Swa
Senior Member
For what ever reason you may point to. Its getting crazy
Anclote River Tarpon Springs Florida (Tampa Bay Area) 3/6/22
Diesel- $5.18 gallon
Anclote River Tarpon Springs Florida (Tampa Bay Area) 3/6/22
Diesel- $5.18 gallon
Wonder what diesel is running in Southern California.
I heard LA hit over $7 per gallon for gas. Here in Central Florida we hit $4.
Oil and byproducts are highly fungible and are traded in a global market. Price of stored fuel is connected to spot market, not what the service station paid for the fuel. A big change from 30+ years ago when many service stations were independently owned.Diesel today at Gulf Harbor in Fort Myers is $4.32 per gallon. New River marina in Sneads Ferry, NC is $4.45 per gallon. Atlantic Yacht Basin in VA Beach is $3.45 per gallon. Seems like a number of places haven't bought fuel since the price increase.
On road diesel is running around $4.60 per gallon here in Fort Myers.
Ted
Oil and byproducts are highly fungible and are traded in a global market. Price of stored fuel is connected to spot market, not what the service station paid for the fuel. A big change from 30+ years ago when many service stations were independently owned.
Marine fuel docks operate on cost-plus basis. You can definitely arbitrage price in a rising market.
Peter
For what ever reason you may point to. Its getting crazy
Anclote River Tarpon Springs Florida (Tampa Bay Area) 3/6/22
Diesel- $5.18 gallon
I'm new here and just saw this. I don't think $5 diesel is crazy, in fact that's probably the lowest we'll see this summer, if that.
It's not necessarily just that prices are crazy, but the rate of price increase over the last couple of weeks is unusually rapid.
True, but isn't that to be expected with a similar rate of increase in the price of oil in the past few weeks?
Absolutely. But rapid increases like this don't happen often, so it throws people's planning off more than just a steady high price would. At this point, I have no idea whether gas for the boat will be $4.79 when we launch or if it'll be $5.99.
Of all the years for me to have a winter project that needed empty fuel tanks (vs our usual procedure of filling before winter storage)...
I'm glad my tanks are full, as usual in the spring. I can probably last the season if I'm careful. I don't know why the rapid rise should surprise you. The price of oil is double what it was a year ago, up over 30% in the last month, and still rising. I'm expecting most fuel docks will be somewhere in the $6-$10 range this summer. I hope I'm wrong.
For what ever reason you may point to. Its getting crazy
Anclote River Tarpon Springs Florida (Tampa Bay Area) 3/6/22
Diesel- $5.18 gallon
My brother-in-law says it costs less than $6 to fully recharge his Tesla at a commercial charging station, which gets him about 300 miles of range.
More electric boats have to be showing up soon!
I'm the rare guy. I very much want higher diesel and gas prices at the marina pumps. The marinas, anchorages, and channels are filled with boaters who flocked to the isolation of boating during Covid coupled with a strong economy.
I want room in the anchorages. Room at the dinghy dock. I want a marina that doesn't have a 100 person wait list.