Fuel Prices - revisited
 

Fuel Prices - revisited
 

HK wrote:
Wayne.B wrote:
On Tue, 15 May 2007 06:26:30 -0400, HK wrote:

No offense, but it's just another rationalization for "big oil"
producers and refiners to put the screws to us now and in the future.

No offense to you either but the author of the report has no axe to
grind other than getting the story right.

I own stock in most of the major oil companies and every single one
of them is having difficulty replacing their reserves. These numbers
are reported and analyzed in great detail, and it is to a company's
advantage to show an increasing level. Reserves, or oil still in the
ground, are a key measure of corporate valuation. No matter how high
current operating results are, if the reserves aren't there the
profits are considered unsustainable and that is quickly reflected in
the stock price.

Another key measure is the cost of discovering a new barrel of oil.
Those numbers are in a steep increase as the easily developed oil is
used up. No company that expects to stay in business will be selling
their oil for less than the cost of discovery and development.

Time to get a sail boat Harry. We'll all help out with showing you
"the ropes".


A. I don't believe the accounting reports of oil producing/refining
companies. There are too many ways for them to cook the books. I also
don't give a tinker's dam about oil company stock prices.

He is speaking from experience. Ullico, anyone? Google it if you're
unfamiliar with Harry's employer.


B. I learned to sail when I was eight or nine years old, and was
adequate in boat club one design racing until I was 19 years old. I
started out on a Sunfish, and raced BlueJays, Stars and Lightnings
almost every summer. In addition, my father owned an L16, which I sailed
on frequently. I also owned sailboats and chartered sailboats as an adult.

I don't mind sailing on the ocean on occasion, but the wind on the Bay
in the summer is sketchy. And sailing is too much around here.



Read that last sentence. That was typed by a guy who says he makes a
living as a writer.

Fuel Prices - revisited
 

William Bruce wrote:
Harry Krause wrote:

A. I don't believe the accounting reports of oil producing/refining
companies. There are too many ways for them to cook the books. I also
don't give a tinker's dam about oil company stock prices.

AS A LABOR UNION FLACK, YOU ARE DEFINITELY QUALIFIED TO RECOGNIZE COOKED
BOOKS.

B. I learned to sail when I was eight or nine years old, and was adequate
in boat club one design racing until I was 19 years old. I started out on
a Sunfish, and raced BlueJays, Stars and Lightnings almost every summer.
In addition, my father owned an L16, which I sailed on frequently. I also
owned sailboats and chartered sailboats as an adult.

AND OF COURSE, YOU ALSO OWN A WONDERFUL LOBSTER BOAT.



Both valid points but better said in upper and lower case...

Fuel Prices - revisited
 

Eisboch wrote:
Getting back to the subject ....

I'll let ya'll in on my master plan. I am not conserving diesel fuel. I am
hoarding it.
Between both boats, I've got close to 1000 gallons of diesel. I am going
to wait a couple of more years, then sell it by the gallon on E-bay and make
a fortune.

Eisboch




On a serious note - does diesel go bad like untreated gas?

Fuel Prices - revisited
 

"Dan" wrote in message
...
Eisboch wrote:
Getting back to the subject ....

I'll let ya'll in on my master plan. I am not conserving diesel fuel. I
am hoarding it.
Between both boats, I've got close to 1000 gallons of diesel. I am
going to wait a couple of more years, then sell it by the gallon on E-bay
and make a fortune.

Eisboch


On a serious note - does diesel go bad like untreated gas?

I've been told no. You *do* have to treat it with a biocide, particularly
in warm climates, to avoid having little "critters" growing in it. I left
my boat unused in Florida for almost two years with full fuel tanks. Before
bringing it back north I had the fuel polished as a precaution (a process
of running the fuel through a set of filters to remove critter growth).
Turns out it was not necessary ... the regular Racor filters would have
handled the small amount of crap in the fuel without becoming clogged.

Otherwise, it does not "go bad".

Eisboch

Fuel Prices - revisited
 

On May 17, 9:41 pm, "RCE" wrote:
"Dan" wrote in message

...

Eisboch wrote:
Getting back to the subject ....

I'll let ya'll in on my master plan. I am not conserving diesel fuel. I
am hoarding it.
Between both boats, I've got close to 1000 gallons of diesel. I am
going to wait a couple of more years, then sell it by the gallon on E-bay
and make a fortune.

Eisboch

On a serious note - does diesel go bad like untreated gas?

