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Old 02-26-2011, 03:08 PM   #21
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RE: Do you worry about fuel prices?

When we had the last real price hike I just spent more time at anchor.
I set a monthly budget for fuel costs when we are cruising and cruise to that.
Price just makes the steaming time vary.

This is ok if you dont have a set time/destination to make.

Benn
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Old 02-26-2011, 03:29 PM   #22
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RE: Do you worry about fuel prices?

I don't worry about it for my boat because at 8.5 kts I burn 3GPH. WIth 1200 gallon capacity, I still have 600 gallons onboard that came with the boat...I've yet to spend money on new fuel for the boat, just treat, polish, and run.

I am very concerned for our marina fuel dock and service/brokerage company business. If boats don't run, they don't buy fuel, don't break, don't need oil changes and service work, owners don't use them so therefor don not think about upgrading, refitting, adding stuff, etc. People might be scared to buy them so no new people getting into boating....etc. I guess if we have made it through and grown the last couple years, as long as it does not completley blast off, we will be fine, but it is a little discouraging to think about $5/gal or higher fuel this summer just as we where starting to see improvement in many other areas of our business..
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Old 02-26-2011, 03:50 PM   #23
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RE: Do you worry about fuel prices?

Quote:
JMYSS wrote:*


I am very concerned for our marina fuel dock and service/brokerage company business.
********* Tim, Unfortunately a lot of businesses*might *feel the pinch with 5. fuel.

*************** There are a lot of folks still reeling from housing bubble issues.

*************** Just when they think they may have more spendable cash, something pops up and it evaporates.


******** On a brighter note I love your boat, 42' single aluminum- How nice is that.

******** What make is she?

*JohnP
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Old 02-26-2011, 03:53 PM   #24
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RE: Do you worry about fuel prices?

We cruise full time with no land based property and we don't*have* a car*other than our kayak and dinghy.* In the last Last year we bought over 1500 gallons of diesel for propulsion and energy with the average price at around $3.00/gallon.** If diesel went to $5.00/gallon that would add $250/month in expenses.**We wouldn't*like to pay $5.00/gallon*but I'm not sure it would change our lives much.*

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Old 02-26-2011, 06:25 PM   #25
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RE: Do you worry about fuel prices?

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Yes I do!!!!!** Not for the boat, but for the economy in general.

Fuel costs are passed to the consumer in everything we buy.

It is not the price that bothers me as much as how quickly it can change.

The fact we refuse to develop our own (United States) energy independence, leaves us at the whim of every middle east crisis.

As soon as the US starts to look into doing something about it OPEC lowers the price and the whole cycle starts again.

100/barrel= do able

150/barrel= recession

200/barrel=* ???????


Do we really want someone else in the World setting the price?


JohnP
I am with you John P!!

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Old 02-26-2011, 06:26 PM   #26
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RE: Do you worry about fuel prices?

John,

Thanks! Build is "Islander Custom Yachts" was built in Sarasota FL, company long since out of business. I have only found one other one on yachtworld. Rumor has it they built these hulls as patrol boats for Canadian coast guard then built a few as a "trawler yacht" ..right now it has a single Perkins 6.354 natural , ...1350 Gallons fuel in 3 tanks with 1200 usable, 300 gallons water, gutted it*and redid every inch of wiring,plumbing, panels, rebuilt the engine, added a oversized bow thruster, new canvas, etc now getting to the expensive stuff like electronics. bought the boat 2.5 years ago with 1000 gallons fuel onboard and due to all the work being done and hill time have only been able to burn off about 400 or so...

Here's to hoping the fuel prices don't take too much out of people pockets....
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Old 02-26-2011, 07:22 PM   #27
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RE: Do you worry about fuel prices?

Worry is not the term that comes to mind.* Concerned for the economy?* Yes.* It just makes me shop a little harder for the best price for a fill up.* We hold 450 gal. so we have enough range to pick our stops.* It probably will not slow down our cruising or our boat.* At 27 knots we get 1 statute mpg.* We will burn about 1500 gal going to the Chesapeake.* The trip will probably cost us an extra $1,500 to 2,000.* We will still do it.* I bought the boat to move around and see different areas.* That has not changed.* 1,000 hp burns a little fuel.
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Old 02-27-2011, 05:39 AM   #28
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RE: Do you worry about fuel prices?

Do we really want someone else in the World setting the price?


Of course we do!

All commodities are traded world wide by auction.

True when speculators out number the delivery folks by 40-1 there will be a price spike.

But for most users that is usually covered with a Fwd delivery contract.
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Old 02-27-2011, 06:06 AM   #29
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RE: Do you worry about fuel prices?

Quote:
Avista wrote:

*
JohnP wrote:

*


Do we really want someone else in the World setting the price?


JohnP


The reality is that the world market will always set the price we pay.* Even if oil is produced here, it will be sold to the*highest market.* That means that*the higher world market sets the price for the oil that we produce at home.* The world economy runs on oil.* It makes no sense for us not to be developing our oil reserves.* Even if it is sold abroad it will help our economy and balance of payments.* More supply will help stabalize prices.*
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