“All I know is that I wish I had a big underground tank as I would be filling it up at today’s prices.”
What’s kind of funny about your comment is that you absolutely have the ability to do the functional equivalent of that; and you have the ability to do so without tens if not hundreds of thousands of dollars in fees and permitting and etc etc never mind the actual cost of the actual tank and the actual cost of digging a big hole to drop it in. And without the potential MILLIONS of dollars in liability insurance you would have to carry if the tank ever sprang a leak and the EPA came after your butt. Of course you’d be on Maxie Waters s**tlist as an evil speculator, but hey, I think that could be fun! Speculators only make money when the price rises, you understand that, yes?
So how many gallons of gas would you buy at today’s price? 5000 at $2 a gallon?
You realize that gasoline has a limited life stored in tanks, measured in months. I don’t know what that number is, but gas will go bad after several months in storage. (I am told by folks whose opinion & experience I respect)
Hopefully you get that I am not advocating anything one way or another but I *am* setting out a course of action that would, if the future played out as you seem to suggest, benefit you HUNDREDS OF TIMES better than what, +50 cents or + a buck a gallon * 5000 gallons. You could place your bet in the futures market with your $10K (5000 gallons * $2) and could place a bet out 1-2-5-8 years. Which is way way beyond the life expectancy of actual gasoline that you actually stored in a tank!
Just a thought exercise. All I really want to point is out is that, in reality, you could really and truly place this bet you speak of ten times easier in the futures markets than owning an actual tank! And people do, every day.
:)