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$4 gas is here to stay

Yesterday after I filled up, I looked at the total price and did a double take. $56!!

And it's still half of what the Europeans pay for gas. It made me think.. if filling up costs $100, would I still do it? Of course. But I will cut back in other areas.

I'm already more conscious about spending.. which considering how much I enjoy physical luxuries, is pretty huge. 

 

Comments

( 7 comments — Leave a comment )
(Deleted comment)
ripresa
May. 29th, 2008 06:54 pm (UTC)
1.5 week.

I think I would order less food.
medryn
May. 29th, 2008 06:29 pm (UTC)
In the last 5 years, I've spent $3,117 on gas. I'd say that if the price of gas doubled, it wouldn't affect me much at all. Instead of spending 12 cents per mile on gas and about 34 cents per mile on other expenses, I'd be spending 24 cents per mile on gas. That's only a 26% increase in the price of operating my car. Big friggin' deal. In order for the price of operating my car to double, I'd need to be spending 58 cents per mile on gas which would require gas to be 5 times its current cost.
ripresa
May. 29th, 2008 06:56 pm (UTC)
I think of it more on a monthly budget.. Right now I'm spending $60 more per month on gas compared to 7 years ago. Of which I could've gone and had a fancy dinner, get a massage, or buy more food, or a nice dress.

If it does double in price.. then it'll be a $120 more per month.. which is a lot. It's like having to pay for electricity twice.
nekomouser
May. 29th, 2008 07:13 pm (UTC)
I have been cutting back for a while. Every $40 more per paycheck I spend on gas is $40 that isn't going to a local restaurant or movie theater. What gets me isn't just paying for my gas, but paying for other people's. Grocery prices and other shipped goods are rising because of gas prices, and now airlines are even charging for 1 checked bag to cover fuel costs. Pizza and other delivery places are mulling more fees, too, etc. It ripples well beyond my additional gas bill. It's $1 mor per gallon of gas, but also $0.10 more per loaf of bread, $0.12 more per dozen eggs, etc and that's where it adds up, too.

On the bright side, they are predicting a 15-cent fall by July in prices and some people are predicting a "return" to $3 a gallon gas by 2009, and maybe even $2.50. Who knows...
mdf356
May. 29th, 2008 08:45 pm (UTC)
Lucky! I am still waiting for my first $50 fillup. I had two over $45 now that prices ratcheted up another notch; before that I couldn't seem to break $45 even with the premium fuel the Mini needs.
dnivie
May. 30th, 2008 07:12 am (UTC)
usd
Indeed, it's much more expensive over here. But then again translating ain't really fair, the dollar has fallen a lot in value over the last few years, which means that measured in dollars, our gas-prices has risen a lot. But measured in local prices, the increase has been more tolerable.

I was completely empty yesterday, filling up the Toyota (our largest car) cost me $132. Which is RATHER shocking, I guess. Not that it makes a difference, I refuel the thing less than once a month. A year ago that cost me 2.5% of my montly salary, today it costs 2.7% of my montly salary. This is ignorable. (put differently, I must work aproximately 20 minutes more every month to pay for gas now)

I consider high gas-prices a positive thing. Because I think it's the only thing that can make people change behaviour, and help boost renewable energies at the same time.

Offcourse I'm biased since we're an oil-exporter. High oil-prices means we get even stinking richer than we already are. More money, less pollution, what's not to like ?
gerdemb
May. 30th, 2008 11:03 am (UTC)
I pay 60 euros ($90) about twice a month to fill up my car here in Portugal. I drive 20 miles a day to school in a Volkswagen Polo which is a super compact and about as efficient as you can get.

Despite the fact that I'm paying almost $9 a gallon, I feel sorry for everyone in the states because you have fewer options. For me driving is a luxury that I choose to pay for because I like the convenience, but I could take public transportation and save money. Most people in America don't have this choice.
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