Click for Walker Click for Northern Lights Click for Furuno Click for JetForums Click for Westport

From $2.00 gas to $5.00 gas in 4 years

Discussion in 'General Yachting Discussion' started by Codger, May 18, 2008.

You need to be registered and signed in to view this content.
Thread Status:
Not open for further replies.
  1. brunick

    brunick Senior Member

    Joined:
    Jul 15, 2005
    Messages:
    633
    Location:
    earth
    someone from the car industrie here - should add some nice cars with high pressure air engine :)
  2. aeronautic1

    aeronautic1 Member

    Joined:
    Jan 31, 2004
    Messages:
    201
    Location:
    Ft. Lauderdale
    Great Lakes

    I was just on Lake Michigan and Huron. Paid between $3.56-$4.25 for diesel. Alpena had a truck bunker me for $3.90.

    An owner who I have been running bi-annually between Fort Lauderdale-New Jersey parked the boat for the summer in Lauderdale. The $4000 extra in insurance for hurricane season far out weighs the $12000 in fuel cost to take the boat north. I have been delivering this owner's boat for 10 years.

    I sure hope big sailboats come back into vogue. I'm too old to flip burgers at McDonald's.
  3. brian eiland

    brian eiland Senior Member

    Joined:
    Jul 28, 2004
    Messages:
    2,952
    Location:
    St Augustine, Fl and Thailand
  4. Kevin

    Kevin YF Moderator

    Joined:
    Nov 25, 2004
    Messages:
    3,049
    Location:
    Montreal, Qc, Canada
    I just caught the tail-end of the news this morning, but did I hear correctly when they said oil is now selling at $130 a barrel?
  5. Loren Schweizer

    Loren Schweizer YF Associate Writer

    Joined:
    Apr 20, 2004
    Messages:
    1,352
    Location:
    Coral Gables/Ft. Laud., FL
    Goldman Sachs, Credit Suisse, et al, are predicting $150 in the 2nd half.

    Seems to me, something's going to have to give...
  6. Codger

    Codger YF Wisdom Dept.

    Joined:
    May 29, 2005
    Messages:
    923
    Location:
    Western Canada
    Yes. July contracts yesterday.
  7. Kevin

    Kevin YF Moderator

    Joined:
    Nov 25, 2004
    Messages:
    3,049
    Location:
    Montreal, Qc, Canada
    All the Hummer & Escalade drivers? :rolleyes:
  8. Loren Schweizer

    Loren Schweizer YF Associate Writer

    Joined:
    Apr 20, 2004
    Messages:
    1,352
    Location:
    Coral Gables/Ft. Laud., FL
    Ha!
    No, on a serious note, as the U.S. consumer takes it in the shorts (and not too far behind, Europe as well), where do the Chinese send their exports to?
    Call me crazy, but I wonder if there are similarities here to 1997 and the Asian currency crisis...not the same cause, since China's currency reserves are huge this time, but look what happened to the price of oil amid the economic slowdown in the region at the time.

    I just find it difficult to imagine the strains on many countries' economies continuing/worsening without something going *pop*.
  9. K1W1

    K1W1 Senior Member

    Joined:
    Sep 30, 2005
    Messages:
    7,388
    Location:
    My Office
  10. AMG

    AMG YF Moderator

    Joined:
    Jul 26, 2004
    Messages:
    5,375
    Location:
    Sweden
    In Sweden we will always be on this top list of tax on fuel, diesel is today $ 9.63 and gas a little less. Boat taps a lot more...:mad:
  11. Kevin

    Kevin YF Moderator

    Joined:
    Nov 25, 2004
    Messages:
    3,049
    Location:
    Montreal, Qc, Canada
    Another jump this morning of about $0.14 per liter. :rolleyes: We're up to $1.439/L (US$5.49/gal) for regular 87 octane, and as high as $1.599/L (US$6.10/gal) for diesel.
  12. NYCAP123

    NYCAP123 Senior Member

    Joined:
    Mar 14, 2008
    Messages:
    11,205
    Location:
    Long Island, NY
    They announced this morning that London hit $9.00 gal. They also announced that truckers pulled a slowdown like what happened in New Jersey. Like to see more of that.
    Since the oil companies want all of our money, let's give it to them. Buy nothing that is not absolutely necessary. No cars, boats, vacations, clothes, treats. If commerce comes to a halt the oil companies will have to answer to the rest of the ecconomic community. In the mean time save your money for next winter's heating oil. Let Macys, Harrods, GM, Honda, Disney, Time Warner, etc have a talk with Mobile, Shell, Exxon and BP.
    And let's see more trucks puling off the road. Why should they deliver goods when they can't make money except for the oil companies.
  13. Loren Schweizer

    Loren Schweizer YF Associate Writer

    Joined:
    Apr 20, 2004
    Messages:
    1,352
    Location:
    Coral Gables/Ft. Laud., FL
    I'd like a show of hands indicating that boats are 'not necessary'.

