Anyone stores large amount gasoline in garage?

[oz388]

Oh well, gas price is at the lowest level now which can be bought for under $0.90/L. I'm almost sure the price will shot up to above $1.3/L in summer. It sounds dangerous but I'm still wondering if anyone has been storing large amount gasoline in garage for rainy days?

[Boosted131]

Don't store any gasoline in your garage... Keep it in a shed or something

[heavyfuel]

90 cents/L x (avg) 50L tank = $45.

$1.03 L x 50L tank = $51.50

Difference is $6.50 per tank. Even if it skyrockets to $1.50 L cut corners elsewhere, figure out how to make fuel a tax writeoff, or get a bus pass if you don't like it. It's not gonna change anytime soon.

One less big mac meal. One less latte. One less beer after work. To me that seems like a hell of a safer bet than to store fuel in your garage.

[KAVIE]

RVP is very different in summer vs winter, roughly 20 kPa. I don't think storing gas for auto use is a good idea....

[bjstare]

Better store all the gas you can IMO. Use plastic bags and milk jugs if you have to. No way am I gonna spend an extra 6 bucks per tank every refill!!

[Canmorite]

Holy anti-opportunists

I've thought about this as well, but the amount you'd have to store to make it worthwhile is probably over a few thousand liters, when you include the cost of a proper storage tank/facility, delivery, carrying costs, financing, etc. Not to mention the pain-in-the-ass factor.

Worth it to hedge if you have large trucking operations and 10,000 litre tanks to store it in. Otherwise, not so much...

[Xtrema]

http://online.wsj.com/article/SB121365158178678861.html

[Boosted131]

Originally posted by cjblair
Better store all the gas you can IMO. Use plastic bags and milk jugs if you have to. No way am I gonna spend an extra 6 bucks per tank every refill!!

I lol'd, just pictured the op with a clothesline with bags of gas hanging from it

[rage2]

Garbage bags is definately the way to go.



http://mattalltrades.blogspot.ca/201...s-to-save.html

[oz388]

Originally posted by heavyfuel
90 cents/L x (avg) 50L tank = $45.

$1.03 L x 50L tank = $51.50

The peak of our gas price in summer should be around $1.3/L, not $1.03/L. So it's $20 saving per tank of gas.

[kvg]

Doesn't doing that void your home insurance in the event of a fire? Also its illegal to have over a certain volume with out a extinguisher system and permit I believe.

[max_boost]

It just doesn't seem like a good idea. if you want to save money, do so in other areas of your life i.e. go extreme coupon-ing mode lol

[kvg]

Plus it sounds like work. Go buy containers, then fill them, then bring them home, so how much will you really save for all that effort

[oz388]

Originally posted by kvg
Plus it sounds like work. Go buy containers, then fill them, then bring them home, so how much will you really save for all that effort

I know a lot ppl pay $40 - $60 a month to just lift metal plates at the gym...

[Tik-Tok]

Originally posted by Canmorite
Holy anti-opportunists

I've thought about this as well, but the amount you'd have to store to make it worthwhile is probably over a few thousand liters, when you include the cost of a proper storage tank/facility, delivery, carrying costs, financing, etc. Not to mention the pain-in-the-ass factor.

Worth it to hedge if you have large trucking operations and 10,000 litre tanks to store it in. Otherwise, not so much...

The cost of jerry cans or a proper storage container for large amounts of gas, would completely offset your savings (at least for the first usage), and is also dangerous.

90 cents/L x (avg) 25L jerry can = + $20 for can = $42.5

$42.5 / 25L = $1.70 per Litre before it's worth it. Unless you have a use for lots of jerry cans after that, lol.

If the whole post is a facade, and you're actually a doomsday prepper, get a old <1985 diesel (VW, or any domestic truck), rip out the cat, and mix jet A1 fuel with oil. There'll be a ton of jet fuel around after the apocalypse.

[ExtraSlow]

Plus, winter gas is awful.

[CanmoreOrLess]

Buy gas futures as a hedge or make friends with a farmer/rancher. A Prius might make you not give a shit what the price of fuel is period.

[kaput]

.

[thrasher22]

And don't forget gasoline doesn't have in infinite shelf life. Without adding a stabilizer gasoline starts to go bad after a few months, and buying that stabilizer would even out much of the cost savings.

Hell, if anyone is that cheap I have 10-15L of old gasoline I drained out of my project car sitting in the garage I'd like to get rid of.

[btimbit]

Well, if half the people that store their cars for the winter are to believed, this wouldn't work because apparently gas goes bad after 2 months