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Something in a movie might not be realistic. When gas prices went BASE jumping last autumn, it caught a lot of people off guard. I sure didn't expect prices to ever go down again, and I'm not the only one. Remember the Chrysler PRICELOCK $2.99-for-one-year gas guarantee? Everyone I know is upbeat about the new price of gas, but I can't help but feel sorry for the poor folks who put together this teaser trailer for the new Fast & Furious movie. The trailer features the highway-speed attempted hijacking of a "fully-loaded gasoline land train" for which it quotes a street value of $1.4 million dollars.
http://movies.yahoo.com/movie/1809989992/trailer In January, I realized that the price must have fallen, and set about re-calculating the value of this volatile target. Gas tankers exist in two main configurations, In the Dominican Republic, where this F&F scene unfolds, land trains are apparently used. The movie promo shows a truck with five tank trailers (5 x 4,500 gallons), for a grand total of 22,500 gallons. In the summer of '08, this gas may have been worth $4.60 per gallon, or $103,500 in total. That's not in the millions. How did they come up with $1.4 million? They selling gas for $62 a gallon somewhere? Maybe they are combining french wine and diesel? Did they include the price of the truck? Wayne Dawson at tankparts.com helped me to assess the value of a gas truck plus four trailers. He let me know that the price for used equipment varies widely, but that I could get a tank truck for $160,000, and get four trailing tanks for $30,000-$70,000 each. Thus, a whole used land train is worth $280,000 to $440,000, plus $50,000 for the gas inside. We are just barely breaking the $0.5 million mark. I think someone has been sniffing too much Nitrous Oxide. Fast & Furious opens April 3, 2009.
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February 3, 2009