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Gas - Prepare for $3 -$4!

Excalibur
10,306 views
Everybody needs to prepare for gasoline to be in the mid $3 to $4 range by later this summer. :(

If the US militarily strikes Iran over its nuclear ambitions (which is a very likely probability) and / or we have another bad Hurricane season in the Gulf of Mexico - then all bets are off price wise. Oil could realistically go over $100 a barrel and Gas could hit $5 a gallon or higher. :eek:

Replies

49
Excalibur
#27
Here could be some positive news! I have heard that Acetone added to the gasoline in your tank - only if you use Premium Unleaded - will increase gas mileage and also lower your emissions.

This is not supposed to be an "old wives tale", :idontno:but actual fact. Supposedly, you add 1 1/2 oz of Acetone for every 10 gallons of premium unleaded gasoline in your tank. It is said to somewhat work with other grades of gas, but not as well due to the chemical composition of the higher refined grade of premium.

I have now tried this and will let everyone know the results. The proof is in the puddin', as they say.

We shall see.......................:scratch:
kathydwells avatar
Darlene is my middle name, not my nickname
#28
Kathydwells....I hope you didn't interpret my post as a comment on your gas $$$ request. :oops:
I was just posting my own findings of what it will cost us this year, and I've determined it won't make any difference. I wasn't really replying to any specific previous postings.
Have fun when you get to the beach!
And Happy Easter !

NO, I didn't. Really, I am glad you posted that because it does put into perspective, that really in the long run it won't be that much more, and surely not enough to keep me away from the beach!!!!!!

You Funn too.....and Happy Easter to You!!!!!!
Beach Fanatic
#29
Just paid $2.88 a gallon in Destin.
Excalibur
#30
$2.88 a gallon already - Doh! Does anyone else want to try the Acetone in gasoline in addition to me? That way we could really compare results with different vehicles and driving styles.
Mango avatar
SoWal Insider
#31
Gas already is over $3 here in New York for Premium unleaded.
:bicycle: My nephews kett car is looking good~
Smiling JOe avatar
SoWal Expert
#32
Gas already is over $3 here in New York for Premium unleaded.
:bicycle: My nephews kett car is looking good~
$2.99 for premium in SoWal the other day. I am betting that the premium will increase to $3.19 on Memorial Day weekend.
Excalibur
#33
$3.19 by Memorial Day? :(

If things get a little rough with a bad Hurricane Season and gas is already $3.00, then we are looking at $5.00+ a gallon gas if another Katrina type storm hits in the Gulf again.

I am glad I bought a Toyota Prius last year. However at $5.00 a gallon, it will cost $60 per tank to fill it up.

It will cost $100+ per tank to fill up the SUV and Corvette :shock: and those things suck more gas than a..............ahem, I better not go with the analogy I was going to use.:roll:

We need to think positive about this. Maybe we can all carpool with Smiling JOe. :D What do you say, Smiling JOe?
Beach Fanatic
#34
$2.88 a gallon already - Doh! Does anyone else want to try the Acetone in gasoline in addition to me? That way we could really compare results with different vehicles and driving styles.

That was for regular too! I think the sign very close to 3.00 for premium.
Smiling JOe avatar
SoWal Expert
#35
$3.19 by Memorial Day? :(

If things get a little rough with a bad Hurricane Season and gas is already $3.00, then we are looking at $5.00+ a gallon gas if another Katrina type storm hits in the Gulf again.

I am glad I bought a Toyota Prius last year. However at $5.00 a gallon, it will cost $60 per tank to fill it up.

It will cost $100+ per tank to fill up the SUV and Corvette :shock: and those things suck more gas than a..............ahem, I better not go with the analogy I was going to use.:roll:

We need to think positive about this. Maybe we can all carpool with Smiling JOe. :D What do you say, Smiling JOe?

Yes, $3.19 Memorial Day Weekend. - just a crazy random number.

Carpool? Heck when prices get that high, buy yourself a helmet and I will give you a lift on my bike. I don't think my canoe could take you to Snapperheads. :funn:
Beach Fanatic
#36
Uhhh, guys...if the U.S. attacks Iran, conventionally or "nu-cah-ler," we will have a lot more to be worried about than the price of gasoline. :confused:
Smiling JOe avatar
SoWal Expert
#37
Uhhh, guys...if the U.S. attacks Iran, conventionally or "nu-cah-ler," we will have a lot more to be worried about than the price of gasoline. :confused:
I already have much more to worry about than the price of gasoline. Fortunately, unlike many of you, I don't need to fill the tank 4 times in order to get to the beach.
30A Skunkape avatar
Skunky
#38
Here is a cool calculator to estimate how much it will cost to drive to SOWAL from wherever you may be.

