Monday, July 21, 2008

Guesstimating Gas Usage on Speedy Boats and Why I Think There Will be More Boat Foreclosures. By Geniusofdespair

I watched the beer guzzlers on these 3 gas guzzler boats with 8 out-board engines between them. They had a collective 900 horsepower for each of two boats and 600 for the smaller one. What could that gas cost?

Marine gas costs over $5 per gallon. These babies probably have gas tanks of over 200 gallons each. A fill-up would cost about $1,000. For that $1,000 boats this size would get approximately 8 hour of travel time at low cruising speed, which translates to a petrol cost of about $125 per hour. The one with two engines might be a bit less. At high cruising speed, a boat like these could cost spend $250 per hour on gas. A typical car averaging 60 mph (getting 20 mpg) pays about $12 in gas for that same hour.

Boats must displace water. Water has much more resistance than air (the car has to displace air) so the boat has to work harder to move forward, hence more gas is used. An obscene amount of gas.

What does this mean: It means the marine industry will face similar issues to the housing market. More people will be putting their boats up for sale because of the gas usage. Many people won’t be able to make loan payments on boats, increasing boat foreclosures. The ripple effect has only just begun.

15 comments:

Anonymous said...

Maybe the boats like these will go the way of the Hummer. It is obscene to use that much gas for a day drinking beer on a sandbar.

Geniusofdespair said...

This is 300 HP outboard.

Prop shaft Rated Horsepower (HP / kW) 300/224
Max RPM (WOT) 5800-6400
Cylinder/Configuration Straight 6, 24-valve direct acting double overhead
cam (DOHC)
Displacement (CID/cc) 158.5/2598

Amount of fuel consumed by an engine while a boat/engine is under way
(normally measured in miles per gallon or gallons per hour)

It gets about 1.2 MPG at Top speed, per motor.
Economy wise is around 2.4 MPG.



Displacement Liter/CID 2.6/158.5
Bore & Stroke (in) 3.23 x 3.23
Bore & Stroke (mm) 82 x 82
Fuel Induction System SmartCraft DTS electronic throttle, supercharged
with charge air cooling and electronic boost pressure control
Fuel System Computer controlled Sequential Multi-Port Electronic Fuel
Injection (EFI)
Fuel Requirements Unleaded premium 91 octane recommended for maximum
performance / 87 octane minimum (R M/2)
Ignition System SmartCraft PCM 07 Digital Inductive
Charging System Fully regulated belt driven 70-amp (882 watt)
Starting Electric (Turn-key)
Exhaust System Through Prop
Cooling System Water cooled with thermostat & pressure control
Lubrication System Integrated dry sump
Oil Requirement NMMA Certified FCW SAE 25W-40
Oil Capacity - Quarts (qts.) 8.5
Oil Capacity - Liters (l) 8
Engine Management System SmartCraft PCM 07
Engine Control System SmartCraft Digital Throttle & Shift (DTS)
Engine Protection System SmartCraft Engine Guardian
Gear Shift SmartCraft DTS, F-N-R
Gear Ratio 1.75:1
Shaft Length (inches) 20/25/30
Shaft Length (mm) 508/635/762
Counter Rotation Available on all models
Trim System SmartCraft programmable power trim and tilt
Maximum Tilt Range 73° (-6° to 67°)
Maximum Trim Range 20° (-6° to 14°)
Steering Electro-Hydraulic Power Steering w/Integral Hydraulic
Cylinder
SmartCraft Compatible
Weight (lbs / kg) 635 / 288

Anonymous said...

Did you canoe out there, or were you using up fuel on your boat also?

m

Anonymous said...

If they can afford it, more power to them! I know I can't....
To alot of those guys money is easy come, easy go - Trust me..

Anonymous said...

BTW the last numbered boat only has 2 motors - What a brokeass!

Geniusofdespair said...

I just looked from a different angle in another photo and you are right. There were only two, damn I will have to change the blog to reflect my extra engine mistake (I did).

Moderate: I was in a kayak of course, my Hummer just wouldn't be practical in the salt water.

Anonymous said...

On the land and on the sea...Florida has big headaches (and bitchin' go fast boats).

Steven in Miami said...

This is old news, the boating industry, the "dock-a-miniums", boat services and accessories are all in the shitter except at the very high end. The sheer quantity of craigslist ads for boats is overwhelming.

Geniusofdespair said...

Steven: Do you want to write NEW news for our blog? We welcome it...email us.

Anonymous said...

What is the comparison of gas price vs. smuggled Cubans?
Those look like a smugglers paradise to me.ANd if that's not what they are now, they will soon be stolen and put to use that way.
Hmm, I wonder if "underwater" boat owners have resorted to having their boats stolen on purpose yet?

Anonymous said...

Even the rich are being banged. A neighbor just had his 60 footer repossed?. Even the rich who went beyond their cash on hand are unable to cover their former extravaganzes?.
I see nor reason to have such big floating palaces. Just like the poor they went beyond their means because of too easy credit.

Anonymous said...

Yea that m is me.

Anonymous said...

Tell me again why yatch owners don't pay sales taxes on their purchase of floating cities.
Maybe they can lease them to section 8s and avoid the repo man.

The Plant Man said...

i think those fast boats should be illegal. they are dangerous and scary. i have a 5 hp and people are always speeding.

The North Coast said...

The fast boats are scary and too fast, and always too close to the beach.

Here by Lake Michigan, I see them always screeching by at top speed right along the rope that demarcates the swimming area. They're a hazard to swimmers and sailors alike, and they're a big cause of pollution of the lake, which happens to be our water supply here.

It pleasures me greatly to see the ostentatious, wasteful morons who own these things go broke while they try to sell them. The pleasure boat market is in total freefall.

These things will end up serving as living quarters for drifters, and our boat harbors will end up being floating shantytowns as the oil drawdown deepens.