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Word is gas is on it's way to $7 - $10 a gallon, so you might as well hit the events while gas is still cheap.


So what oil price does that imply? - $117/bbl crude works out as $2.78/gal - so do you think Crude is going to double?.

Or do you see the dollar devaluing by 50% relative to other currencies? Otherwise I don't think $7-$10/gal gas is on the cards any time yet.

Gasoline inventories in the US are at the highest levels since the 1990s and gasoline demand has dropped for the first time in nearly two decades.

I'm not saying it won't go a bit higher this summer, but not $7-$10 unless something radical that affects global crude supply happens.

Attendance at the first event of this year in our locale was up on last year (31 boats), but it was the most central event in our region. We'll find out what happens at the peripheral events where some people are making 200-300 mile drives.

Chris.

Chris.


Dave Ingram is my president. tcdyc rules