Tuesday, August 12, 2008

Gas is Cheaper Now Than in the Sixties?

That's right, gas is actually cheaper now than it was in the sixties. Comparatively speaking. Check out this article from the L.A. Times:

http://www.latimes.com/news/opinion/commentary/la-oe-goklany11-2008aug11,0,3798951.story

After you adjust for inflation, when you look at the price of gas relative to the amount of otherwise disposable income you have, the cost of gas actually took more out of your wallet back then than it does now. And let's not forget that we pay significantly more per gallon of bottled water than we do for gasoline. If we pay $1.25 for a 16 oz. bottle of water (which is likely just filtered water like the kind you can get out of the tap), that's roughly $10.25 per gallon that comes in one of the least environmentally-friendly packages you can ask for. Food for thought.

As my family looks at the possibility of getting a second car (something a bit safer for the ill-plowed winter streets of Denver), we're definitely worried about the increased cost of gas. Anyone have any suggestions? In the meantime, we're grateful for our Costco membership and all it lets us save on gas.

2 comments:

Bitner said...

Used Pilots have great value and since SUV prices are falling, I'm sure you can find the most fuel efficient SUV at a decent price. Safe on the roads without blowing your gas budget.

Melanie said...

maybe try the CRV - not so big, but still great Honda driving and bigger than the civic.
my first thought was the Pilot as well, cuz I want one