Tumbling fuel prices mean that right now is an opportune time to to stock up on jet fuel. While it might make sense to say that traveling commercial is just as advantageous, there is no shortage of articles outlining the very questionable behavior by airlines to keep airfare prices stable despite their shrinking cost of fuel. As such, for those with private aircraft, trips that have been put off for some time for whatever reason are now that much more accessible given the dive in jet fuel prices.
Even if there is no pending vacation you've been dying to take, there are plenty of reasons you might want to stock up on a currently inexpensive commodity. Or if your dream vacation is still a few months away, there are a number of storage tanks on the market that will preserve the fuel's integrity whilst you make your travel arrangements.
Jet Fuel's Stability
While many fuels tend to degrade quickly when stored, jet fuel is one type of fuel that can stand storage for far greater lengths of time. While some would argue that you shouldn't attempt to store fuel for periods of time greater than a year, stockpiling fuel for six months or so is never a bad idea. Since you are probably going to use it anyway, this is certainly a better option than trying to gauge the future price with financial instruments like options or futures, which are only valuable if you correctly guess the direction of the price move. This is something even finance professionals have yet to master.
Tanks For Storing Fuel
And even though some authorities argue against it, there are a number of storage tank manufacturers that design tanks specially for the storage of jet fuels. These tanks are generally comprised of stainless steel, as other alloys like zinc, copper, cadmium and brass can cause adverse chemical reactions when storing jet fuels. They also incorporate floating suction intake systems to ensure that any fuel removed for consumption is clean and free from any debris that might have settled near the bottom of the tank.
Other aspects of jet fuel storage tanks include watertight seals on all caps and couplings to prevent moisture from sneaking in through unsuspecting gaps in orifices. They also include epoxy-coated interiors to fully insure against corrosion, and many are impact resistant to prevent explosion in the event the tank is accidentally bumped up against or collided with. These are all important features that ensure the fuel therein stored will not only remain chemically stable, but safe from external elements as well.
Ultimately, right now is a unique time in the market for jet fuel, and there really is no better time to take advantage of tumbling fuel prices. Visit a company like McClelland Aviation Company, Inc. today to start stockpiling.