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Good news for boaters? Oil prices headed down?
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Tim
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First recorded activity by BoatBanter: Nov 2006
Posts: 19,107
Good news for boaters? Oil prices headed down?
All this discussion makes me appreciate the fuel squeezing 3.0 I ahve
in my ChrisCraft. Spend a good day at the lake for less than $50.00
of gas.
The 23 foot Marquis with it's 350 chevy will be different,
but .........
wrote:
On 16 May 2007 01:27:04 -0700, Chuck Gould
wrote:
http://www.fuelgaugereport.com/WAmetro.asp
Throughout nearly every major market in my home state, retail prices
for refined products were off a fraction of a cent or so on Monday
when compared to the previous day.
By the way, this is an interesting site. You can look up your own
state and track fuel pricing. On the home page of the fuel gauge
report there's a chart tracking the retail and wholesale prices of
refined products, as well as the cost of a bbl of oil at the wellhead.
There are fairly parallel lines in the retail and wholesale prices,
(although the fact that the margin between retail and wholesale is
currently below recent averages tends to dampen any optimism fostered
by a partial cent drop in retail pricing). Looking at the very flat
line on the bottom of the chart, it's easy to visualize that the price
of crude oil has next to zero effect on the price of refined products.
http://research.investopedia.com/new...ad_BC_HZO.aspx
--
Grady-White Gulfstream, out of Oak Island, NC.
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