TXFlyGuy
Well-Known Member
Hope this does not happen...but the likelihood of $10/gallon 100LL is a real possibility, in 12 to 24 months.
The Saudi-Russian oil war is impacting the US energy industry, in a very negative way. It is rumored that a barrel of oil could drop to $10. We all like cheap gas, but this will force many of the smaller oil well operators and fracking companies in Texas, Louisiana, and North Dakota out of business.
I listened to a long interview yesterday with the former Secretary of Energy, Rick Perry.
He laid out a scenario that will impact all of us, both in driving cars (if we ever get out of house arrest), and flying aircraft.
If 100LL hits 10 bucks, you will be able to pick up GA aircraft at fire sale prices.
At least with the T-51, we can burn auto gas, probably 6 to 8 bucks a gallon.
The Saudi-Russian oil war is impacting the US energy industry, in a very negative way. It is rumored that a barrel of oil could drop to $10. We all like cheap gas, but this will force many of the smaller oil well operators and fracking companies in Texas, Louisiana, and North Dakota out of business.
I listened to a long interview yesterday with the former Secretary of Energy, Rick Perry.
He laid out a scenario that will impact all of us, both in driving cars (if we ever get out of house arrest), and flying aircraft.
If 100LL hits 10 bucks, you will be able to pick up GA aircraft at fire sale prices.
At least with the T-51, we can burn auto gas, probably 6 to 8 bucks a gallon.