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THE US Fossil Fuel Stockpiles Thread (merged)

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Re: Oil down. Stocks down

Unread postby Concerned » Wed 14 Mar 2007, 14:40:42

$this->bbcode_second_pass_quote('Newsseeker', 'O')il's back above $59 dollars a barrel. I predict oil is headed up right about now, these minor corrections will not slow it down. Expect $3.00/gallon gas here pretty soon and perhaps even $3.50 over the peak summer months.


I wouldn't be too sure about that. If there is a significant recession you can expect to see oil prices decline.

Which is just as bad because it means there is not enough business there to allow people funds to buy oil.
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Stockpiling Gas?

Unread postby vision-master » Tue 27 Mar 2007, 18:27:58

Tell me I'm silly. I just started making runs down to the local Home Center to buy those wonderful red plastic 6 gal gas cans. I got about 35 gal stockpiled so far & plan on having about 100 gal stashed in the near future for emergencies.

Gas has gone from about $2.00 gal in Feb to today's high of $2.69 gal. When it gets around $4, yikes!

I think food stuff stockpiling is in order too.
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Re: Stockpiling Gas?

Unread postby Jellric » Tue 27 Mar 2007, 18:51:25

I don't think it's silly at all.

In fact I plan on doing the same thing soon.

Where are you storing all this gasoline?

I assume you are going to rotate your stock since gas has a short shelf life?
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Re: Stockpiling Gas?

Unread postby vision-master » Tue 27 Mar 2007, 18:54:47

I've used 1 year old gas without a problem?

Think I'll add some fuel stabilizer to the mix.

Stored in the garage.........
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Re: Stockpiling Gas?

Unread postby smallpoxgirl » Tue 27 Mar 2007, 18:57:17

Just be sure you rotate your stock. And don't tell people about it.
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Re: Stockpiling Gas?

Unread postby Dopamine » Tue 27 Mar 2007, 19:26:29

Try to keep it outside somewhere, like in a tool shed. It can really stink up a garage. The plastic self-venting plastic containers are not so good at holding the vapors. Also keep your car's gas tank topped off. That's the best place to store extra gas with a locking gas cap.
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Re: Stockpiling Gas?

Unread postby billp » Tue 27 Mar 2007, 19:43:20

Yup. Using Stabil.

Other stuff too.

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Re: Stockpiling Gas?

Unread postby Jellric » Tue 27 Mar 2007, 19:50:55

I would think keeping the gasoline in your garage could be dangerous and might even be illegal. You might want to look into another place to store it.
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Re: Stockpiling Gas?

Unread postby billp » Tue 27 Mar 2007, 20:23:32

Don't forget about the beer, wine, etc.

Staples are important.

Oh. No electricity, no freezer.

Canned products contain too much salt, especially for seniors.

Think dried foods.

Pemican [without salt, of course].

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Re: Stockpiling Gas?

Unread postby drew » Tue 27 Mar 2007, 22:09:36

You will burn your house down. Don't be stupid! Fat chance on your insurance covering a fire too. Research this stuff. At one of my jobs we stored it outside in a vented shed with very big ground cables anchored in the ground.

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Re: Stockpiling Gas?

Unread postby pup55 » Wed 28 Mar 2007, 09:22:50

$this->bbcode_second_pass_quote('', 'd')on't tell people about it


Good idea. #1 on the list of people you should not tell about it is anyone from your local fire department.

$this->bbcode_second_pass_quote('', 'A') maximum of five gallons of gasoline is permitted to be stored on your residential property, as per the State of New Jersey Uniform Fire Code. This must be stored in a properly labeled container, away from your home in a shed or other detached area.


Milford NJ

$this->bbcode_second_pass_quote('', 'S')torage in one and two family dwellings is limited to a total of 25 gallons. In a two-family dwelling, the 25 gallons are per structure, NOT per family.


