Fuel Prices Likely to Drop Again
 

The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Fuel Prices Likely to Drop Again
 

I've been watching it too. $2.25 gas is still better than the $4.30 it was a few months ago

Fuel Prices Likely to Drop Again
 

Tim wrote:
I've been watching it too. $2.25 gas is still better than the $4.30 it was a few months ago

Context?
--
Sent from my iPhone 6+

Fuel Prices Likely to Drop Again
 

Keyser Söze wrote:
Tim wrote:
I've been watching it too. $2.25 gas is still better than the $4.30 it was a few months ago
Context?


Go play net cop with your boy Donnie.

Fuel Prices Likely to Drop Again
 

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

Fuel Prices Likely to Drop Again
 

On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

===

Diesel should get a double boost - first as crude inventories continue
to pile up, and second as winter heating oil demand starts to drop
off.

Fuel Prices Likely to Drop Again
 

On Wednesday, March 4, 2015 at 5:55:01 PM UTC-5, Wayne. B wrote:

It's been steadily rising again here in Ontario. ****ing crook cocksuckers.

Fuel Prices Likely to Drop Again
 

On 3/5/2015 12:05 AM, Wayne.B wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

===

Diesel should get a double boost - first as crude inventories continue
to pile up, and second as winter heating oil demand starts to drop
off.


Do you buy from "marine" fuel stations?
In Scituate MA, the guys on the dock who did a lot of fishing used to
arrange for a fuel truck to show up at about 4am before the marina
operator (who also sold fuel) arrived. They were getting diesel for
about a buck less per gallon than the marina price.

I could never figure out why diesel went up in price to cost more than
gasoline. It used to be significantly less. It is less refined than
gasoline so it would stand to reason that it's less expensive to
process. I remember buying it for as little as 99 cents/gal in the
South Carolina/Georgia areas .. and that was at marine fuel stops.

Fuel Prices Likely to Drop Again
 

On 3/5/2015 12:51 AM, wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

we are seeing $2.29-$2.49 right around here. It can swing 20-30 cents
within a few miles so you have to look around.
There are a few places that are really gouging tho.



I give up. What does "$5 a toll" mean?

Fuel Prices Likely to Drop Again
 

"Mr. Luddite" wrote:
On 3/5/2015 12:05 AM, Wayne.B wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

===

Diesel should get a double boost - first as crude inventories continue
to pile up, and second as winter heating oil demand starts to drop
off.


Do you buy from "marine" fuel stations?
In Scituate MA, the guys on the dock who did a lot of fishing used to
arrange for a fuel truck to show up at about 4am before the marina
operator (who also sold fuel) arrived. They were getting diesel for
about a buck less per gallon than the marina price.

I could never figure out why diesel went up in price to cost more than
gasoline. It used to be significantly less. It is less refined than
gasoline so it would stand to reason that it's less expensive to process.
I remember buying it for as little as 99 cents/gal in the South
Carolina/Georgia areas .. and that was at marine fuel stops.

Refinery processes changed. Used to be distillation. Now catalytic
cracking. In distillation the diesel was a bigger percentage product of
the barrel of oil. Less gas, more diesel. Now they get more gasoline than
diesel from a barrel.

Fuel Prices Likely to Drop Again
 

"Mr. Luddite" wrote:
On 3/5/2015 12:51 AM, wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

we are seeing $2.29-$2.49 right around here. It can swing 20-30 cents
within a few miles so you have to look around.
There are a few places that are really gouging tho.



I give up. What does "$5 a toll" mean?

Means autocorrect gal.

Fuel Prices Likely to Drop Again
 

On 3/5/2015 4:11 AM, Califbill wrote:
"Mr. Luddite" wrote:
On 3/5/2015 12:05 AM, Wayne.B wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

===

Diesel should get a double boost - first as crude inventories continue
to pile up, and second as winter heating oil demand starts to drop
off.


Do you buy from "marine" fuel stations?
In Scituate MA, the guys on the dock who did a lot of fishing used to
arrange for a fuel truck to show up at about 4am before the marina
operator (who also sold fuel) arrived. They were getting diesel for
about a buck less per gallon than the marina price.

I could never figure out why diesel went up in price to cost more than
gasoline. It used to be significantly less. It is less refined than
gasoline so it would stand to reason that it's less expensive to process.
I remember buying it for as little as 99 cents/gal in the South
Carolina/Georgia areas .. and that was at marine fuel stops.

Refinery processes changed. Used to be distillation. Now catalytic
cracking. In distillation the diesel was a bigger percentage product of
the barrel of oil. Less gas, more diesel. Now they get more gasoline than
diesel from a barrel.



