Stockpiling diesel

[newbury]

If you have the ability to stockpile some, I see no reason not too. Diesel out here now is 2.45 ish.. gone up a fair amount since the nov implementation. It will be well over 3.00 by this time next year. ..and I think 3.75 will be easily reached in 22/23

Don't bet on the price of diesel for more than a few months.

I have been planning on "stocking" up since we bought our place in Mississippi in 2011. So I would have filled a 300 gallon tote at $4/gallon and been sitting on fuel worth $2/gal. As you can see price dropped off in 2014 and hasn't recovered yet. Fracking and politics came in.
OP should probably get a 50 gal drum, a 275 gallon IBC tote and a good pump system. Fill the 50 and be prepared to fill the tote IF price looks like it is going to jump.

What's the price going to do if we do move to electric cars?

 

[dougtrr2]

I am an even smaller time user of diesel so buying it 5 gallons at a time is no problem. As you ponder solutions to your problem don't forget to factor in the weight of diesel, about 7 pounds a gallon. If you are going to town and filing 55 gallons drums how are you going to load and unload 350 pounds safely. If you are going for a larger home storage tank, what is the minimum that someone will deliver to you?

Doug in SW IA

 

[Hay Dude]

Don't bet on the price of diesel for more than a few months.
View attachment 684981
I have been planning on "stocking" up since we bought our place in Mississippi in 2011. So I would have filled a 300 gallon tote at $4/gallon and been sitting on fuel worth $2/gal. As you can see price dropped off in 2014 and hasn't recovered yet. Fracking and politics came in.
OP should probably get a 50 gal drum, a 275 gallon IBC tote and a good pump system. Fill the 50 and be prepared to fill the tote IF price looks like it is going to jump.

What's the price going to do if we do move to electric cars?

If/when that happens, it could be a blend of oil prices going down because of lower demand from electric cars, countered by oil prices going up because of higher fuel taxes and lower domestic oil supply
End of the day itll be supply and demand with taxes deciding the direction.
With the current climate in DC, it doesn’t look oil-consumption friendly

 

[Cycledude]

Prices of not only fuel but everything seem to be going up pretty fast lately, who knows maybe we all will soon be wishing we had stock pilled some extra fuel.

 

[Brotherdan]

Heating fuel oil and diesel are pretty much the same. Heating oil has a dye in it to show you didn't pay tax on it, at least in PA.

Heating fuel tanks average around 275 gallons, and some are made for outdoor use. Places around where I am mount the screw-on black iron pipe to a wood frame and call them skid tanks that are able to be moved.

Usage is less of a problem than delivery. It's tough to get deliveries under 250 gal....so you might want to figure out what your supplier is able t do.

I prefer the metal fuel tanks because I don't trust plastic (especially with seams), and try to find a place where they won't get hit by vehicles.

 

[CobyRupert]

I heat mostly with wood, so my heating oil gets stored for years, decades really. It’s the same as diesel (or similar -that’s another topic).
That being said, if it contained bio-diesel I’d be worried of algae growth and would treat it.

 

[LouNY]

Heating fuel oil and diesel are pretty much the same. Heating oil has a dye in it to show you didn't pay tax on it, at least in PA.

Heating fuel tanks average around 275 gallons, and some are made for outdoor use. Places around where I am mount the screw-on black iron pipe to a wood frame and call them skid tanks that are able to be moved.

Usage is less of a problem than delivery. It's tough to get deliveries under 250 gal....so you might want to figure out what your supplier is able t do.

I prefer the metal fuel tanks because I don't trust plastic (especially with seams), and try to find a place where they won't get hit by vehicles.

Around here most of the suppliers have a 100 gallon minimum, I usually end up at 1000 gallons when I fill up anually.
Last year I was at 900 gallons but I still got the $0.10 discount for the nominal 1000 gallon discount.
Here most of the outdoor 275s are on legs also but they have to use quite a bit of kerosene when it gets cold,
the basement or buried tanks get by without the kerosene.

From Easton NY. I have to chuckle at your handle,I have a brother who's name is Dan and we both live in Easton NY.

