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                           Glasair-List Digest Archive
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                     Total Messages Posted Tue 03/11/08: 1
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Today's Message Index:
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     1. 08:08 AM - Re: 100LL  (Craymondw@aol.com)
 
 
 
________________________________  Message 1  _____________________________________


Time: 08:08:26 AM PST US
From: Craymondw@aol.com
Subject: Glasair-List: Re: 100LL

Did anyone watch the two hour special of petroleum? All the cheap oil has  
been found. Because of internal fuel shortages, Russia is no longer going  to 
export oil. And China and India are dipping into depleted oil wells.  Auto gas

is now being projected to average $5.00/ gallon. Double that  price for 100 LL.

I think we will watch aviation as we now know  it, disappear leaving behind 
only a few ultra lights running on auto fuel.  Only a few years ago when 100LL

was $1.50/ gallon a friend of mine  sold his 60 gallon per hour P-51. That 
plane burned $90 dollars worth of fuel an  hour. Fast forward a few years with

100LL reaching $7.00/ gallon, a plane  burning 12 gallons/ hour factors out to

just under $90 an hour. When oil  reached $110/ barrel today, several airlines

announced these prices are going to  drive them back into bankruptcy.   


**************It's Tax Time! Get tips, forms, and advice on AOL Money & 
Finance.      (http://money.aol.com/tax?NCID=aolprf00030000000001)

 

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