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Old 12-06-2016, 09:17 AM   #739
XDCX
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Join Date: Nov 2007
Posts: 14,869
Default Gas down to $1.85 in the Phoenix area

It's been a long time since I've added a post to this thread and since gas is now down to $1.85 at Costco it seemed like a good time to add an update.

As before, it appears that gas prices are following a seasonal pattern and falling to the lowest price of the year in December/January.

It seems to me that it would be a "no brainer" investment to buy 10,000 gallons of gasoline in January for $1.85/gallon and then sell it for $2.00+ during the Fourth of July weekend - that would be an annualized return of almost 20%.

Now if I could just figure out where to store 10,000 gallons of gasoline...
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