How Are You Capitalizing on Cheap Diesel?

Prairie Gleanings

I've heard if you enlist in the military, you're in for a culture shock after completing 15 weeks of basic training....

Published on: October 24, 2008

I've heard if you enlist in the military, you're in for a culture shock after completing 15 weeks of basic training. I had a little culture shock of my own last week.

 

My wife was rushed to Carle Foundation Hospital in Urbana on Oct. 15. She was having complications with her pregnancy, and ended up having a c-section on Monday, Oct. 20. Our son, Lucas, was born at 34 weeks, and was 4 lbs, 4 ounces. Mom was released Oct. 24.

 

Of course, this meant dad was also in the hospital for a little over a week. When I got out, I was shocked to see corn at $3.75/bushel. Then I stopped for gas and filled up for $2.65 a gallon. Then my IRA statement came, and I noticed I'd lost about $200 in the past month, about 10% of my investment for that particular IRA.

 

It seems gas prices are the only bit of good news in the whole scenario. Then I read an article in the local paper. Basically, even though gas is cheaper, people are holding onto the savings, rather than putting it back into the economy.

 

According to the government's Energy Information Administration, the average price of diesel was $3.48 on Oct. 20. How has the unexpected decrease factored into your purchasing schedule? Are you doing more tillage now, rather than waiting until spring? Anyone have some big ideas for taking advantage of diesel prices?