Today I had a meeting concerning fuel futures with a fellow investor.
I hate too be the barer of bad new but this is the cheapest we will ever see fuel again.
The futures show a steady increase yearly 1-2 dollars a gallon from this year on!
We will be even with Germany in a few short years and last time I was there(last fall) fuel was 9$ a gallon.
To say the least I snacked up some stock today this guy is never wrong!
His hedge fund proves that and has for the last 15 years!You can make a killing on shorts if your on your game!
Im going long haul!
And I thought 22 bucks for 5 gallons for my mower today was out of line!!!!
Originally Posted by Cuda340
In today's newspaper, there was a report of the world-wide gas crisis. While $4 per gallon is a shock to Americans, others would think we are paying bargain prices.
In Brazil gas is $5.67 per gallon. France is $9.66 per gallon. And Turkey is $11.29 per gallon. These prices have caused massive strikes and protests from car owners, truckers, and fishermen.
On the other hand, drivers in oil-rich Venezuela are paying only $.12 per gallon!
In response, production of hybrid and flex-fuel models are soaring, and manufacturers are severely cutting back on trucks and SUVs.
After us motorheads get our Challengers, I wonder how many Dodge will sell to the general public that is reeling from escalating gas prices? It is the 1970s all over again! Can you say "ground-hog day?"
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Keep on Keepin on!
2009 srt8 black-soon to be in my garage
Currently pay plates yearly on:
2000 C5 (400hp)
2005 Maserati CambrioCorsa spyder(wifes)
2005 Magnum RT awd
2007 Camry Hybrid 50th Anniversary Edition(wifes company car)