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  1. #1
    Join Date
    Mar 2017
    Location
    Middle TN
    Posts
    210

    Default Gas prices up this summer?

    Looks like their might be a chance that gas prices will be up this summer. This past year was our first season. Gas prices were very manageable for us. We were able to go out as much as we wanted with out sacrificing any out of the water activities. How did the prices a few years ago $4 to $5 range affect your boating seasons?
    '18 mojo

  2. #2
    Join Date
    Apr 2013
    Location
    Knoxville TN
    Posts
    1,656

    Default

    I'm on a trailer and fill up each time heading out, so the on-the-water gas prices do not affect me.

    When I had my 2007 Supra on a trailer, I would purchase the 100% gas (not to worry about ethanol and any vapor lock), so I was already spending more on gas.

    Even if the prices are rising, I have so much $$ in the boat, I'm not going to let the price of gas stop any spring/summer/fall boating time. The boating season is only so long.
    2018 Supra SL400

  3. #3
    Join Date
    Apr 2013
    Location
    Knoxville TN
    Posts
    1,656

    Default

    2020 being an election year, I was hoping the price of fuel would be decreasing. But I know there are other factors in that equation. I do not work in the gas/oil industry and have not done research on it. I'm sure the TX guys have more of gauge on this topic.

    With the Middle East sort of heating up, I guess nobody really knows what can happen.
    2018 Supra SL400

  4. #4
    Join Date
    Jan 2017
    Location
    Katy, TX
    Posts
    1,242

    Default

    Prices were actually projected to stay stable or lower through 2020...

    But the geopolitical clusterfuck with Iraq & Iran is producing too much instability in the region and reducing investor confidence.

    Unless the saber rattling stops and the market calms down, I believe we'll see an increase in prices this year.

    How high they go is hard to predict at this point as there was some form of provocation or retaliation this morning from Iran.



    Sent from my Note9 using Tapatalk
    2017 Moomba Craz Surf Edition
    Flow 2.0 Surf System w/ AutoWake™
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  5. #5
    Join Date
    May 2018
    Posts
    1,895

    Default

    Isn’t US oil largely unaffected by global production?

    My understanding is we stay under 10% import of foreign oil or at least outside of US and Canada.


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    2018 Supra SA 400
    Michigan

  6. #6
    Join Date
    Jan 2017
    Location
    Katy, TX
    Posts
    1,242

    Default

    Quote Originally Posted by larry_arizona View Post
    Isn’t US oil largely unaffected by global production?

    My understanding is we stay under 10% import of foreign oil or at least outside of US and Canada.


    Sent from my iPhone using Tapatalk
    Global production doesn't matter since the US is now the largest oil producer in the world but with OPEC and global markets we are still exposed to volatility.

    Having a glut surplus doesn't change the calculus if the market thinks we're about to engage in a zero sum game in the middle east.

    Sent from my Note9 using Tapatalk
    2017 Moomba Craz Surf Edition
    Flow 2.0 Surf System w/ AutoWake™
    5,600 Lbs Ballast - Enzos + Lead + Sumo
    Wet Sounds REV10s + REVO12-XXX

  7. #7
    Join Date
    May 2018
    Posts
    1,895

    Default

    Quote Originally Posted by RC_Hinojosa View Post
    Global production doesn't matter since the US is now the largest oil producer in the world but with OPEC and global markets we are still exposed to volatility.

    Having a glut surplus doesn't change the calculus if the market thinks we're about to engage in a zero sum game in the middle east.

    Sent from my Note9 using Tapatalk
    That is what I thought. But the US exposure is fairly protected to large swings like when gas would hit $4+ a gallon.

    Adjusted for inflation, gas is uber cheap currently.


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    2018 Supra SA 400
    Michigan

  8. #8
    Join Date
    Jun 2008
    Location
    Henderson, NV
    Posts
    5,726

    Default

    happens every year. gas will go up around memorial day and back down end of september.
    it's already $3/gal here in vegas and I'd be surprised if it doesn't hit $3.75 by mid summer. cali is mid-high 3's and would not be surprised if they are $5 by june.

    back in '09-ish when it was spensive, gas in boise was $4 in town and was $4.75 at the marina. we still went up as much as ever BUT did expect some help with gas.
    fortunately most of the peeps I have ever boated with offer up gas monies. haven't ran across a lot of people that are clueless on what it really costs to run a boat for a day. most of the people we boated with knew if you go along just for the ride it's free. if you get in the water to play, you pay.
    '06 Supra Launch 20SSV-gone but never forgotten

  9. #9
    Join Date
    May 2018
    Posts
    1,895

    Default

    87 is 2.29 local to me.


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    2018 Supra SA 400
    Michigan

  10. #10
    Join Date
    Jan 2019
    Location
    Lake Tahoe - 6200 feet elevation
    Posts
    111

    Default

    Quote Originally Posted by larry_arizona View Post
    87 is 2.29 local to me.


    Sent from my iPhone using Tapatalk
    I live in CA, Im double that all day long.....

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