 

[CobyRupert]

I prefer the metal fuel tanks because I don't trust plastic (especially with seams), and try to find a place where they won't get hit by vehicles.

Technically, IF you go by standards (NFPA 30) adopted by most states, it should either be double walled with leak detection, or be inside curbed retainment walls large enough to hold content of tank and any rainwater, with a way to either separate oil and water, or periodically drain retainment after inspecting for no oil, etc..etc..etc..
...but that’s a big “IF”.

 

[bigtiller]

The price of diesel fluctuates and so do the stocks in my 401k.

Dollar Cost Averaging works when buying stocks, why not use it to buy diesel?

 

[Industrial Toys]

Rather than just keep adding stuff to my bulk tanks and still not knowing what's what. I take samples and put them in my chest freezer and fridge freezer (not as cold) . No more wondering.

I do like adding something for lubricity though.

I have little doubt that there might come a day when the Military might seize your bulk fuel as they conduct operations. Yeah, they may give you a receipt.

 

[LouNY]

Rather than just keep adding stuff to my bulk tanks and still not knowing what's what. I take samples and put them in my chest freezer and fridge freezer (not as cold) . No more wondering.

I do like adding something for lubricity though.

I have little doubt that there might come a day when the Military might seize your bulk fuel as they conduct operations. Yeah, they may give you a receipt.

Nice way to do your diesel, it's a good idea.

As far as getting a receipt if someone is stealing my fuel, I doubt that I would need it or be in a condition to accept it.

 

[Industrial Toys]

I just put the fuel in those little plastic liquor bottles we sometimes get attached to a big bottle here as a promotion. Then put those bottles in a plastic container for extra protection against spillage. Then take the temp of your freezer. I don't know the temperature at which it gells, but if it isn't gelled, I know at what temperature it doesn't.

 

[TheMan419]

My point that you missed is storing 6 months worth as a general rule, isnt for everyone.

OP never said it was. It is what he said he wanted to do because of his health concerns.

 

[Hay Dude]

OP never said it was. It is what he said he wanted to do because of his health concerns.

Actually, this is what the individual I quoted said. He wasnt the OP.

Figure out how much you use and go for a six month supply. For me that's about 40 gallons. I see no reason to have more than that on my place at any one time.

Have a great night.

 

[hosspuller]

Don't bet on the price of diesel for more than a few months.
View attachment 684981
I have been planning on "stocking" up since we bought our place in Mississippi in 2011. So I would have filled a 300 gallon tote at $4/gallon and been sitting on fuel worth $2/gal. As you can see price dropped off in 2014 and hasn't recovered yet. Fracking and politics came in.
OP should probably get a 50 gal drum, a 275 gallon IBC tote and a good pump system. Fill the 50 and be prepared to fill the tote IF price looks like it is going to jump.

What's the price going to do if we do move to electric cars?

We won't move to electric cars like the gov't plans in ten years. The "Battery Fairy" is still out. We'll starve before ... Note the amount of diesel Haydude uses. He's not the only farmer. Energy decisions are being made by people living in cities. Far from the realities of food production, construction, transportation, energy production, etc. Wasn't long ago I read on an internet forum, we should use car batteries for energy. Shows the level of technology understanding of some voters.

 

[Diggin It]

^^ And no where in there does it say a general rule that should apply to everyone. It specifically addressed one user, new to using diesel and projecting he would use a small quantity over time.

 

[Industrial Toys]

A fool (these days) would only have enough food in their freezer or pantry for a few weeks. Just sayin.

 

[Hay Dude]

A fool (these days) would only have enough food in their freezer or pantry for a few weeks. Just sayin.

All depends on how much you have to, and are allowed to store.

 

[Industrial Toys]

Short of violence to another. My views on what I am "allowed" to do has always depended more on my own notion of self preservation. Politicians (I pay to keep them alive) were never meant to do anything else than serve me. Not dictate to me.

 

[fried1765]

Short of violence to another. My views on what I am "allowed" to do has always depended more on my own notion of self preservation. Politicians (I pay to keep them alive) were never meant to do anything else than serve me. Not dictate to me.

Unfortunately, it actually works exactly the opposite way.
They DO dictate to you, and they DO NOT serve you!