Fed Up With Gas Prices!!!
 

This is my first post!....It's amazing oil went up over $5.00 a barrel today once again on speculation! Talk about bad fuel economy my 95 suburban is right up there. I get about 12-13 miles to the gallon on the interstate. I'm running bigger tires, and have a lift kit installed so it ads to the weight. Even though gas prices are so high I have no choice. I need a big suv for my business. It would nice if they threw away the gas tax. In some states it's almost 70 cents on the dollar. Drilling will help some, but in the future. --Josh
www.reportgasprices.com

Ummm... since there is no viable alternative energy available to power our vehicles yet, we will continue to buy gasoline no matter what the cost is - we will just buy less.

-Jay

Yeah, I'd probably keep using gas until it hits the $20/gal mark... but that wasn't a choice so I didn't vote in the poll.

$20 per gallon are you serious? What size tank do you have? My 95 suburban has a 42 gallon gas tank which is the equivalent of one barrel of oil. --Josh
www.reportgasprices.com

Ok, lets say for argument's sake that a hurricaine hits the gulf coast, and destroys the oil rigs out there. The same week There's an earthquake that destroys the alaskan pipeline. Gas shoots up to $20/gallon overnight. If you decide not to buy any more gas how are you going to conduct your business? There isn't a hydrogen vehicle available yet, and electric is still impractical. You will drive less, and probably buy a more FE vehicle, but you will still buy some gasoline.

Jay- You are correct I would purchase a very limited amount of gas, but what you mentioned would be an *extreme circumstance* If that where to happen who knows what would happen to the economy! I might not have a business anymore

I think 4/gal is already an *extreme circumstance* since just a few years ago when gas was still 1.20 a gallon, people laughed at 150/barrel crude oil prices and little geo metros and civics with tiny engines and balls. now those cars are worth alot more than a suv, someone actually paid over 7g's for a 10+year old POS geo metro

I feel sorry for the person that paid 7g's for the metro ;)
www.reportgasprices.com

RGP you are getting 10 MPG, or 10,000 gallons per 100k miles. That's $40,000 in fuel costs alone per 100 K.

My fuel cost for the same distance is $6,600.

Staying in business means controlling all relevant costs. $80,000 in fuel to travel 200k assuming the price does not increase is a big chunk of cost.

Assume gas is going to be $20 per gallon next week, your $80,000 just went to $400,000 for 200k miles worth of gas.

Mine would be $66,000 compared to your $400k.

The difference pays for my house (although I dont owe anything).

regards
gary

Gary- Thanks for the facts very interesting post. I might be able to run my business out of my house. If I can this would cut down on costs tremendously.