT* a fuel analyst |
#5
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Avgas Coming Down?
Locally ( in central Wisconsin), there is a historic and fairly accurate
correlation between the mogas pump price and the 100LL wholesale price when prices are stable. Even though the taxes and the markups are different, it's been easy to figure out what the 100LL price "should" be. Example: If mogas at the pumps is 2.98, the wholesale 100LL tanker load price will be around 2.98. Most FBO's prices will be close to $3.98. Our's is currently $3.90. This is just something that I've noticed locally and have been able to determine by talking with the wholesale dealers. If I see a local FBO charging more than $1 over the mogas pump price, he simply doesn't get my business. Jim "Jon Kraus" wrote in message . .. Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP |
#6
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Avgas Coming Down?
My November contract quote for gasoline is $2.616 if I wanted to book it
now. This is the lowest month from now until May 2007... IF I wanted to book it now. I haven't contracted any fuel and I've been able to buy it about 10 cents cheaper than the forward contract price... so far. Jim "Kingfish" wrote in message ups.com... ktbr wrote: Jon Kraus wrote: Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? While I'm sure everybody's Avgas fuel quotes are going down (ours are) you still have the fuel in the tank that you paid big $$$ for that has to go. There are not that many airports (if any) that go through 10K gallons of 100LL as quick as a typical gas station. I heard on the radio this AM industry analysts are predicting gas prices to be "closer to $2 than $3 by Thanksgiving". That might be good news for LL consumers, but I'm too cynical to think the boutique fuel market will respond as quickly, if at all, to a drop in mogas prices. I am curious about what's behind this predicted drop though - reduced demand after the summer is one thing, but this seems more like a market adjustment IMO. Kingfish Turbine analyst *NOT* a fuel analyst |
#7
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Avgas Coming Down?
ktbr wrote:
While I'm sure everybody's Avgas fuel quotes are going down (ours are) you still have the fuel in the tank that you paid big $$$ for that has to go. it's funny how fast these tanks get emptied and promptly replaced with new priced fuel when the prices are going *up*... --Sylvain |
#8
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Avgas Coming Down?
it's funny how fast these tanks get emptied and promptly replaced with
new priced fuel when the prices are going *up*... Conspiracy is attractive, but so are low fuel prices. Maybe that causes the demand? Jose -- The monkey turns the crank and thinks he's making the music. for Email, make the obvious change in the address. |
#9
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Avgas Coming Down?
Jon Kraus wrote:
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. That is just plain wrong. I heard a news report that for the second week in a row gas prices dropped eight cents. Here in CO I just saw the first drop in many weeks...2 cents. Still $2.93 for the cheapest unleaded. 100LL around $4.10 Ron Lee |
#10
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Avgas Coming Down?
Ron Lee wrote:
Jon Kraus wrote: Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. That is just plain wrong. Really? I have a feeling Jon knows better what's happening in Indy than you. When I want to know what's happening in CO, I'll ask you. I heard a news report that for the second week in a row gas prices dropped eight cents. Here in CO I just saw the first drop in many weeks...2 cents. Still $2.93 for the cheapest unleaded. |
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