View Full Version : Diesel Headed Up
aggies09
12-08-2010, 10:36 AM
I saw a futures forecast last week on crude prices and the consensus seemed to be that crude should see an average of $100 to $120 per bbl for CY 2011 and continue a rise to an average of $120 to $140 per bbl for CY 2012. This obviously will result in higher fuel prices for all. I know that fuel is an extremely small part of the overall cost of bus ownership, but nonetheless a measurable component.
For those of you in the oil business this is great news (Gordon/Jerry), more money to spread around. I see a new Liberty in your future.
GDeen
12-08-2010, 11:37 AM
Thanks for your support Tony.
I encourage all to leave their coaches on high idle 24/7 - even while stored and not in use. There are jobbers out there that will be happy to set up an account to drop by and fuel them up for you on a schedule, so it will be painless. Save you on electricity bills too......
Jon Wehrenberg
12-08-2010, 12:05 PM
Fill your tanks with cheap fuel now and watch the value of your coach increase as fuel prices rise.
My bus with a tank full of $3.00 diesel should be worth $600 more when fuel gets to $5.00. It's about time we get a little break from the huge depreciation we have all been seeing the last couple of years.
Reagan Sirmons
12-08-2010, 04:37 PM
Just hedge your positions by owning a little XLE. This index follows and reflects the market values of the 30 largest oil and gas companies globally.
Pres
aggies09
12-08-2010, 05:38 PM
So Reagan, are you now signing each post as "Pres"? Is this a new status requirement for recent CC purchasers?
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