Joined
·
1,599 Posts
Gas is cheap. Those who can, should buy and store it. Enjoy the cheap gas once this stupid pandemic is over.
Buy and store gas
-
If you have joined UberPeople.net because your Uber account was hacked, you've likely been taken in by a scam. Please read this before starting a thread on this subject.
1 - 20 of 28 Posts
Joined
·
10,221 Posts
V.a.r.n.i.s.h.
Joined
·
5,663 Posts
Righttt.... y'all have fun with that...
![Sky Building Window Tree Real estate]()
Joined
·
6,860 Posts
I don’t think you can save enough money from this to justify the storage cost. Even if I could store it safely, how many gallons would I need to save even $50 or $100? It would be in the neighborhood of $2.00 saved per cubic foot, I think, optimistically assuming a savings of $1.20 per gallon. And how would I get it all to storage? How many hours would I need to spend at the gas station and then time spent transferring the gasoline to the storage location? How many trips would it take?
I think the time and money would be better invested doing anything else, unless you own an industrial facility designed to hold large amounts of volatile liquids. And what is the shelf life on gasoline? Probably pretty short.
I think the time and money would be better invested doing anything else, unless you own an industrial facility designed to hold large amounts of volatile liquids. And what is the shelf life on gasoline? Probably pretty short.
Will be going up shortly. Russia and Saudi oil banned.
Joined
·
3,486 Posts
You could buy a tanker truck and park it in front of your house. If you have a swimming pool, you could fill it with gasoline. When the price goes back up, you could sell the gas for a profit!
Joined
·
11,552 Posts
You can play with sparklers by your pool!
Joined
·
912 Posts
What's crazy is one of those on there (didn't even look at all) was $8500, for 9000 gallon capacity... You could PAY for the whole thing just in the gas savings!
Gas doesn't go bad for a couple years, and in my not fuel efficient minivan, I probably go through 2,000 gallons a year or so. If I offed a little bit for a profit, and then just used the rest myself, I'd get a free tanker out of the deal!
Non mobile tanks are probably a lot cheaper, especially if you looked at stuff that isn't technically safe enough to store gas. LOL It wouldn't be hard to make/save a ton of money buying right now.
What's really messed up is in my area the cheapest gas I saw today was about $2.50 still at an Arco! Soooo jealous of you guys in non shitty states.
Joined
·
5,663 Posts
Thought you was the weed man for a sec 😂
Joined
·
75,206 Posts
Buy gas futures for DELIVERY every month.
Start an Uber Co Op gas station.
Buy a used tanker truck.
Joined
·
2,017 Posts
I dun fill my jugs and hide them in my oven so varmints don’t try to stake claim to my liquid money
Joined
·
8,994 Posts
Gasoline doesn't spoil. But you would want to rotate your stock to the extent that you can.
Also, you need to make sure you don't get any water into that storage.
So let's say you can store 5,000 gallons of regular unleaded. And that the price might double, in say, maybe 6 months. Your gross profit (before any expenses) would be maybe $7,500.
Now say you got a job in a grocery store, paying $15.00 per hour. In 12 weeks, you'd have made that $7,500, and maybe gotten some benefits to go along with it.
And with zero risk. No risk that the price of gasoline will (pardon the expression) tank. No risk that your storage will get hit by lightning -- it happens sometimes. No risk that a kid in the neighborhood decides to climb up on top of your tank while he's smoking a cigarette.
Overall, a person would be better off just getting a part time job.
Also, you need to make sure you don't get any water into that storage.
So let's say you can store 5,000 gallons of regular unleaded. And that the price might double, in say, maybe 6 months. Your gross profit (before any expenses) would be maybe $7,500.
Now say you got a job in a grocery store, paying $15.00 per hour. In 12 weeks, you'd have made that $7,500, and maybe gotten some benefits to go along with it.
And with zero risk. No risk that the price of gasoline will (pardon the expression) tank. No risk that your storage will get hit by lightning -- it happens sometimes. No risk that a kid in the neighborhood decides to climb up on top of your tank while he's smoking a cigarette.
Overall, a person would be better off just getting a part time job.
Joined
·
6,860 Posts
I can imagine it would be pretty time-consuming and dirty to fill up at home. Can you imagine having a driveway that smells like spilled gasoline all the time? Maybe that is avoidable but I doubt it.
I bet the labor and storage costs would be quite high without any infrastructure.
I'm a time-traveler.
I bet the labor and storage costs would be quite high without any infrastructure.
You probably couldn't sell it to anyone, practically or legally speaking. You'd just have to benefit from your own price differential when filling your own car. This would mean you'd literally be investing in gasoline futures.
I'm a time-traveler.
Joined
·
8,994 Posts
You may or may not find buyers for it. But you certainly can't sell it legally.
Not to mention, are you just going to have people drive up behind your house to get it? The traffic problem doesn't sound like a good idea.
And THEN there's the issue of you having to be there while they're filling the tank in their car.
Joined
·
26,818 Posts
The fire hazard will get the fire insurance on your home jacked up, if not cancelled. If you are renting, creation of a fire hazard is grounds for eviction in most states. While most states are not allowing evictions right now, watch what happens when the lockdowns end.
In the Washington Metropolitan Area, it is just under two dollars at a few stations. At the rest, it is just over it, In some of the high rent districts here it is still close to three dollars, but only the fatcats who live in those neighbourhoods actually buy gasolene there.
Two more words: Fire hazard.
Two follwing words: Premium increased.
OR
Policy cancelled.
Pick one .
1 - 20 of 28 Posts
