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Diesel Fuel Pricing
when i seen diesel dropping on 31 July I thought I better buy some at the low price of 4.30 before it jumped up, as some news articles etc where kinda indicating a rise again... well its been dropping ever since,Diesel 3.95 and unlead reg 3.75 at truck stop here, and it looks like it will drop another couple cents. I guess i should have waited. :~(
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Diesel Fuel Pricing
Didn't notice the diesel but unleaded regular was 3.42 about an hour ago here at a Casey's.
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Diesel Fuel Pricing
I just got 130 gallons of Off Road Diesel last week at $3.65 a gallon. I try to wait until around the second week of August to get it as, barring any hurricanes or other major events, it's usually as cheap as it's going to get.
Steve
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Diesel Fuel Pricing
As of yesterday found on road diesel just under $4.10 and off road for $3.60. kt
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Diesel Fuel Pricing
OK from my previous post of a couple of weeks ago, diesel in CT has indeed dropped. I just filled up my diesel caddy (30 gallons) at $4.29/ gallon) a drop from $4.87/ gallon. Now if this trend continues this would be great. Maybe I can drive my pickup once again!
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Diesel Fuel Pricing
Murph, how do you convert price per litre to price per US gallon? (I could figure it out, but you've obviously done the work.)
What do you fly, and out of where? And did you know (well of course you do) that Cessna now has a diesel model?
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Diesel Fuel Pricing
To convert Can$/litre to US$/US gallon the formula is;
$/litre times conversion rate = X
X times 3.78 (number of liters per US gallon) = US$/US gallon
For example at todays exchange rate of ~$1.00Can = $0.951US, $1.25/litre would look like this;
$1.25 X 0.951 = $1.189US/litre X 3.78 = US$4.49/US gallon.
Presently my main ride is a 1950 Ryan Navion Super 'B', which is the same as the Military L-17 plane. It's a big low-wing single with retractable gear, sort of like a 1957 Chevy with wings.
In case you want to know more, see the link below.
I also have access though to the 'family fleet' which includes Cessna 172, 182, 185 (last two amphibs) a Beech Bonanza and a Murphy Moose and Rebel (also an amphib). I had a Piper Super Cub but sold it a few years back. It no longer suited the type of flying I was doing.
Some friends & I own a small airport near here, and we have several turf strips on the family farms. It makes commuting handy, it takes just about an hour on the money to drive from home to my place at the farm, it is just over 10 minutes by air. Going to the cottage is the same, 1.75 hours with no traffic by car, just under 20 minutes by air!!
The diesel is IMHO a bit of a gimmick. The diesel uses about 30% less fuel than a conventional gas engine does. But if you do the math it's not really cost effective. First off is the initial sticker-shock of ~US$50k for the engine alone.
Then work out the fuel economy part of it, a 'normal' 172 burns about 10 US gallons per hour at cruise (75% throttle) so a savings of 3 US gallons per hour might be possible using the Centurion diesel conversion. Presently 100LL fuel is about $1.65/litre or US$5.93/gallon. So a savings of maybe US$1.78/hour. To recoup your US$50k investment you would need to do at least 28,000 hours. Considering the lifespan of the average light plane is considered to be a maximum of 12,000 hours, that doesn't quite work out.
But then again, pilots are notoriously bad at doing a cost/benefit analysis!!
There's an old flying joke about the $100 hamburger, weekend warriors will often go for a few hours of flying time merely to have a burger at an airport lunch counter and then go back home. In my case it's butter tarts and coffee, and last I calculated it, it was a lot more than $100!!
Mea Culpa!!!
Best of luck.
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Diesel Fuel Pricing
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Quote:
todays exchange rate of ~$1.00Can = $0.951US,
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Murf do the Canadian stores and dealers offer you a better deal with the Canadian dollar being stronger than the US$?
as of today 8/30/08
1.00 USD
=
1.06465 CAD
United States Dollars Canada Dollars
1 USD = 1.06465 CAD 1 CAD = 0.939273 USD
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Diesel Fuel Pricing
Brian, it's not stronger any more, it slipped a little or you're reading the exchange wrong.
To buy US$1.00 will cost us CDN$1.06465 (using your numbers) or an extra six and a half cents per dollar..
In some cases though we are seeing some prices that are better up here, usually it's due to orders placed at times when the dollar was stronger or the product being made here.
Best of luck.
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