Hacker News Reader

Hacker News

Comment by foobarian | Hacker News Reader

Full thread

foobarian

Too bad I'm not driving at all now and don't have any place to store large amounts of gasoline.

View on HN

Of course, the reason you're not driving right now is also the reason prices are so low.

You can't beat the system...

Reminds me of the old witticism “You aren’t stuck in traffic. You are traffic.”

Not the only reason. Until last week Russia and Saudi Arabia was in a price war, which was/is a large part of the reason for the low gas prices, at least in the EU.

My understanding was that the price war was still, indirectly, caused by the Coronavirus. The price was dropping a little early on when the virus was mostly confined to China, and the OPEC countries couldn't agree on who should cut production... so they broke up and made everything worse.

https://www.npr.org/2020/03/11/814529252/episode-978-coronav...

I bought some 6 gallon jugs about 18 months ago, but you'll spend more on the jug than what you'll save.

(I use them to store ethanol-free gas for my power tools. I buy the gas at an airport about 25 minutes away from my house, and at $6 a gallon, it's "worth it" to make a trip about once a season.)

Wow, $6 a gallon for ethanol free? Here ethanol free is around 30c more than regular E10.

No I'd bet he's getting avgas. That's avgas price territory.

Probably 100 octane "low lead". Which has a lot of lead in it. Some people swear by it.

No.

"Low lead" gas destroys power tools.

The airport that I go to sells both unleaded and "low lead." It's very easy to choose the "unleaded" pump. It's lower octane than 100, but I don't remember the exact value.

I live in area with lots of natural disasters and store fuel on site. It’s already full, but thinking about buying another tank to take advantage of the prices

How fast do you go through it, and would you add stabilizers so it spoilers slower?

I have 11 days of on site storage - approx 300 gallons.

It’s diesel, I add stabil and polish it annually. Injectors for my 4 cylinder generator are $350/ea. Can’t fuck around

You could buy oil certificates, if you think prices will raise again.

That reminds me of this incident where someone got a lesson in how the trading "rubber" meets the road: https://thedailywtf.com/articles/Special-Delivery

That was a funny read!

It’s been a while since I saw links to TDWTF. Didn’t know they were still kicking.

What's an oil certificate? Do you mean futures?

Reply on news.ycombinator.com