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Re: RV Fuel Issues & Prices - Post 'Em Here!
Well here’s a different angle. We’ve all heard that the major airlines are grounding planes these last couple of weeks because of the cost of fuel, United 70 planes, Continental 350, Qantas, British Airlines are all doing the same. So with that these plane won’t be burning fuel, a lot of fuel. Jet B is very close to diesel fuel, any diesel can run Jet B, so the way I look at it is if the refineries have a shrinking market for Jet B, then they will have to refine it as diesel, so we should see the price of diesel come down (supply & demand), right. Anyone want to bet that diesel will come down in price. … I’m betting it will have little difference even thou there are several million gallons of Jet B (diesel) per day not being used. If the price doesn’t drop we’ll know who’s running the hen-house. Ron260Views0likes0CommentsRe: RV Fuel Issues & Prices - Post 'Em Here!
I'm not big on the conspiracy theory. But the reason this didn't happen until now is that certain forces had to come into play and it’s the perfect storm. 1) 24hr cable news and business cable cannels. We never been inundated with so much information in our lives and most of it bad news. 2) Bad US energy policies e.g.: no new refineries, or nuclear plants, no new drill for oil. The US is 1/6 th the population of the world but consumes 25% of all oil. 3) China, India and other 3rd world countries, middle class & power requirements have reached a critical mass that eat up excess supply. They are also subsidizing the price of fuel at the pump, around $1.5 gal. … India’s launching a $2500 car next year .. I wonder how much more strain on supply this will have @ $1.5 gal 4) Enron showed big business how it could manipulate market prices in a perceived strained market. I seem too remember refinery runs well over 90%, now they have a hard time getting over 85% 5) The Goldie Locks economy …an economy that didn’t want to quit … a lot of new money pouring into the stock market looking for high profits and found them in commodities … and a lot of speculators to drive the price up. There also have never been so many small investors, like you and me, in the market. 6) The war, Katrina, Hugo Chavez and any other fear the news media can broadcast 24/7 that effects the markets. Now a field mouse runs across a pipeline and the price of oil goes up. The list could go on and on. Ron310Views0likes0Comments- 370Views0likes0Comments
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Bucketlist destinations you just can't miss. Which spots stick with you?Jan 18, 202513,487 Posts
