Had a thought occur to me while driving around this morning and listening to a conversation on the radio about the dwindling oil reserves.
Would it be possible for a private individual to say, buy 100K gallons of gasoline and store it for their own purposes? I’m sure that there would be numerous environmental and regulatory problems to deal with but I wonder how insurmountable they would be.
Say you had enough money to buy or build some type of storage facility, would gasoline be able to keep for 20 or 30 years. Does it have a shelf life?
It seems that if you could make an investment into 100k gallons and sit on them for 20,30,40+ years, you could make a good deal of money on your investment. You could also ensure that you had gasoline, even if it got to the point that it was so scarce that it was prohibitively expensive. I could see a number of people doing this as a way of ensuring that they or future generations had access to gasoline.
I put this in GQ because I really don’t want to debate the degree of how much oil is left or how long reserves will hold out. We all know it is a finite resource and it is a matter if when we run out eventually, not if. Rather, I would like to just keep this on topic concerning the feasibility of an individual creating their own private reserve.