Will race gas prices drop with the lower crude oil prices?

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Will race gas prices drop with the lower crude oil prices?

Post  DILLIGASDAVE on December 25th 2014, 2:29 am

What was the price of C12 or C16 the last time crude oil prices were at this level?
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Re: Will race gas prices drop with the lower crude oil prices?

Post  FalconEh on December 25th 2014, 3:46 am

DILLIGASDAVE wrote:What was the price of C12 or C16 the last time crude oil prices were at this level?

It will really depend on your source for VP as they likely are fully stocked with C-12 / C-16 that they bought at higher prices, so if it a small supplier that doesn't sell a lot of fuel it will take longer for the prices to come down, they can average the prices by buying a larger quantity at the current lower prices but they will likely be a little Leary about what will happen next so you will not see the benefit of the pricing until it is more stable on the constant price.
SB = to 3x the discount or increase depending on the source IE 5.00 gal for reg 15.00 for race, 3.00 gal reg 9.00 race work out your last comparative price should equate.
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Re: Will race gas prices drop with the lower crude oil prices?

Post  cool40 on December 25th 2014, 8:47 am

No... Laughing
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Re: Will race gas prices drop with the lower crude oil prices?

Post  rmcomprandy on December 25th 2014, 1:39 pm

Probably not very much if any at all.
Most race gasoline has very little product derived from crude oil.

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Re: Will race gas prices drop with the lower crude oil prices?

Post  FalconEh on December 26th 2014, 3:39 am

It also depends on how far it is shipped, the shipping costs drop with the fuel costs, farther away deeper discount on the cost of goods.
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Re: Will race gas prices drop with the lower crude oil prices?

Post  Curt on December 26th 2014, 11:05 am

rmcomprandy wrote:Probably not very much if any at all.
Most race gasoline has very little product derived from crude oil.

You're kidding,,,, right? Embarassed
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Re: Will race gas prices drop with the lower crude oil prices?

Post  rmcomprandy on December 26th 2014, 11:12 am

Curt wrote:
rmcomprandy wrote:Probably not very much if any at all.
Most race gasoline has very little product derived from crude oil.

You're kidding,,,, right?  Embarassed

"Very little" may be a stretch but, only about half isn't.

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Re: Will race gas prices drop with the lower crude oil prices?

Post  Curt on December 26th 2014, 11:17 am

rmcomprandy wrote:
Curt wrote:
rmcomprandy wrote:Probably not very much if any at all.
Most race gasoline has very little product derived from crude oil.

You're kidding,,,, right?  Embarassed

"Very little" may be a stretch but, only about half isn't.

Saying that is a stretch would break Armstrong in half.
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