Miami FL

$this->bbcode_second_pass_quote('', 'C')PSC also warns consumers that private storage of more than a limited amount of gasoline (usually five gallons or less) is illegal in many areas, and subsequent fire damage may not be covered by insurance policies


$this->bbcode_second_pass_quote('', 'H')eat in a storage area can cause excessive pressure and release of vapors which may then travel to an ignition source. Vaporization of less than one-half pint of gasoline is enough to fill an entire home garage with explosive vapors, according to an official of the National Fire Protection Association.


findlaw.com

$this->bbcode_second_pass_quote('', 'G')asoline is a Class 1 flammable liquid. If it is being stored in the actual residence or dwelling unit, then Article 4.2.4.5. restricts the quantity that can be stored to not more than 10 L. If it is being stored in a garage or shed attached to a dwelling unit, then Article 4.2.4.6. restricts the quantity that can be stored to not more than 30 L.


Ontario (Canada)

So, the general consensus is that storing a lot of gasoline in plastic cans in your garage is illegal in a lot of places, and probably not the best thing in the world from a safety standpoint.

A lot of these laws and ordinances seem to have been written in about 1950, so they obviously figured out there was a problem awhile back.

But, we all know that you are going to do it anyway, because there is no one around to tell you "no", and gas cans are cheap enough right now that you can fill your garage up with them if you want. In fact, I do not blame you. Chances are an investment in gasoline right now will give you a pretty good rate of return. In fact, one of these articles talks a lot about people doing this and burning their houses down in 1978, during the big rationing thing that was going on at the time.

FSENX

Here is what I think you should do. Put the minimum $2500 into this mutual fund. Think of it as an extra insurance policy against you blowing up the house keeping gas in your garage. If the price of gas does not go up, like it did not in the last year, you will make about 8% rate of return, which beats keeping it in the bank.

If the price of gas does go up, like it did between 2004 and 2006, this thing will triple in value, like it did during that period, and you will be able to buy as much gas as you need.

Note: A lot of these mutual funds did, indeed, take a dump during the stock market correction a couple of weeks ago, so this is not without risk, but neither is keeping many gallons of gas in your garage, so you have to weigh the risk appropriately.

Also, this does not protect you against some sort of rationing situation, but keeping a lot of gas in the garage to avoid rationing will only delay the problem anyway, because eventually you will run out and end up sitting in line for gas anyway.

Do with this advice what you will. Like I said, you are going to do this anyway, so let us know how you come out. We will check back in a few months and see how the mutual fund did.

Warning: I am not an investment advisor, I do not work for Fidelity or any other mutual fund company. Do not do this unless you check into it first (do not store gas in your garage unless you check into that either). Do not accept investment advice from anyone who has a job. Do not believe this, or anything else you see on the internet.
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Re: Stockpiling Gas?

Unread postby vision-master » Wed 28 Mar 2007, 09:52:10

Gas is stored in detached garage. I'm checking on local fire codes.
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Re: Stockpiling Gas?

Unread postby kjmclark » Wed 28 Mar 2007, 12:44:41

You may also want to check out these, instead of the plastic cans. Jerry cans are steel cans made to store fuel and at $15 each they're a good deal.
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Re: Stockpiling Gas?

Unread postby strider3700 » Wed 28 Mar 2007, 13:41:02

storing extra gas is good but has some issues not covered.

Yes you should never tell anyone that you have it but if you are the last car driving on the streets everyone with half a brain will figure out that you must have gas somewhere.

My gasoline storage is just for emergencies. No point in driving months after everyone else no longer can.
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Re: Stockpiling Gas?

Unread postby smallpoxgirl » Wed 28 Mar 2007, 14:53:14

$this->bbcode_second_pass_quote('kjmclark', 'Y')ou may also want to check out these, instead of the plastic cans. Jerry cans are steel cans made to store fuel and at $15 each they're a good deal.


The other nice thing about those jerry cans is that they're the NATO version. The US version has a screw bung which is pretty bad about leaking fumes. The NATO version has a squarish spout opening with a rubber gasket closure. I have several and they don't release fumes. As several people pointed out, a garage full of fumes is an invitation to disaster.
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Re: Stockpiling Gas?

Unread postby vision-master » Thu 29 Mar 2007, 09:47:08

I have a few WWII jeep cans that are still operational.
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Re: Stockpiling Gas?

