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With gas prices on the rise and no end in sight, what’s in store for boating...

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With gas prices on the rise and no end in sight, what’s in store for boating...

Old 01-29-2021, 10:54 AM
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Default With gas prices on the rise and no end in sight, what’s in store for boating...

My guess is gas prices are going to double by end of year and possibly higher, Calif will be 4-5 bucks a gallon by summer? How is this going to effect the boating revival we’ve seen since “ChinaSick” started....my guess? it will knock the wind out of this thing we love. IMO
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01-29-2021, 11:46 AM
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Don't blame me, I voted for the bad orange man
Old 01-29-2021, 11:02 AM
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Default Remember the 70s

Going to see alot more sailboats and people that have no idea how to operate them.
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Old 01-29-2021, 11:02 AM
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You wish, then the prices of boats would go down? If you worry about $4 gas then it's time to find a new hobby, boating isn't going to work out for you.
Old 01-29-2021, 11:09 AM
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$4 a gallon isnt gonna stop me...and highly doubt we get there. Keeping sailing around the USVI.
Old 01-29-2021, 11:30 AM
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Originally Posted by Tbrodes View Post
$4 a gallon isnt gonna stop me...and highly doubt we get there. Keeping sailing around the USVI.
it may not stop you but it most likely will get there
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Old 01-29-2021, 11:32 AM
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Old 01-29-2021, 11:34 AM
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Says the guy, I’m gonna guess, that I have more years boating than he has been alive. What a chump, I see knitting in your future.


Originally Posted by ericpn View Post
You wish, then the prices of boats would go down? If you worry about $4 gas then it's time to find a new hobby, boating isn't going to work out for you.
Old 01-29-2021, 11:35 AM
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USVI was 40 years ago, try again...


Originally Posted by Tbrodes View Post
$4 a gallon isnt gonna stop me...and highly doubt we get there. Keeping sailing around the USVI.
Old 01-29-2021, 11:37 AM
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Boat sales were up in our area 70 percent over last year, your silly not to think it will not be felt. All the fhat cats won’t feel a thing but the working man will....
Old 01-29-2021, 11:39 AM
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The current global oil prices are too low to make money in domestic production. So, while it was nice to have low prices it pretty much trashed the oil industry in the US. I never expected the prices to remain this low.

I think at the peak I was paying over $6 a gallon for diesel and I still went off shore every chance I got. It did help that I have a super economical rig to run.
Old 01-29-2021, 11:39 AM
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Lets put aside any debate about if they double.

Let assume they do. With double the gas price only a fool will believe that every boater is a multi millionaire who wont be affected. In fact, majority of the country will feel it in every aspect.
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Old 01-29-2021, 11:47 AM
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It has been over $4/gal at my marina for years now. We have far more marina slips on my lake than we had when I worked at them in the '70s, and all the slips are sold. But most boats sit in their slips, even on the nicest summer holiday weekends. When I was a kid, the lake was rough from wakes all day, now there are occasional wakes. Seems like more people buying boats, and less people using boats/burning gas. I'll have to ask the marina owners if they are selling less gas now than in the '80s, I bet they are.

Hard-core boaters are going to be out a lot more, and spend time on boating forums.
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Old 01-29-2021, 11:51 AM
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How would gas not doubling in price not impact boating? Yea, I get there are a few people that have unlimited wealth, but $400 vs $800 (for me) per weekend certainly would change my habits. Probably more sandbar stuff, and gas money would be traded for rum.
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Old 01-29-2021, 11:53 AM
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I pay $1.50 gallon for diesel. If it doubles, to $3, that will suck but will not be a show-stopper nor will I change habits. If it triples, that could be a different story.
Old 01-29-2021, 11:54 AM
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For those of you that think low oil prices are good, consider that the way that the US achieved relative energy independence from our "friends" in the middle east was driven by high oil prices, making our domestic production profitable. Low oil prices benefit the middle east and Venezuela who give zero f_uks about us.
Old 01-29-2021, 11:59 AM
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It will hopefully knock some of the wind out of this crazy market we have going on right now. I'm a buyer, not a broker, so lower prices would benefit me. I'm looking to go bigger this summer when/if the prices come back down a bit. I'm selling now to hopefully ride the tail end of the bubble and then buy when the buying is good.
Old 01-29-2021, 12:27 PM
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All bubbles end up popping, and this one will be no different. And this is one hell of a bubble.
Old 01-29-2021, 12:41 PM
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Dollar denominated oil, economy believed to open up (demand will increase), opec+ trying to keep a lid on production and fracking wells were being shut due to current oil demand and prices.
Dollar is going down, commodities go up. Oil goes up
As the demand increases the price of oil increases, opec+ will increase production and frackers will return to uneconomical wells.
production increases until it passes demand and then we go round and round.
it's not all gloom and doom......... unless your short Gamestop
Old 01-29-2021, 12:45 PM
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Originally Posted by Door#3 View Post
For those of you that think low oil prices are good, consider that the way that the US achieved relative energy independence from our "friends" in the middle east was driven by high oil prices, making our domestic production profitable. Low oil prices benefit the middle east and Venezuela who give zero f_uks about us.
I have always been told high oil prices raise the cost of everything. Everything manufactured involves trucking in some way, and that those oil costs get passed down to the consumer.
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Old 01-29-2021, 12:50 PM
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My simpleton prediction for boating with increased fuel prices. The upper income boaters it will have no effect. The middle income boaters will move toward passengers sharing the fuel costs for the trip. The lower income boaters will struggle and be most affected.

Last edited by DoubleDose; 01-29-2021 at 12:51 PM. Reason: Correction
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