How high will it go?
It's been over a year since I haven't drove on a daily basis (to be exact, 1 year and 5 months). Just for fun I wanted to see how much I used to spend on gas and how much this saved me.
To start, I didn't have a real fuel economy car, but a Full Size Chevy Silverado with a 34 gallon fuel tank.
Average cost of gas is $3.25 a gallon in my area now, so it would be $110.50 to fill it up.
I commuted 130 miles per day (65 miles one day) for work, 5 days a week. A total of 650 miles per week, just for work. Throw in 260 miles for miscelannous weekend trips and additional commuting while at work between sites. A total of 910 miles per week.
My truck, on a good day, would get 17 miles a gallon. So, per week, 53.5 gallons of gas.
Lets break it down to the month, a total of 214 gallons of gas per month.
At $3.25 per gallon and using 214 gallons per month I was spending $695.88
Yes, these numbers are accurate. My 2003 truck racked up about 170,000 miles with all my commuting.
So breaking it down even further I was spending $695.88 per month so over my 17 months of not commuting daily by working in New York City I've saved a whopping $11,830 in gas!
It's pretty amazing when I look at the number like this.
Honestly though, how much higher can gas prices go? While I'm not commuting daily I still have gas costs for commuting to the properties for myself as well as management staff.
The gas prices are also slowing down my rentals as people don't want to spend money in gas to commute 2 hours from DC.
When will gas prices go down? My guess, never. Everyone that is commuting on a daily basis, like I was, are going to be forced to move close to where they work and not live in such a rural area. It's sad but I certainly know I wouldn't be able to afford commuting daily like I used to.
- jamz's blog
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