"off the truck" 100LL
Tops Eight Bucks!
Back in 2000 – before Bushie and his Big Oil cartel buddies pludgeoned their way into our White House – had someone told you a gallon of highly-refined dead dinosaurs would someday cost over EIGHT BUCKS, you surely would have told them to pound sand. You would have told them there was literally NO WAY a gallon of AvGas could EVER climb that high.
Well, back then, before the oil companies ruled our country, nobody could have predicted this...from Bloomberg:
"Crude oil rose to a record $111 a barrel in New York as the sinking value of the dollar attracted investors to commodity markets. The dollar dropped below 100 yen earlier today for the first time since 1995 and declined to a record low against the euro. Oil surged 90 percent over the past year as the Standard & Poor's 500 Index dropped 5.5 percent."If you fly your own plane, then you already know that the price of fuel is rising. But there isn't a pilot out there who saw this coming:
A recent fuel price search on AirNav for a collection of major metro areas revealed that as of early March, a gallon of 100LL at Teterboro, New Jersey was $8.12 full serve off the truck. Other unbelievable 100LL prices around the country include $6.21 in Santa Monica, $6.45 in Dallas and $6.97 in Miami. But with a little shopping around, you can still find 100LL for under four bucks, that is, if you stop by Thomaston-Upson County Airport (KOPN) in Thomaston, GA where self-serve was listed at $3.95.So what can be made of such a disparity in pricing for the same product? Sure, I get it that in certain upscale regions like the NYC metro area, there will be a slight premium, but DOUBLE THE PRICE of the lowest fuel in the nation? I am just guessing here, but I believe it did not cost the guy who brewed up that $8.12 gallon of 100LL in New Jersey any more then the guy who distilled the fossils into flammable blue liquid sold in Georgia. The aviation fuel game has few players, it is highly competitive, and their cost of doing business is pretty much the same across the board.
The only word I can come up with to justify raising your full-service prices over eight bucks in this market is greed. There is plenty of blame to go around here, but what it really comes down to is this: The Big Oil companies are raking in record profits as we pay more and more at the pump, doing so as BushCo and the Justice Department, um, look the other way (wink, wink).
This means there are only two distinct groups of people now...those who are doing the screwing and those who are getting screwed. So as you head into the voting booth next November, ask yourself which group you belong to. If you like what is going on regarding the price of gasoline and home heating oil, please vote republican. Because if John McCain gets the nod, you can be guaranteed that this deplorable price gouging will continue unabated through at least January 20th, 2013.