Sorry, didn’t mean to yell, but geeze. $45 for 12 gallons of gasoline? I paid that today at Flying J, which is supposed to be cheap. I can remember when it was 30 cents a gallon.
This just shows the utter failure of Barack Obama to allow development of all our off-shore oil fields, which we all know he took steps to block the day he took office because George Bush certainly would have if those darn Liberals in Congress that the GOP outnumbered for 6 years hadn’t blocked him.
This is why the US has to import 60 percent of its oil and we’re beholden to those darn A-Rabs and others.
And not only that, bu… what? You say Obama didn’t have anything to do with it?
You say the oil shortage was caused by massive and wasteful American consumption over the last 50 years combined with rapid depletion of fields in this country combined with increased consumption overseas that is forcing Americans to bid for oil against Europe and China?
And you say that even if Obama were to order that all oil fields in America and its surrounding territories developed starting today, eliminating all environmental restrictions and federal controls, it would still take more than a decade to show any appreciable increase in production, and depletion of other fields would negate that increase anyway?
Oh, please. It HAS to be Obama’s fault. What else could it be? He’s had a whole two years to fix the problem, what is his problem?
And don’t even tell me that gasoline will cost $5 a gallon this summer. If that’s not Obama’s fault, I don’t know what is.
In other news: AAA has issued its annual measure of how much it costs to own a car — a bit over $8,700 a year. A story on the report is here (click).
Why so much? Gasoline plays its part, and the report is actually using last year’s gasoline prices — but maintenance, insurance and just the cost of buying the darn thing in the first place still lead the costs.
Even at $50 a fillup, I’ll be paying close to $1,000 a year for gasoline, but it is very easy to spend that much in one lump for new tires and a tune-up, or any engine work at all.
AAA’s cost is based on averages, of course, and one of those averages is how often people buy new cars, which tends to be about every three years, so they’re constantly making car payments.
My own experience is different: I’m currently driving the 4th car I’ve ever owned in my entire life, and I’m 62. There was the VW bug, the VW rabbit (a real stinker), the Isuzu Trooper and now the Subaru Forester.
By keeping my cars until the wheels fall off I spread the cost of buying the car — and I always buy used so some other sucker pays the majority of the depreciation — over a decade or more, significantly lowering my per-year cost.
People who think they save money on repairs by buying a new car every three years need to learn to do math — a $300 a month car payment, or whatever it is these days (I have no clue, I always save up and pay cash) — will buy an awful lot of repair work, much of which you can avoid with regular maintenance.
Oh yeah, and by buying a Subaru to start with. Those things never break down, hardly.
When you add all those costs in, it amazes me that people complain about the cost of mass transit. The $10 I spend to take Frontrunner to SLC won’t even buy gasoline any more (three gallons at 24 mpg), let alone all that other stuff.