Unread postby Peak_Oil_Pat » Thu 29 Mar 2007, 16:15:16

Unless you use a stabilizer gasoline doesn't last very long--probably around a year before it goes bad. And even if you use a stabilizer, you probably won't get longer than 18 months at the most and then you risk damaging your engine.
Of course if you're rotating your stock every few months or so then no worries.
And remember to use your winter gas in the winter and your summer gas in the summer, they have different mixes due to vapor pressure requirements.
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Re: Stockpiling Gas?

Unread postby Mechler » Tue 08 May 2007, 11:59:00

$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('kjmclark', 'Y')ou may also want to check out these, instead of the plastic cans. Jerry cans are steel cans made to store fuel and at $15 each they're a good deal.


The other nice thing about those jerry cans is that they're the NATO version. The US version has a screw bung which is pretty bad about leaking fumes. The NATO version has a squarish spout opening with a rubber gasket closure. I have several and they don't release fumes. As several people pointed out, a garage full of fumes is an invitation to disaster.


I just bought four of these cans and they are definitely used. They are solid, though. Learn from my mistake and check the integrity of the rubber gaskets BEFORE you fill them with gas. Two of mine leaked and I'm going to replace the gaskets on three right away. It doesn't seem like too many places in the US carry the gaskets, but I found one place online. Hopefully, the gaskets are the right size.
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Re: Stockpiling Gas?

Unread postby Sheb » Tue 08 May 2007, 12:49:37

$this->bbcode_second_pass_quote('Mechler', 'I') just bought four of these cans and they are definitely used. They are solid, though. Learn from my mistake and check the integrity of the rubber gaskets BEFORE you fill them with gas. Two of mine leaked and I'm going to replace the gaskets on three right away. It doesn't seem like too many places in the US carry the gaskets, but I found one place online. Hopefully, the gaskets are the right size.


Just another customer review:

Sort Version: Great Cans...& Get the optional spout.

Long Version:
I bought six about two months ago. They are all used, but in good to excellent shape. No leaks, but dents in two. They come with a changeable lable plate above the spout that lest you pick between four different fuels-Diesel, Leaded, Regular unleaded, and super unleaded. Note that they are in German, so gasoline is refered to as Benzene (sp?).

I also bought a spout for them. And after using these cans with their spout to refill some 55-gal drums, and using some Blitz-type plastic cans, I can tell you, These are worth the money! Filling with anything else is like trying to drill holes with a hammer and screwdriver in comparison.

Having extra gaskets is probably a good idea...Where did you get them, Mechler?

That said, seven fit perfectly in the back of Ford Ranger pickup, lined up behind the cab (ditto for 2000-series Mazda) and strapped to the forward corner tie-downs.
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Re: Stockpiling Gas?

Unread postby Mechler » Tue 08 May 2007, 18:04:45

$this->bbcode_second_pass_quote('Sheb', 'J')ust another customer review:

Sort Version: Great Cans...& Get the optional spout.

Long Version:
I bought six about two months ago. They are all used, but in good to excellent shape. No leaks, but dents in two. They come with a changeable lable plate above the spout that lest you pick between four different fuels-Diesel, Leaded, Regular unleaded, and super unleaded. Note that they are in German, so gasoline is refered to as Benzene (sp?).

I also bought a spout for them. And after using these cans with their spout to refill some 55-gal drums, and using some Blitz-type plastic cans, I can tell you, These are worth the money! Filling with anything else is like trying to drill holes with a hammer and screwdriver in comparison.

Having extra gaskets is probably a good idea...Where did you get them, Mechler?

That said, seven fit perfectly in the back of Ford Ranger pickup, lined up behind the cab (ditto for 2000-series Mazda) and strapped to the forward corner tie-downs.


Here's the site where I bought the gaskets:
British Pacific

They're charging $2.75 per gasket (maybe it's a set of three?) which seems expensive, but there aren't too many alternatives.

Ditto on everything you said, Sheb. The spout works very well. Once I found out that the gaskets were bad, I used the spout to put the gas into my car. No problems at all.

However, I did read on another website that one concern of using used cans is that the paint or coating on the inside of the can may start chipping off . I assumed that the inside would not be painted, but some of the paint on the outside is coming off which worries me. Anyone know anything about this? Just to be safe, I'm going to filter the gas before filling my car. I think I'll try a coffee filter or cheesecloth in between the can and the spout. Any better ideas?
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