Gas Tops $4 A Gallon

[Wags]

CBS2chicago.com - Gas Tops $4 A Gallon At Some Chicago Pumps

Prices Expected To Climb Higher As Weather Gets Warmer

cbs2chicago.com - Gas Tops $4 A Gallon At Some Chicago Pumps

GOD BLESS US ALL

[Walt34]

Ouch. Saw it at $3.45 yesterday, a new record here. The GMC Sierra pickup generally doesn't get driven unless it's hauling something.

[Dawg52]

$3.15 at the 'cheap' pumps here. Seen it as high as $3.24 at the brand name ones.

[Wags]

Quote:

Originally Posted by Walt34 Ouch. Saw it at $3.45 yesterday, a new record here. The GMC Sierra pickup generally doesn't get driven unless it's hauling something.

Today's price here is $3.39.

We have also parked the GMC Sierra pickup and we only drive it when we are going on long trips or out of town.

GOD BLESS US ALL

[Milton]

Quote:

Originally Posted by Wags We have also parked the GMC Sierra pickup and we only drive it when we are going on long trips or out of town.

Why not sell / junk it?

It's easy to rent a truck or minivan when you actually need to haul a lot of stuff. And a small car is much more efficient and economical for long trips.

[Wags]

Quote:

Originally Posted by Milton Why not sell / junk it? It's easy to rent a truck or minivan when you actually need to haul a lot of stuff. And a small car is much more efficient and economical for long trips.

I would sell it but I paid cash for it and right now the resale value on it is not good. We have a herd of kids that fit well into the 6 passenger truck and on the road it gets about 22-24 miles a gallon. We use the truck for school trips and activities which sometimes are 2 to 3 times a week depending on the season.

We live out in the middle of nowhere and renting a truck is just not an option.

What I have done is buy a small old VW Bug to run around in town. It runs great and it is top mechanical condition.

GOD BLESS US ALL

[Milton]

Quote:

Originally Posted by Wags I would sell it but I paid cash for it and right now the resale value on it is not good.... on the road it gets about 22-24 miles a gallon.

Ouch!

Quote:

Originally Posted by Wags What I have done is buy a small old VW Bug to run around in town. It runs great and it is top mechanical condition.

Sounds like you are making the best of a bad situation. Good work.

[Milton]

Quote:

Originally Posted by Wags I would sell it but I paid cash for it and right now the resale value on it is not good.

Wags, an article that might help: Yahoo! Personal Finance.

[Walt34]

Quote:

Originally Posted by Milton Why not sell / junk it? It's easy to rent a truck or minivan when you actually need to haul a lot of stuff. And a small car is much more efficient and economical for long trips.

For perhaps once a month it'd be "easy" to rent a truck, but there's a lot to be said for having it right in the garage. That's worth something. To rent one involves driving somewhere else, where a truck may or may not be available when I want it, filling out paperwork, bringing it back, etc., and half the day is shot before I actually get useful time out of it. And we use the truck capabilities a lot more often than that.

Besides, my GMC Sierra is a bit over 5 years old, it's in pristine condition, and now would be about the worst possible time to sell it. And then I wouldn't have a truck anymore.

Nope, the original plan was to keep it 20 years and I'm sticking to it. The longer I keep it the less the amortized cost is.

[Zathras]

Wow, I had heard that some pumps in Hawaii had hit $4. Didn't realize anywhere in Chicago had hit that point. Are you sure it wasn't deisel?
Here in MN I have seen about $3.26, but that was yesterday.

[lazygood4nothinbum]

i paid $3.29 last week, i see it is up in the 3.30s this week. i figure it will cost me about $80 round trip fort lauderdale to daytona. such is the advantage & disadvantage of having bought a v-8 but at least one that runs on regular. that exhaust which used to sound so nice and throaty now just sounds like it is slurping. nah, who am i kidding. i still love it.

[TromboneAl]

You wimps. I paid $3.79 yesterday, and that's at my discount "cardlock" station. Chevron is $3.89.

[Notmuchlonger]

Ya 3.89 here too. So last year we spent about 1040 in fuel. Maybe this year we pay 1300

[jambo101]

$4 a gallon haha we are going to look back on these days with envy when prices are up around $10 a gallon.
Up here in Montreal its $1.27 per liter today,went up $0.14 a liter over night
I hear a lotta people griping about gas prices but when i'm traveling the interstates the normal speed is 80mph and up and most vehicles are some SUV variant,Minivan,pickup truck or larger sedan,very few fuel efficient cars like my Toyota Echo/Yaris.

[Independent]

Quote:

Originally Posted by jambo101 $4 a gallon haha we are going to look back on these days with envy when prices are up around $10 a gallon. Up here in Montreal its $1.27 per liter today,went up $0.14 a liter over night I hear a lotta people griping about gas prices but when i'm traveling the interstates the normal speed is 80mph and up and most vehicles are some SUV variant,Minivan,pickup truck or larger sedan,very few fuel efficient cars like my Toyota Echo/Yaris.

I spent some time on rural Illinois interstates this week. The official speed limit for trucks is 55 mph. I think I saw one going that slow. Most were close to 65. Time is still more valuable than diesal.

I didn't see any big cars doing 80. Almost everybody was hanging around speed limit (which is 65) plus 5. Plenty of pickups, SUVs, and minivans in the mix. Of course, I can't tell how many people left the big car home and took the small one for the better mileage.

[Walt34]

Quote:

Originally Posted by Independent Time is still more valuable than diesal.

Well, those guys are in business and time is money. Also, I think, but am not sure, that the gearing to keep a heavy truck engine at the top of the power curve dictates 65+ mph.

[DblDoc]

In the London Times last evening they were saying fuel was about to hit 1GBP per litre. That would be about $7.60/g

Locally in the PNW it was 3:50-3:53/g today

DD

[jazz4cash]

It's 3.25 or more here in suburbs of DC. Still getting 5% per gal discount with the Shell Mastercard. Due to the discount, we only use Shell, but Penfed has a 5% off all brands card.

[Independent]

It appears that car buyers really do react to price (and to general economic concerns). These numbers are typical:

Quote:

Nissan Motor Co. reported a 10% increase in car sales, led by the subcompact Versa and the newly redesigned Altima. But Nissan's truck and SUV sales plunged 20%, with the Nissan Titan pickup down 45% for the month and the Nissan Armada SUV down 43%. Nissan's overall sales were down 4% for the quarter. Truck sales have been hurt by the slowdown in housing construction. Small cars fared best as consumers focused on fuel efficiency. The Ford Focus saw sales jump 24% for the month, while Toyota's subcompact Yaris saw sales rise 83% and Honda's subcompact Fit saw a 74% jump. GM and Ford said consumers are also choosing more fuel-efficient four-cylinder engines over six-cylinder options. Ford's top U.S. sales analyst, George Pipas, said 70% of Ford Fusion buyers are now getting the four-cylinder engine for the midsize car, compared to 60% at this time last year.

U.S. auto sales drop in March - Apr. 1, 2008

[newguy88]

Stop with Europe is paying 7 8 and 9 dollars a gallon, they have GREAT RAILROADS!! Great public transportation which is subsidized by the govmints. We have none. Our economy has been built on cheap gasoline and the automobile. We have no real railroads.

You don't really need a car in europe for day to day living. and when they do drive it has been a small gasoline or diesel vehicle that gets over 40 mpg. Not the idiotic full size pickup or dumb suburban, or better yet a Hummer!