Discussion Starter · #1 · (Edited by Moderator)
Gas is cheap. Those who can, should buy and store it. Enjoy the cheap gas once this stupid pandemic is over.
Will be going up shortly. Russia and Saudi oil banned.Gas is cheap. Those who can, should buy and store it. Enjoy the cheap gas once this stupid pandemic is over.
Don't move this from Advice section. It is legit shit.
You can play with sparklers by your pool!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!
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!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!
Thought you was the weed man for a sec 😂who needs gas? "I got the horses in the back"
Buy gas futures for DELIVERY every month.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.
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.How would you even sell it? Just be like "eyy, I know a guy who knows a guy who has some gas... (it's me)"
You may or may not find buyers for it. But you certainly can't sell it legally.You probably couldn't sell it to anyone, practically or legally speaking.
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.Righttt.... y'all have fun with that...
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.in my area the cheapest gas I saw today was about $2.50 still at an Arco!
Two more words: Fire hazard.Two words:swimming pool