Old fuel receipt

N747JB

N747JB

Final Approach
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John
Helping my wife clean out our closet last night and I came across a fuel receipt from 2003. North Las Vegas airport, 654 gallons of Jet-A for right at $2000.00 :D I think it was $3.00 per gallon and Vegas is never a cheap place to buy fuel! Our westbound stop was Clinton-Sherman and I think they were closer to $2-2.50 a gallon. :D It actually almost made sense at the time to fly to Vegas. ;)
Now VGT is $5.51 and CSM is $4.71, not bad compared to some folks, but still double from 10 years ago. :(
 
What I'm trying to figure out is that for as long as I can remember here in SoCal, 100LL ran about $1.00 more/gallon than premium unleaded. For the last 1-2 years, it's been more like $2 more/gallon. Doesn't seem like it is just reduced sales volume. The switch actually seems to have happened the same time BP pulled out of the avgas market here.
 
N747JB said:
Helping my wife clean out our closet last night and I came across a fuel receipt from 2003. North Las Vegas airport, 654 gallons of Jet-A for right at $2000.00 :D I think it was $3.00 per gallon and Vegas is never a cheap place to buy fuel! Our westbound stop was Clinton-Sherman and I think they were closer to $2-2.50 a gallon. :D It actually almost made sense at the time to fly to Vegas. ;)
Now VGT is $5.51 and CSM is $4.71, not bad compared to some folks, but still double from 10 years ago. :(
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20 years ago it was $1.27 at LGB, $1.12 at AJO and 75¢ to fill our truck at the rack in Wilmington. AirNav has today's LGB low price at $6.28. If my math is correct that's a 24.7% annual rate of inflation. No wonder fuel was removed from the inflation index, food too.
 
80/87 was $0.30 / GAL in 1965.

Wally kept the bottom 1/4 of the tank filled with water, so if it leaked it was only water.
 
Meanwhile some guy in Atlanta is probably going through old files and looking at the cost of his old Ford truck. :D
 
wabower said:
Meanwhile some guy in Atlanta is probably going through old files and looking at the cost of his old Ford truck. :D
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I can still remember when I saw the first American car topped a new price of $10k, IIRC it was a 1978 Fleetwood Brougham for $10,500.
 
Henning said:
I can still remember when I saw the first American car topped a new price of $10k, IIRC it was a 1978 Fleetwood Brougham for $10,500.
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I remember standing on the showroom as a 14-15 year old kid with my dad, we had a new Thunderbird, I think it was $8500-9000.00 or so. My dad looked at me and said, "Pretty soon cars are going to be $10,000 and nobody is going to be able to buy them." :D Of course this was in a time of 36 month financing and 10-15% interest rates! :dunno:
 
wabower said:
Meanwhile some guy in Atlanta is probably going through old files and looking at the cost of his old Ford truck. :D
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Probably true! But, I bet the haven't doubled in 10 years. :D
 
kgruber said:
80/87 was $0.30 / GAL in 1965.

Wally kept the bottom 1/4 of the tank filled with water, so if it leaked it was only water.
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1954/5 farm gas was delivered to the tank at .08 cents, the J-3 ran fine on it :)
 
I remember finding a receipt for a cassette tape recorder which my father purchased probably in the late 1960s. It was in the hundreds. So some prices have come down, especially when you count inflation.
 
Tom-D said:
1954/5 farm gas was delivered to the tank at .08 cents, the J-3 ran fine on it :)
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Few will be able to top that one. I remember "Gas Wars" when it dropped to .19 a gallon just before I was old enough to drive. .24 was more commonly the "low" price.
 
Everskyward said:
I remember finding a receipt for a cassette tape recorder which my father purchased probably in the late 1960s. It was in the hundreds. So some prices have come down, especially when you count inflation.
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Technology doesn't count...that always goes in reverse. My first PC was $3,200...and a fraction of the power or functionality of the lowest $300 one today. Don't even TRY to factor in the inflation-adjusted difference on top of that!
 
The cheapest I personally paid for 100LL was $3.64 in 2010. I was flying a Cessna 152 at the time. 26 gallon tanks and I probably only put in about 15 gallons.

The cheapest I paid for 100LL in 2013 was $5.00/gallon. I put in 31 gallons and I literally ran the tank dry. The guy at the airport said it was nearly empty and the pump would automatically stop at 8 inches. I only managed to get 31 gallons at that price. I could have probably taken about 40gals.... and I was #4 in line at the pump. :( Mooney 201, 64 gallon tanks. :D
 
LDJones said:
Few will be able to top that one. I remember "Gas Wars" when it dropped to .19 a gallon just before I was old enough to drive. .24 was more commonly the "low" price.
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I remember as a small child there were 4 gas stations at one intersection by the house during the 'gas wars' got down to 4¢:eek: I was a big deal.
 
N747JB said:
Helping my wife clean out our closet last night and I came across a fuel receipt from 2003. North Las Vegas airport, 654 gallons of Jet-A for right at $2000.00 :D I think it was $3.00 per gallon and Vegas is never a cheap place to buy fuel! Our westbound stop was Clinton-Sherman and I think they were closer to $2-2.50 a gallon. :D It actually almost made sense at the time to fly to Vegas. ;)
Now VGT is $5.51 and CSM is $4.71, not bad compared to some folks, but still double from 10 years ago. :(
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I remember my dad saying something like "$7500 for an F150...WTF" back around 1984 or so....;)
 
Ran across some receipts in old logbooks from the 50's at KSYN last weekend. A half hour of solo in a Champ was $3. With an instructor I think it was $6.
 
LDJones said:
Ran across some receipts in old logbooks from the 50's at KSYN last weekend. A half hour of solo in a Champ was $3. With an instructor I think it was $6.
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You mean these?

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1016645_666435810037053_2135360270_n.jpg


943522_666435990037035_1694783144_n.jpg
 
us AAirways said:
I remember my dad saying something like "$7500 for an F150...WTF" back around 1984 or so....;)
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That's about when I started in the business, we sold a ton of 6 cylinder F-100's with a 3 speed on the column and no air! :D you can't even buy an F-150 with a manual transmission now, and it haven't seen one without air in years! :dunno:
 
It was back to the future today. I bought 65.6gals of 100LL for $164.00. Thats $2.50/gal. I flew up to Rifle, Co where the county heavily subsidizes fuel sales for one weekend a year. What a great feeling fueling with moderately priced gas. The plane definitely flew faster on the way home although is was probably due to the tailwind. Reasonably priced gas puts the fun back in flying if for only one day.
 
N747JB said:
That's about when I started in the business, we sold a ton of 6 cylinder F-100's with a 3 speed on the column and no air! :D you can't even buy an F-150 with a manual transmission now, and it haven't seen one without air in years! :dunno:
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That's what he had. The straight 6 with the 3 speed column shift manual. Red vinyl interior too.:D
 
The old "Kiwi Six" was one of the best engines in a light pick up.
 
It gets more depressing when you see data on fuel cost for those who buy it in volume: 'Company' price at a certain big hub I will visit tomorrow (at work) for Jet-A: $3.29.
 
2003, Isn't that when gas "skyrocketed" to $1.50?
 
Red Bird is doing. $1/gal avgas all of October. When are we doing a fly-in? ;)
 
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