    Boating isn't a matter of life or death...it's much more important than that.
  14. Codger

    Codger YF Wisdom Dept.

    Joined:
    May 29, 2005
    Messages:
    923
    Location:
    Western Canada
    Waddaya mean, boats are not necessary..:(

    Somewhere between 180 and 200 bucks/bbl the shipping costs out of the far east get too high and manufacturing will start to return to North America.
  15. Seafarer

    Seafarer Senior Member

    Joined:
    Sep 3, 2007
    Messages:
    721
    Location:
    Hudson River
    recent local marina prices (about 30 miles inland from New York Harbor):
    Fuel Prices on 05/24/2008
    Diesel $4.999 Gal.
    89 Octane Gasoline $4.479 Gal.
  16. K1W1

    K1W1 Senior Member

    Joined:
    Sep 30, 2005
    Messages:
    7,388
    Location:
    My Office
    Hi,

    Anyone who participates here and thinks or says Boats are not important should find another to place to post.
  17. Ken Bracewell

    Ken Bracewell Senior Member

    Joined:
    Feb 9, 2006
    Messages:
    1,721
    Location:
    Somewhere Sunny
    Fuel prices dropped 5 cents/gallon here today. I'm pulling the trigger and taking on 10,000 gallons at $4.22 :eek:
  18. YachtForums

    YachtForums Administrator

    Joined:
    Dec 22, 2002
    Messages:
    20,353
    Location:
    South Florida
    Let's throttle back a little here. NYCapt didn't mean any harm. Rather, his post is a good idea. We're being held over a barrel by big oil. The best way to express our discontent to the powers-that-be... is to hit 'em where it counts.

    The economy is vulnerable. As an example, look at the economic slow-down immediately following 911, when people were frozen with fear and stopped buying goods. If we all band together, an embargo of sorts, we could bring about change.

    Nobody wants to stop buying the items we desire, but if we postpone purchases, collectively, it could have a resounding effect. The internet, specifically forums, could be the vehicle to start a movement like this.

    Just some thoughts...
  19. Seafarer

    Seafarer Senior Member

    Joined:
    Sep 3, 2007
    Messages:
    721
    Location:
    Hudson River
    I don't think the original poster said boats are unimportant any more than he said clothes are unimportant.

    However, he makes a good point - buying things just because they're there for purchase is not intelligent long-term planning. Maintaining a high level of consumerism encourages "more of the same" from the companies that benefit most (and often unintentionally) from said consumerism.

    If we "buy nothing that is not absolutely necessary... no cars, boats, vacations, clothes, treats" that doesn't mean those things are unimportant. It just means we should be buying only the things we need. If we have 30 pairs of Italian shoes in pristine condition, do we need 31? If we have 5 cars in the collection, do we need 6? If we have last year's BMW, do we need this year's to replace it? If we have 50' of boat, do we need the new 52' just because it's new? Can we go boating more locally, or can our vacations be taken nearby (for example, instead of flying to New Zealand this year, go check out the Maine coast).

    The oil companies don't care as long as we keep buying things. We might not drive as many miles, but goods are still being delivered, plastics are still being produced, oil is still being consumed. When we slow down our consumption of goods, every industry feels the pinch, and it becomes much easier to hold the oil behemoths responsible when all eyes are upon them.
  20. Loren Schweizer

    Loren Schweizer YF Associate Writer

    Joined:
    Apr 20, 2004
    Messages:
    1,352
    Location:
    Coral Gables/Ft. Laud., FL
    My apologies to NYCAP123, Carl, and to any others on this Forum if my comments were in any way inflammatory. In particular, I stand with Seafarer's comment above and his sensibility.

    I currently own a very serviceable automobile but lust after something much sexier and will not be denied.....I suspect that there are yacht owners--in much more rarified air than I breathe--who are thinking, "Dammit, I worked hard to lust after XXXXYacht and I will not be denied." Kudos to them.

    So, send a 'message' to the Evil Ones (full disclosure: I own some XOM) and (possibly) tilt at the windmills or.... "Full speed ahead and da*n the torpedoes." Buy that yacht.

    The markets ALWAYS bear the truth, and the truth that I see from the burgeoning build list of especially large vessels on order would indicate that our best intentions here do not matter a whit, IMHO.
Thread Status:
Not open for further replies.