A COMMODITIES TRADING STRATEGY FOR YOUR FUEL CONSUMPTION
If you lived in California, the price of regular grade gas for the week of 26 May was $ 4.099 per gallon. A week later (2 June) the price went up by $ 0.143 to $ 4.242 (Weekly US Retail Gasoline Prices at http://www.eia.doe.gov/). If you had a full tank on the week of 26 May, spent a half tank during the week, and topped up on the week of 2 June, you would then be spending gas for the rest of the week at an average price of $ 4.171 (lower than the $ 4.242 and savings of $ 0.0712 per gallon).
With the price of gas going up on a week-to-week basis, it is good economic practice not to go below half a tank on your gas. This way, you will always have half of your gas at the lower price of the past week and will be spending gas at a price lower than the current higher price.
image from Microsoft Clipart, reconstructed by Ren Garcia
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1 opinion for A COMMODITIES TRADING STRATEGY FOR YOUR FUEL CONSUMPTION
Commodities » A COMMODITIES TRADING STRATEGY FOR YOUR FUEL CONSUMPTION
Jun 10, 2008 at 1:10 am
[…] Boom2Bust.com wrote an interesting post today onHere’s a quick excerpt If you lived in California, the price of regular grade gas for the week of 26 May was $ 4.099 per gallon. A week later (2 June) the price went up by $ 0.143 to $ 4.242 (Weekly US Retail Gasoline Prices at http://www.eia.doe.gov/). If you had a full tank on the week of 26 May, spent a half tank during the week, and topped up on the week of 2 June, you would then be spending gas for the rest of the week at an average price of $ 4.171 (lower than the $ 4.242 and savings of $ 0.0712 per gallon). W […]
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