I've been told no. You *do* have to treat it with a biocide, particularly
in warm climates, to avoid having little "critters" growing in it. I left
my boat unused in Florida for almost two years with full fuel tanks. Before
bringing it back north I had the fuel polished as a precaution (a process
of running the fuel through a set of filters to remove critter growth).
Turns out it was not necessary ... the regular Racor filters would have
handled the small amount of crap in the fuel without becoming clogged.

Otherwise, it does not "go bad".

Eisboch

I have had a couple of folks who run fuel docks tell me at different
times over the years that there really isn't a need to add biocide to
fuel sold for pleasure boating.

They claim that the fuel dock treats the fuel with biocide when it is
delivered from the refinery, and that this biocide transfers into the
fuel tanks of the boats taking on diesel.

I'm not going to say either way. An ounce of prevention, etc, you
know. However, in both cases the fuel dock operators successfully
persuaded me *not* to buy some biocide from them, so it's less likely
that they were spinning yarns than if they were trying to convince me
to spend more money.

Fuel Prices - revisited
 

"Chuck Gould" wrote in message
oups.com...
On May 17, 9:41 pm, "RCE" wrote:
"Dan" wrote in message

...

Eisboch wrote:
Getting back to the subject ....

I'll let ya'll in on my master plan. I am not conserving diesel fuel.
I
am hoarding it.
Between both boats, I've got close to 1000 gallons of diesel. I am
going to wait a couple of more years, then sell it by the gallon on
E-bay
and make a fortune.

Eisboch

On a serious note - does diesel go bad like untreated gas?

I've been told no. You *do* have to treat it with a biocide,
particularly
in warm climates, to avoid having little "critters" growing in it. I
left
my boat unused in Florida for almost two years with full fuel tanks.
Before
bringing it back north I had the fuel polished as a precaution (a
process
of running the fuel through a set of filters to remove critter growth).
Turns out it was not necessary ... the regular Racor filters would have
handled the small amount of crap in the fuel without becoming clogged.

Otherwise, it does not "go bad".

Eisboch

I have had a couple of folks who run fuel docks tell me at different
times over the years that there really isn't a need to add biocide to
fuel sold for pleasure boating.

They claim that the fuel dock treats the fuel with biocide when it is
delivered from the refinery, and that this biocide transfers into the
fuel tanks of the boats taking on diesel.

I'm not going to say either way. An ounce of prevention, etc, you
know. However, in both cases the fuel dock operators successfully
persuaded me *not* to buy some biocide from them, so it's less likely
that they were spinning yarns than if they were trying to convince me
to spend more money.


I've been told the same thing. For long term storage though, I figured
treating it again wouldn't hurt because it's cheap insurance. The fuel
was fine after the storage in Florida, so I've done the same up here.

Speaking of "up here". I am back on the boat and the weather is more like
Feb-March rather than May. Rainy and COLD!

Eisboch

Fuel Prices - revisited
 

"Eisboch" wrote in message
...
snip...
Speaking of "up here". I am back on the boat and the weather is more
like Feb-March rather than May. Rainy and COLD!

Eisboch


Know what you mean. Almost froze while walking my dog out at York Dedoubt at
the entrance to the harbour.
http://www.pc.gc.ca/lhn-nhs/ns/york/index_e.asp

Fuel Prices - revisited
 

"Don White" wrote in message
...

"Eisboch" wrote in message
...
snip...
Speaking of "up here". I am back on the boat and the weather is more
like Feb-March rather than May. Rainy and COLD!

Eisboch


Know what you mean. Almost froze while walking my dog out at York Dedoubt
at the entrance to the harbour.
http://www.pc.gc.ca/lhn-nhs/ns/york/index_e.asp


Has warmed up here. A nice 70's day. At least the wind has died down. Got
up this morning to take down the old pool solar panels, and cart off to the
dump. Nice to not have to worry about the wind blowing them down the street
as I removed them. New solar panel time.

Fuel Prices - revisited
 

"Calif Bill" wrote in message
ink.net...

"Don White" wrote in message
...

"Eisboch" wrote in message
...
snip...
Speaking of "up here". I am back on the boat and the weather is more
like Feb-March rather than May. Rainy and COLD!

Eisboch


Know what you mean. Almost froze while walking my dog out at York Dedoubt
at the entrance to the harbour.
http://www.pc.gc.ca/lhn-nhs/ns/york/index_e.asp


Has warmed up here. A nice 70's day. At least the wind has died down.

Mid 60's here and sunny. Mid 70's and sunny tomorrow. I should be able to
get the boat in the water tomorrow.