Interesting. Never knew that. Thanks.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 03:49:59 -0500, "Mr. Luddite"
wrote:

On 3/5/2015 12:05 AM, Wayne.B wrote:
On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

===

Diesel should get a double boost - first as crude inventories continue
to pile up, and second as winter heating oil demand starts to drop
off.


Do you buy from "marine" fuel stations?
In Scituate MA, the guys on the dock who did a lot of fishing used to
arrange for a fuel truck to show up at about 4am before the marina
operator (who also sold fuel) arrived. They were getting diesel for
about a buck less per gallon than the marina price.

I could never figure out why diesel went up in price to cost more than
gasoline. It used to be significantly less. It is less refined than
gasoline so it would stand to reason that it's less expensive to
process. I remember buying it for as little as 99 cents/gal in the
South Carolina/Georgia areas .. and that was at marine fuel stops.


===

Locally we have two choices for reasonably priced diesel. The first
is at a commercial fishing dock in Ft Myers Beach which sells mostly
to the local shrimp boat fleet. Unfortunately they are a little out
of the way for us and have limited hours during the week. On weekends
they are not open at all. Second choice is a delivery service that
comes to the house with a truck. They are usually within a few cents
of the shrimp dock and are flexible about scheduling deliveries.
Virtually all fuel in this area is first delivered by truck from Tampa
which is about 100 miles to the north. That adds around 5 to 10 cents
a gallon.

The mid-Atlantic states still have the best prices on the east coast.
I think it's mostly because of lower state taxes. Right now we are
still running on fuel we bought in North Carolina back in late
September.

Refinery costs for diesel have gone up, at least in part because of
environmental requirements for low sulphur content. Without road
taxes the price of diesel should be only slightly higher than #2 home
heating oil since they are almost identical. The government stats
show big regional differences for reasons that are not clear to me:

http://www.eia.gov/dnav/pet/PET_PRI_WFR_A_EPD2F_PRS_DPGAL_W.htm

Fuel Prices Likely to Drop Again
 

On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 00:51:15 -0500, wrote:

On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

$5 a toll on diesel Kona. $2.99 regular Costco.

we are seeing $2.29-$2.49 right around here. It can swing 20-30 cents
within a few miles so you have to look around.
There are a few places that are really gouging tho.

We have a Liberty getting $2.89, and not a half mile down Franconia is a BP wanting
$3.59. I've no idea how the BP sells any.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

Fuel Prices Likely to Drop Again
 

On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

Fuel Prices Likely to Drop Again
 

On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North wrote:

On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

So why are you crying?
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

Fuel Prices Likely to Drop Again
 

On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North
wrote:

Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

===

Gas and diesel in Europe were both over $2/liter the last time I was
there.

Fuel Prices Likely to Drop Again
 

On Thursday, March 5, 2015 at 5:22:13 AM UTC-8, Wayne. B wrote:
On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North
wrote:

Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

===

Gas and diesel in Europe were both over $2/liter the last time I was
there.

And have been for years. As you know Wayne, the highly socialist governments of Europe love their high taxes. Their fuel has a high tax. In many places bicycle sales are at an all time high, and causing traffic congestion.

Fuel Prices Likely to Drop Again
 

On Thu, 5 Mar 2015 05:47:17 -0800 (PST), Tim
wrote:

Gas and diesel in Europe were both over $2/liter the last time I was
there.

And have been for years. As you know Wayne, the highly socialist governments of Europe love their high taxes. Their fuel has a high tax. In many places bicycle sales are at an all time high, and causing traffic congestion.

===

That's all true of course. In fairness however the western European
countries have almost no petro resources of their own except for
Norway which has some offshore production. Virtually all of it has to
be imported which is a huge balance of payments issue for their
economies. They have used high taxes as a means to limit fuel use as
well as to raise revenue. Bicycles are actually pretty good
transportation in densely populated cities, at least in good weather.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 08:22:08 -0500, Wayne.B wrote:

On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North
wrote:

Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

===

Gas and diesel in Europe were both over $2/liter the last time I was
there.

Right now, in Rotterdam, diesel is $1.53/L times 3.8L/gallon gives a measely $5.81
for a gallon of diesel. It's no wonder so many folks ride bikes over there.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 09:36:05 -0500, John H.
wrote:

Right now, in Rotterdam, diesel is $1.53/L times 3.8L/gallon gives a measely $5.81
for a gallon of diesel. It's no wonder so many folks ride bikes over there.
--

===

That's a reasonable price by European standards.

Fuel Prices Likely to Drop Again
 

On Thursday, 5 March 2015 12:23:14 UTC-4, wrote:
On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North
wrote:

On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

I bet the taxes make up the difference. The last time I looked you
were paying as much or more taxes on a liter as we pay on a gallon.
There is a federal tax a province sales tax, a GST/HST, a transit tax,
maybe a province fuel tax and a carbon tax, depending on where you
live.

