How Low Will It Go? (Page 1/1)
blackrams MAR 29, 06:27 PM
Last time I checked, crude oil was $30.00 (US) per barrel, now add in COVID 19 and "Social Distancing" with folks told to stay at home and realistically, no end in sight (at this point), how low will fuel prices go? Wow, talk about a run on sentence but, you get the gist.

Gas in Hattiesburg is $1.59 per gallon for regular, varies a bit but that's the average. Diesel is $2.39 a gallon. Hasn't been that low in several years. I'm betting it's gonna drop even more before the summer is over. Sure wish I could go somewhere.

Rams
MidEngineManiac MAR 29, 06:35 PM
I dunno about barrel price, but I usually go through 21/2-3 tanks a month at $80-90 per. I've still got 1/4 of the first one left.
ls3mach MAR 29, 06:52 PM
Seen at under $1.00 in OKC.
maryjane MAR 29, 10:50 PM
Off-Road Diesel $1.69-$1.79 here.

Unleaded gasoline is still around $1.30/gal most places i go.
blackrams MAR 30, 07:56 AM

quote
Originally posted by maryjane:

Off-Road Diesel $1.69-$1.79 here.

Unleaded gasoline is still around $1.30/gal most places i go.



I have no idea on the price of Off-Road Diesel, although I have a couple of diesel powered machines, it isn't worth the effort to go after it IMHO, I just don't use that much.
But, with travel being restricted, I'm looking for fuel prices to drop much lower.

Refineries would normally be shutting down for maintenance during periods where pricing is so low but, with this Pandemic, they can't get the workers and the supplies they need are becoming harder to get. I got this information from three friends who are Certified Inspectors and work these events in refineries. "Turn Arounds" as they are called are being canceled left and right. This has caused those refinery workers and Inspectors to continue coming to work even though they are sick. Two friends in particular have fellow Inspectors and workers who have now been quarantined. No telling how many they shared their virus with. Both said the "sick" individuals were coughing days and weeks prior to being diagnosed.

Was talking to another gent who re-sells food grade used barrels, he told me he's selling them right and left to folks who are filling them with the cheap fuel and keeping them for when the price starts going back up or, when things really turn to crap. I personally watched a guy fill two of these type barrels with fuel yesterday. He took quite a while to get both barrels filled due to limits on card purchases at the pump. Hoarding gas doesn't seem like a real good idea to me.

Rams
MidEngineManiac MAR 30, 08:22 AM
I'm shocked they are getting away with it. Here, by law, you can only pump into a vehicle or a approved container (red can for gas, yellow for diesel and blue for kerosene). Typical plastic gas cans.

Anything else and the station just doesn't turn on the pump.
blackrams MAR 30, 02:35 PM

quote
Originally posted by MidEngineManiac:

I'm shocked they are getting away with it. Here, by law, you can only pump into a vehicle or a approved container (red can for gas, yellow for diesel and blue for kerosene). Typical plastic gas cans.

Anything else and the station just doesn't turn on the pump.



Same regulations (or similar) here but, if the merchant doesn't care or isn't looking (intentionally), lots of things a happen.

Just noticed that fuel dropped another dime a gallon since I was last out.

Rams

[This message has been edited by blackrams (edited 03-30-2020).]

maryjane MAR 30, 03:39 PM
There are DOThazmat exceptions for fuels with a flash point over 100 deg F. You can haul not over 110 gal (two 55 gal drums ) of diesel in the back of your pickup in steel or poly drums if they are marked correctly and if they are in a container without a removable lid. (drums that have a full opening lid with a steel band holding it in place are not approved.)
49 CFR 173.150(f)

there is a regulatory exemption [see 49 CFR 173.150(f)] that allows you to reclassify and ship a flammable liquid as a combustible liquid. To do so, your flammable liquid must meet the following conditions:

Doesn’t meet the definition of any other hazard class.
To be transported within the U.S. only.
Has a flashpoint of ≥100˚F and ≤140˚F. Click here for an illustration of these temperature ranges.
To be transported by rail or highway.
Is not a flammable liquid that is also an elevated temperature material that has been intentionally heated and is transported above its flashpoint.

I have never had a retailer so much as raise an eyebrow when I filled a 55 gallon steel or poly drum up.
blackrams MAR 30, 04:57 PM

quote
Originally posted by maryjane:

There are DOThazmat exceptions for fuels with a flash point over 100 deg F. You can haul not over 110 gal (two 55 gal drums ) of diesel in the back of your pickup in steel or poly drums if they are marked correctly and if they are in a container without a removable lid. (drums that have a full opening lid with a steel band holding it in place are not approved.)
49 CFR 173.150(f)

there is a regulatory exemption [see 49 CFR 173.150(f)] that allows you to reclassify and ship a flammable liquid as a combustible liquid. To do so, your flammable liquid must meet the following conditions:

Doesn’t meet the definition of any other hazard class.
To be transported within the U.S. only.
Has a flashpoint of ≥100˚F and ≤140˚F. Click here for an illustration of these temperature ranges.
To be transported by rail or highway.
Is not a flammable liquid that is also an elevated temperature material that has been intentionally heated and is transported above its flashpoint.

I have never had a retailer so much as raise an eyebrow when I filled a 55 gallon steel or poly drum up.



I've had the same experience and to be honest, my drums were not marked correctly.

Rams