Oil Prices Slide as Summer Looms Closer

Oil Prices Slide as Summer Looms CloserAs the Associated Press is reporting, bulk oil prices have slid today to $116 a barrel. The news comes as the spring season enters the home stretch and Americans prepare for the summer – a season that is most popular for vacationing and leisure activities such as fishing and boating.

The decrease in oil prices was due to the end of a refinery strike in Scotland, which adds to the falling demand of oil, though gas prices are still averaging at $3.67 throughout the U.S.

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Escape the Crunch of Steep Oil Prices

Escape the Crunch of Steep Oil Prices

I think there’s this misconception that those of us who use boats recreationally have a pile of money buried beneath their mattress. I can’t say that I’ve ever had anything more than a stack of comic books and dirty laundry under my bed (when I was a kid), but I can tell you that a pile of money is something that I do not have.

Luckily, I can purchase a 16 gallon drum of Evinrude outboard motor oil for under $500 through domo-online.com. It’s a perfect buy for a budget-minded consumer and boat enthusiast such as myself. 16 gallons may not seem like much, but there’s realistically a few weeks out of the year that I can take my boat out, so it works out in the end.

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Good News!

For years, boat owners have heard the old wives’ tale of what owning a pleasure vessel actually means. Instead of pleasure and fun on the water, boat owners often joke that the word actually means “Break Out Another Thousand.”

That’s in thousands of dollars.

With gas continuing its record increase, owning a boat is taking on a new meaning – paying up at the fuel pump.

Remarkably, boat dealers across South Mississippi and South Alabama are reporting record sales, even though the cost of gas could easily reach $4 a gallon by the end of the summer.”

It’s good to know that gas prices haven’t sidelined everyone. Despite rising fuel and energy costs people are still enjoying their recreational time on the water.

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