... but you get free medical care ;-)

Yes, taxes do make up a large part of the difference, and it seems to be in the government's interests to have high gas prices since their taxes are a percentage of the refiners costs..and then we tax the taxes with the 15% HST added. But on the other hand...that "free" medical care is a very good price. (as they say in Noo Yark)
Just had my last visit with my specialist re the PMR I'm recovering from.
I believe this was the 4th visit and she billed me $0.00. That included blood tests before each visit. Yessir...a very good price!

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 11:14:45 -0500, wrote:

On Thu, 05 Mar 2015 07:18:43 -0500, Wayne.B
wrote:

Virtually all fuel in this area is first delivered by truck from Tampa
which is about 100 miles to the north. That adds around 5 to 10 cents
a gallon.

The funny thing about that is gas is actually 15-20 cents cheaper in
Tampa than it is in South Ft Myers and Tampa is more like 140 miles
north. Then when you go another 15 miles down to Bonita it jumps
another 20 cents. Those last 20 miles must really be tough on the
teamsters. ;-)

===

My youngest son, the ivey league MBA, and I once did a thought
exercise on the economics of setting up a fuel terminal business in
SWFL and barging it in from Tampa. It was clear that the start up
costs would be quite high and the permitting hurdles added both
expense and a fair degree of risk. It would be easier for an
established business like Ballards in FMB but they seem happy just
selling diesel to shrimpers. If I was younger and more
entrepreneurial I might try to buy them out or make a business
proposal.

Fuel Prices Likely to Drop Again
 

True North wrote:
On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will
most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary
New York price. Saw in the news a week or so ago that now it's a more
expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the
most expensive crude in the world to base their calculations on.

You pay for that "free" medical care.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 13:52:38 -0500, wrote:

On Thu, 05 Mar 2015 12:17:48 -0500, Wayne.B
wrote:

On Thu, 05 Mar 2015 11:14:45 -0500, wrote:

On Thu, 05 Mar 2015 07:18:43 -0500, Wayne.B
wrote:

Virtually all fuel in this area is first delivered by truck from Tampa
which is about 100 miles to the north. That adds around 5 to 10 cents
a gallon.

The funny thing about that is gas is actually 15-20 cents cheaper in
Tampa than it is in South Ft Myers and Tampa is more like 140 miles
north. Then when you go another 15 miles down to Bonita it jumps
another 20 cents. Those last 20 miles must really be tough on the
teamsters. ;-)

===

My youngest son, the ivey league MBA, and I once did a thought
exercise on the economics of setting up a fuel terminal business in
SWFL and barging it in from Tampa. It was clear that the start up
costs would be quite high and the permitting hurdles added both
expense and a fair degree of risk. It would be easier for an
established business like Ballards in FMB but they seem happy just
selling diesel to shrimpers. If I was younger and more
entrepreneurial I might try to buy them out or make a business
proposal.

You are right about the permitting issues.
Do they move refined product by rail? That might also be an option. We
already have a small bulk plant down on Fowler, right next to the
tracks. They also have a lot of space near the terminus at the end of
the line in south Bonita.
.

===

There's no problem moving refined product by rail. It's done all the
time but I'm sure barging it is significantly cheaper. You can also
use the barges as a storage facility and avoid the permitting for a
tank farm. It's not easy to do that by rail even if you have a large
freight yard. Getting a lot of truck traffic in and out of FMB could
be a big issue however. Using barges you could lighter the fuel right
off the tankers in Tampa and avoid some middlemen.

I've seen the terminal on Fowler. It looks relatively small and
lightly used but I don't know why.

Fuel Prices Likely to Drop Again
 

On Thu, 05 Mar 2015 13:45:12 -0600, Califbill
wrote:

True North wrote:
On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will
most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary
New York price. Saw in the news a week or so ago that now it's a more
expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the
most expensive crude in the world to base their calculations on.

You pay for that "free" medical care.

===

Quality and timliness are big issues also. Non emergency care is
rationed and you can wait a long time even with injuries. Many
wealthy Canadians come to the US for serious medical care.

The price can keep dropping. I like putting the squeeze on Putin. Every drop in the price kicks Putin in the ass. The Saudis can up production to make up for the perceived losses.

Fuel Prices Likely to Drop Again
 

On Wednesday, March 4, 2015 at 5:55:01 PM UTC-5, Wayne. B wrote:

Crude is UNDER $50 a barrel, but the prices are going up. Perhaps a bombed out Gas Station would make a point.