We are told fuel costs have lowered a little bit and they look like they have at the gas station but not at the marina! Our monthy news letter from Haven Harbor in Rock Hall where prices are usually about average or better lists diesel at 7.06 and gas at 5.32. These are off season prices and almost double the 4.00 diesel price in season last year when prices where labeled "high"! What will they be in season when they are expected to rise? Ten to fifteen? I don't mean for this to be a rant on the cost of boat ownership and I get that some like to brag on how much they spend but affordable or not, I don't know that I would be comfortable putting the cost of a weekly vacation house rental into the tank every weekend. Looks like we may spend a lot of time anchoring within sight of the marina next season.
No economist, just my observation. Gas prices (land) have been dropping, we got as low as 2.97 at one point in last 2 weeks. Then, Last Sunday I got gas for wife at a Highs, 3.17. Today I got gas for me, 3.47, same stations. 6 days up .30. I really dont think anyone has... 1. A clue as what is going on and is adjusting on the fly 2. Knows exactly what is going on and is just raping us. I've been thru it all since the Carter years and Opec but I have never seen this much fluctuation up and own in days apart as this time.
Remember this time of year mid to north Atlantic a marina is not selling a lot of fuel. The price is based on what they paid when the fuel was delivered and wont change until they sell enough to order another load. Then it will adjust (up or down) based on that cost.
Gas prices are not lower…. than they were 2 years ago. They’re lower than 6 months ago which is still higher. This is what they do. They reset your new normal and all of a sudden ie gas prices are lower. WTF.
Will keep Piney in mind. It was 4.00 per gallon with 100 or more gals. They do sell to commercial waterman year round. Just hope its under 5 this season but not looking good.
Prices came down because the potato in the white house emptied our national reserves dangerously low before the midterms. Now that has been used up the price will go back up where it was last summer or higher. And now national reserves will have to be re supplied at the higher prices. It was a temporary dip. The only thing that may reduce the price some is if we go deeper into the recession which is possible. We are back up to $82/ barrel and climbing from the low of $70 just over 1 month ago.
Diesel around the narrows got down around 5 but never in the 4's since the rise started. But it seems they were/are making it as they go still. Such disparity in price, it makes no sense.