T&T: Diesel fuel future costs

[Dave Cooper]

<Bob wrote on part: Maybe Dave Cooper could tell us how much diesel was in
Venezuela, and why.>
US$0.035/US gallon and why? Tradition.

The cost of fuel is subsidized by the Venezuelan government and has been for
many, many years...long before the present government. Part of the fabric of
the world's oil companies coming here to drill, pump and export Venezuela's
oil.
The people of Venezuela now believe that it is their right to have cheap
fuel. The last time the price was raised a penny or two there were riots and
many people killed. They are serious about the fuel price here!

Right or wrong many other countries subsidize the fuel prices for their
people. The US is not one of them.

I think the international price of diesel is close to $2/gal. Perhaps John
in Trinidad can comment on it from there as we hear that that is the price
but haven't needed any to know for sure.
The US has both different standards for diesel fuel and even different
standards for various parts of the country.
If one can believe the charts at:
 http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp 62% of the cost of
diesel is the base crude. The rest is as you see.

In July diesel was US$6.50/gallon in Martinique. I've heard that it is
approaching $8 now!!

So while you are looking at $4 now and $5 next summer. The Caribbean is way
past that now and looking at $10/gal in some locations.

Arild mentioned new more efficient boat designs which will get better
mileage. We also think that bigger tanks so one can pick there fueling spots
will also be a trend. Arild also discussed the cost for a marina to fill his
15-20000 gal tank. $100,000.00 would seem a lot for a small marina to fork
out for a few weeks supply of fuel. I see lots fewer fueling spots in the
future both because of this and the new stringent fuel dock requirements
that keep getting pilled on. Sooner or later its easier to toss in the towel
than to keep up with the rules.

Many, many different issues all of which don't bode well for the future of
trawlering and power boating in general, IMO.

As always YMMV....we're currently at ~2NM/gal all 95,000 lbs of us!

Cheers





Dave & Nancy
Swan Song
Roughwater 58
Caribbean Cruise '07
787 990-6064 Sat
954 252-3830 fax


-----Original Message-----
From: trawlers-and-trawlering-bounces at lists.samurai.com
[mailto:trawlers-and-trawlering-bounces at lists.samurai.com] On Behalf Of bob
england
Sent: Thursday, January 03, 2008 5:30 PM
To: trawlers-and-trawlering at lists.samurai.com
Subject: T&T: Diesel fuel future costs

I
can tell you why it's close to 4 bucks a gallon here, but it's probably not
appropriate discussion for this list, although it does affect our TRAWLERS
directly. My family and I have been involved directly with the oil
production
industry for over 65 years, and the BO's (big oil) have been trying to get
control the entire time. If they can get rid of Hugo they'll be one step
closer. I know $4 diesel will impact my cruising plans.
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