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IPFS News Link • Worlds Wealthiest People

"Rich People Can Be Very Cheap": Yacht Owners Hem And Haw About The Rising Cost Of Diesel

• https://www.zerohedge.com by Tyler Durden

After all, affluent yacht owners are starting to complain about the high prices! That was the topic of a new New York Post piece out this week where the paper spoke to yacht owners who have grown frustrated with the price of fuel.

One owner, who docks in the Hamptons, told the Post: "It used to be $2,500 to take my boat out for lunch but this year it's going to be $5,000." Large boats that are about 70 feet burn about 130 gallons per hour just to keep their engines running. 

Another yacht owner, who recently took a trip from an "exclusive marina" in Miami back up to Montauk, complained: "It cost 72% more to have the boat brought up to New York this year from Florida." 

Diesel is up more than $1.77 per gallon over last year's price, the report notes. Premiums for the fuel are even higher in the Central Atlantic, where costs have gone up more than $2 to $5.52 per gallon.


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