http://www.fuelcostcalculator.com/

Glad we have a scooter, Mini and Civic! :rolling:
Beach Lover
#39
It's already at $2.84 a gallon here in Chicago. :eek:

I saw a station in Malibu YESTERDAY for 399.99 a gallon! :bang:
RiverOtter avatar
got any pics?
#40
I paid $2.99 on the lake yesterday. Season hasn't even started yet :bang:
Paula avatar
Beach Fanatic
#41
Here is a cool calculator to estimate how much it will cost to drive to SOWAL from wherever you may be.

http://www.fuelcostcalculator.com/

Glad we have a scooter, Mini and Civic! :rolling:

Skunkape: Now that was fun! It costs us $219.50 for a round trip from Michigan (I used Pensacola as the city since I don't think there was anything closer to SoWal). Thanks.
Smiling JOe avatar
SoWal Expert
#42
Skunkape: Now that was fun! It costs us $219.50 for a round trip from Michigan (I used Pensacola as the city since I don't think there was anything closer to SoWal). Thanks.
Either there numbers are off or you must get great gas mileage. I get about 20 mpg and it cost me between $225 - $235 for a round trip to Asheville from SoWal, which is about a 9 hour drive.
Beach Lover
#43
After doing a little "figurin'"...I was wondering the same thing SJ

edited to add...what are you driving Paula...perhaps that is the key?! OR...perhaps your "miles away from the beach" are not as many? Just curious.
Excalibur
#44
One way to offset costs and possibly profit from the high fuel costs - Buy Oil Futures or options on the Oil futures for later this year, particularly in AUG-SEPT. I have done this now and should make a nice profit. Hey, I can't beat the powers that be on this, so I might as well ride my own wave and attempt to offset the higher costs.

If you can see the hand writing on the wall, why not read it and be prepared?

I am not a dealer or financial broker, but if any of you have any questions on how to do this, just send me a private message and I will share with you what I know and have learned on my own.

Another thing to do would be to buy some long term gas storage cans or other approved storage container and buy gas now. Fill up the approved gas containers and put some fuel stabilizer in it. That way if we have any shortages later this year due to weather, ect or if gas does get to $5 and short supply, you are taken care of with your own supply at a couple of bucks less per gallon. Be proactive and think long term. Just my own $.02 worth.......
aquaticbiology avatar
fishlips
#45
was over $100.00 to fill up the truck coming back last night (only one medium cobia, the rest that were going by in multiple packs of 40 or so had lock jaw or something)

time to park the truck and drive the little ragtop for a while til either gas goes down or bush and iran's boss russia spoil the party for us all
Beach Fanatic
#46
One way to offset costs and possibly profit from the high fuel costs - Buy Oil Futures or options on the Oil futures for later this year, particularly in AUG-SEPT. I have done this now and should make a nice profit...

Have you ever done this before?
Excalibur
#47
For myself yes. I just did it again as well for later this year. :clap_1:
Beach Fanatic
#48
Sounds like you have some experience then. Good. I don't know that I'd recommend this to anyone who is not experienced in futures trading, though. The commodities markets are very adept at separating beginners from their money.

Last year, there was a sizable differential between the contract price of Aug/Sep oil futures in the spring and the final market price when late summer rolled around. No one expected the storm season to have the effect on fuel prices that it had. It was one of the rare occasions when the market got caught flat-footed. This year, you can be sure that that premium was factored into the contract price...along with uncertainty regarding Mid-East tensions and the usual time premiums.

Glad to see you have some background in the area. Kinda worried me for a minute there.
ShallowsNole avatar
Beach Fanatic
#49
Another thing to do would be to buy some long term gas storage cans or other approved storage container and buy gas now. Fill up the approved gas containers and put some fuel stabilizer in it. That way if we have any shortages later this year due to weather, ect or if gas does get to $5 and short supply, you are taken care of with your own supply at a couple of bucks less per gallon. Be proactive and think long term. Just my own $.02 worth.......

It wouldn't hurt for locals to do this anyway, in prep for hurricane season. :( Enough to get out and get back...and a little extra to ride around on until power is restored.
Excalibur
#50
Everything will be okay, it just gets a little challenging at times. However, at the end of the day it will all be okay. We literally live in one of the most beautiful places on earth, and hey, you have to take some challenges with the good.

Despite the challenges here from time to time - It is far better than living in a major Metro city and having power outages, supply shortages, ect.
If that happens here, we can just go to the beach.....:cool:

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