storing diesel? - Page 2
 

storing diesel?

Started by charlie, March 17, 2010, 05:15:44 PM

Previous topic - Next topic

PP

Hey Charlie, are you familiar with 'FUTURES'? Or commodities? It's a stock thing ;D If you're convinced that fuel prices will be up and hence, crude, check into future commodities investments. That's what most people do, or is that just me LOL
Good luck, Will

WEC4104

The problem with the conventional futures market, is you are not dealing with the "at the pump" prices.  Most often folks are speculating on the pricing of crude oil.  Even if you do get specific enough to concentrate on refined diesel fuel futures, the trading prices do not include prepaid state and federal fuel taxes.  ...and you know they are only going to go up.

But back to the topic of the original post... There's one more item I forgot to mention regarding the long term storage.  I would plan ahead so that when I pulled the fuel out of storage, I would pass it through a filtering system as it was pumped it into a vehicle's tank. I think that would be one of your best ways to insure that the aged fuel does not cause any problems.
If you're going to be dumb, you gotta be tough.

charlie

wec, tthat sounds like a good idea thanks for the thought

charlie

pp
what i was planning was to have  extra fuel to have if it went any higher so i could still travel around just have  a back up reserve  .

Dreamscape

Whatever amount you do store, once it's gone it's back to high prices! ;D
______________________________________________________

Our coach was originally owned by the Dixie Echoes.

charlie

 ok  the idea sounded  good

PP

Quote from: WEC4104 on March 18, 2010, 10:33:34 AM
the trading prices do not include prepaid state and federal fuel taxes.  ...and you know they are only going to go up.

Are taxes really going up? LOL I wonder if there's a futures market for that? (Vegas?) ;D