6 ms·

Too bad I'm not driving at all now and don't have any place to store large amounts of gasoline.

by foobarian 7y ago

Wowfunhappy 7y ago
Of course, the reason you're not driving right now is also the reason prices are so low. You can't beat the system...
- philshem 7y ago
  Reminds me of the old witticism “You aren’t stuck in traffic. You are traffic.”
- mrweasel 7y ago
  Not the only reason. Until last week Russia and Saudi Arabia was in a price war, which was/is a large part of the reason for the low gas prices, at least in the EU.
  - Wowfunhappy 7y ago
    My understanding was that the price war was still, indirectly, caused by the Coronavirus. The price was dropping a little early on when the virus was mostly confined to China, and the OPEC countries couldn't agree on who should cut production... so they broke up and made everything worse. https://www.npr.org/2020/03/11/814529252/episode-978-coronavirus-oil-and-kansas https://www.npr.org/2020/03/11/814529252/episode-978-coronav...
dkdk8283 7y ago
I live in area with lots of natural disasters and store fuel on site. It’s already full, but thinking about buying another tank to take advantage of the prices
- brianwawok 7y ago
  How fast do you go through it, and would you add stabilizers so it spoilers slower?
  - dkdk8283 7y ago
    I have 11 days of on site storage - approx 300 gallons. It’s diesel, I add stabil and polish it annually. Injectors for my 4 cylinder generator are $350/ea. Can’t fuck around
gwbas1c 7y ago
I bought some 6 gallon jugs about 18 months ago, but you'll spend more on the jug than what you'll save. (I use them to store ethanol-free gas for my power tools. I buy the gas at an airport about 25 minutes away from my house, and at $6 a gallon, it's "worth it" to make a trip about once a season.)
- BenjiWiebe 7y ago
  Wow, $6 a gallon for ethanol free? Here ethanol free is around 30c more than regular E10.
  - deleted 7y ago
    [deleted]
  - mveety 7y ago
    No I'd bet he's getting avgas. That's avgas price territory.
  - bluGill 7y ago
    Probably 100 octane "low lead". Which has a lot of lead in it. Some people swear by it.
    - gwbas1c 7y ago
      No. "Low lead" gas destroys power tools. The airport that I go to sells both unleaded and "low lead." It's very easy to choose the "unleaded" pump. It's lower octane than 100, but I don't remember the exact value.
nafest 7y ago
You could buy oil certificates, if you think prices will raise again.
- foobarian 7y ago
  That reminds me of this incident where someone got a lesson in how the trading "rubber" meets the road: https://thedailywtf.com/articles/Special-Delivery https://thedailywtf.com/articles/Special-Delivery
  - sah2ed 7y ago
    That was a funny read! It’s been a while since I saw links to TDWTF. Didn’t know they were still kicking.
- driverdan 7y ago
  What's an oil certificate? Do you mean futures?

Too bad I'm not driving at all now and don't have any place to store large amounts of gasoline.

Wowfunhappy 7y ago

Of course, the reason you're not driving right now is also the reason prices are so low. You can't beat the system...

philshem 7y ago
Reminds me of the old witticism “You aren’t stuck in traffic. You are traffic.”
mrweasel 7y ago
Not the only reason. Until last week Russia and Saudi Arabia was in a price war, which was/is a large part of the reason for the low gas prices, at least in the EU.
- Wowfunhappy 7y ago
  My understanding was that the price war was still, indirectly, caused by the Coronavirus. The price was dropping a little early on when the virus was mostly confined to China, and the OPEC countries couldn't agree on who should cut production... so they broke up and made everything worse. https://www.npr.org/2020/03/11/814529252/episode-978-coronavirus-oil-and-kansas https://www.npr.org/2020/03/11/814529252/episode-978-coronav...

dkdk8283 7y ago

I live in area with lots of natural disasters and store fuel on site. It’s already full, but thinking about buying another tank to take advantage of the prices

brianwawok 7y ago
How fast do you go through it, and would you add stabilizers so it spoilers slower?
- dkdk8283 7y ago
  I have 11 days of on site storage - approx 300 gallons. It’s diesel, I add stabil and polish it annually. Injectors for my 4 cylinder generator are $350/ea. Can’t fuck around

gwbas1c 7y ago

I bought some 6 gallon jugs about 18 months ago, but you'll spend more on the jug than what you'll save. (I use them to store ethanol-free gas for my power tools. I buy the gas at an airport about 25 minutes away from my house, and at $6 a gallon, it's "worth it" to make a trip about once a season.)

BenjiWiebe 7y ago
Wow, $6 a gallon for ethanol free? Here ethanol free is around 30c more than regular E10.
- deleted 7y ago
  [deleted]
- mveety 7y ago
  No I'd bet he's getting avgas. That's avgas price territory.
- bluGill 7y ago
  Probably 100 octane "low lead". Which has a lot of lead in it. Some people swear by it.
  - gwbas1c 7y ago
    No. "Low lead" gas destroys power tools. The airport that I go to sells both unleaded and "low lead." It's very easy to choose the "unleaded" pump. It's lower octane than 100, but I don't remember the exact value.

nafest 7y ago

You could buy oil certificates, if you think prices will raise again.

foobarian 7y ago
That reminds me of this incident where someone got a lesson in how the trading "rubber" meets the road: https://thedailywtf.com/articles/Special-Delivery https://thedailywtf.com/articles/Special-Delivery
- sah2ed 7y ago
  That was a funny read! It’s been a while since I saw links to TDWTF. Didn’t know they were still kicking.
driverdan 7y ago
What's an oil certificate? Do you mean futures?