Economy and Fuel Issues
by David Pascoe
Browse Articles
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Genmar Holdings, Inc. the boat building conglomerate, threw in the towel yesterday(6-01-2009) and filed Chapter 11 bankruptcy protection.
As far as ten years back I warned Irwin Jacobs in several published articles about the perils of creating that kind of company with all its eggs in the one basket of the highly cyclical boating biz. All it takes is a major economic downturn, and you are finished. Great business executive, that Mr. Jacobs, as brilliant as all the bankers understand diversification as a survival strategy. Entire Article
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The Art of Going Slow
Some Tips for Avoiding TroubleMany boat owners are talking about this. If you reduce your gallons per hour from 36 to 10 you reduce cost from $151 an hour to around $42, almost 400% savings. From what I read on the forums a lot of people are going to try cruising at displacement speed since a lot of diesel boats will do around 8-9 knots at 10 gph. Gas will probably be a bit more. Entire Article
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The Future of Fuel Prices
Boating runs on oil, so a crystal ball is needed.This writer has been following the oil market ever since the 1973-74 Arab oil embargo. My livelihood depends on the price of oil and, if I ever came to the conclusion that there was an acute world shortage of oil I would have gotten out of this business. Should fuel prices persist at $3.00+ that would pretty much doom powerboating. But so far over the years my research has proved correct: there isn't, and I didn't. Entire Article
Visit davidpascoe.com for his power boat books David Pascoe - Biography
David Pascoe is a second generation marine surveyor in his family who began his surveying career at age 16 as an apprentice in 1965 as the era of wooden boats was drawing to a close.
Certified by the National Association of Marine Surveyors in 1972, he has conducted over 5,000 pre purchase surveys in addition to having conducted hundreds of boating accident investigations, including fires, sinkings, hull failures and machinery failure analysis.
Over forty years of knowledge and experience are brought to bear in following books. David Pascoe is the author of:
In addition to readers in the United States, boaters and boat industry professionals worldwide from nearly 80 countries have purchased David Pascoe's books, since introduction of his first book in 2001.
In 2012, David Pascoe has retired from marine surveying business at age 65.
On November 23rd, 2018, David Pascoe has passed away at age 71.
Biography - Long version