Posts: 4,361
Threads: 264
Joined: Apr 2006
Reputation:
9
I want to scream from the rooftops. I feel like Rocky! As most of you know, I am in the gas business. I bought 6 million gallons late February at $1.74 per gallon as we were worried the market would continue to sky rocket and I wanted to book my allocations. Well, I was right and wrong! The market continued to sky rocket...I looked like a genius! Selling contract gas at $2.52 and crushing prior year margin and plan! Well...until the market crashed and my inventory was MUCH higher than replacement.
We have all witnessed it....while everyone is happy at the falling prices, ol Dave here is stuck with a couple million gallons of $1.74 product! OH NO!! Anyway, when your replacement cost is $0.70, MORE THAN $1.00 less than what I gambled on in Feb...it might be time to look for another gig
The only way I would recover is to have a COLD A$$ Winter! Well, December WAS COLD and I finally exhasuted my high priced inventory! WOOHOO!! Costs have dropped out of the bottom but I have continued to push margins! That means MO MONEY!!
Just finished reviewing my financials and January is setting up to be a record month for me! Thank the Lord! What a roller coaster!
Contray to everyone else, I hope it STAYS COLD UNTIL APRIL!!!
Posts: 15,589
Threads: 1,503
Joined: Apr 2006
Reputation:
50
very selfish of.. .I mean, good luck Dave
Posts: 4,361
Threads: 264
Joined: Apr 2006
Reputation:
9
Skipper the cigar aFISHinodo Wrote:very selfish of.. .I mean, good luck Dave  [lol][winner]
Posts: 2,700
Threads: 106
Joined: Aug 2008
Reputation:
15
I wish you the best Dave, but only because I don't use gas, I've got a Heat Pump, and it has worked flawlessly. It was 9 degrees this morning, my house was 70, and the emergency heater coils in my air handler never kicked on (I have a meter that tells me how much power they pulled and for how long)[bravo2]. Now my shop on the other hand, uses big natural gas furnace blowers, and they have been running ALL DAY, and it's only 60 in here, and when you open the big doors, it drops to about 52 in 2 minutes.
aka: The Bouncer
"I Herfed with The Mum" !! And have the shirt to prove it !!!!
I got my "Big Cock t-shirt from Tankie !!!
Posts: 15,589
Threads: 1,503
Joined: Apr 2006
Reputation:
50
Matt-N-Ga. Wrote:I wish you the best Dave, but only because I don't use gas, I've got a Heat Pump, and it has worked flawlessly. It was 9 degrees this morning, my house was 70, and the emergency heater coils in my air handler never kicked on (I have a meter that tells me how much power they pulled and for how long)[bravo2]. Now my shop on the other hand, uses big natural gas furnace blowers, and they have been running ALL DAY, and it's only 60 in here, and when you open the big doors, it drops to about 52 in 2 minutes. heat pump... is that one of those backwards air conditioners?
Posts: 1,065
Threads: 20
Joined: Dec 2008
Reputation:
0
Hello from Tampa Bay, where it's 55 degrees right now. I might need some of your gas this summer, to fuel my generator if a hurricane hits!
Posts: 8,850
Threads: 242
Joined: Jul 2007
Reputation:
25
crowb8 Wrote:Hello from Tampa Bay, where it's 55 degrees right now. I might need some of your gas this summer, to fuel my generator if a hurricane hits! [curse]............
Posts: 10,269
Threads: 189
Joined: Apr 2006
Reputation:
24
Skipper the cigar aFISHinodo Wrote:Matt-N-Ga. Wrote:I wish you the best Dave, but only because I don't use gas, I've got a Heat Pump, and it has worked flawlessly. It was 9 degrees this morning, my house was 70, and the emergency heater coils in my air handler never kicked on (I have a meter that tells me how much power they pulled and for how long)[bravo2]. Now my shop on the other hand, uses big natural gas furnace blowers, and they have been running ALL DAY, and it's only 60 in here, and when you open the big doors, it drops to about 52 in 2 minutes. heat pump... is that one of those backwards air conditioners? It's an A/C unit, but in the winter time the reversing valve inside switches so the condenser becomes the evaporator and evaporator becomes the condenser, basically pulling any heat from the outside air and blowing it into the home.
Viva Lancero!
"Spokesd!ck"
Posts: 8,913
Threads: 442
Joined: Aug 2007
Reputation:
23
Herfs at Daves house. Oh wait, herfs always at Daves house.[cigar]
Sings to the cocaine tune Dave.
I may have made a mistake reminding you of this, sorry.
These guys are a RIOT live.
http://www.youtube.com/watch?v=Gc1URQgQWNo&feature=related
If you wanna get warm
When you're down on the farm
Propane
If you live in the sticks
And your income is fixed
Propane
Its so high, its so high, its so high
Propane
When your grandma gets old
You can't let her get cold
Propane
When your cousin, she's hot
But your fingers are not
Propane
When your tank's out of gas
And you're freezing your ass
Propane
When you're sure that you're fucked
Here comes that big ol' truck
Propane
Its so high, its so high, its so high Propane
.
We cross our bridges when we come to them and burn them behind us, with nothing to show for our progress except a memory of the smell of smoke, and a presumption that once our eyes watered.
Posts: 4,361
Threads: 264
Joined: Apr 2006
Reputation:
9
tafdom Wrote:Herfs at Daves house. Oh wait, herfs always at Daves house.[cigar]
Sings to the cocaine tune Dave.
I may have made a mistake reminding you of this, sorry.
If you wanna get warmWhen you're down on the farmPropaneIf you live in the sticksAnd your income is fixedPropane[refrain]Its so high, its so high, its so highPropaneWhen your grandma gets oldYou can't let her get coldPropaneWhen your cousin, she's hotBut your fingers are notPropane[refrain]When your tank's out of gasAnd you're freezing your assPropaneWhen you're sure that you're fuckedHere comes that big ol' truckPropane[refrain]
one of my operations managers has that ringer. I refuse to go out in public with him[lol]
|