MickinMD ★ Posted May 24, 2022 Share #1 Posted May 24, 2022 I hope the bank's analysts are wrong about $6/gal gas, but the $4 we paid in 2008 is $5.37 with inflation now. My little Honda Fit has just a 10.6 gallon tank so when I filled it up with 8+ gallons, I wasn't thrilled with the $38.09 price: $4.599/gal. My sister just drove her Honda Passport back from Phoenix and moaned about the cost of gasoline. Today, YahooFinance has this headline: Gas prices 'could climb to $6/gal or even higher,' says JPM analyst Gas prices could go above $6 per gallon nationwide by August, say JPMorgan analysts.// With expectations of strong driving demand this summer, "U.S. retail price could surge another 37% by August to a $6.20/gal national average," writes Natasha Kaneva, head of the global commodities strategy team at JPMorgan. Link to comment Share on other sites More sharing options...
Longjohn ★ Posted May 24, 2022 Share #2 Posted May 24, 2022 Nancy and Itsaso leave on Friday for a two week road trip out west. They will burn a lot of gas. Link to comment Share on other sites More sharing options...
Road Runner Posted May 24, 2022 Share #3 Posted May 24, 2022 I'm glad I don't have to drive to work anymore. It used to be 60 miles round trip each day. My current vehicle gets 20 mpg on a good day on the highway. That would be almost $20 a day for gas. $100 a week. In my first real job in 1966, I only made $80 a week. 1 Link to comment Share on other sites More sharing options...
Further Posted May 24, 2022 Share #4 Posted May 24, 2022 Starting to hear some bitching from the big diesel pickup drivers at work Diesel is already over 6 dollars a gallon and they prolly get less than 10 miles a gallon. Link to comment Share on other sites More sharing options...
ChrisL Posted May 24, 2022 Share #5 Posted May 24, 2022 We are nearly there now in SoCal…. Link to comment Share on other sites More sharing options...
jsharr ★ Posted May 24, 2022 Share #6 Posted May 24, 2022 Gas is still free in Texas. 1 2 1 Link to comment Share on other sites More sharing options...
Road Runner Posted May 24, 2022 Share #7 Posted May 24, 2022 8 minutes ago, jsharr said: Gas is still free in Texas. Siphoning is not the same as free. 1 Link to comment Share on other sites More sharing options...
Wilbur ★ Posted May 24, 2022 Share #8 Posted May 24, 2022 JP needs to look north of the border. Link to comment Share on other sites More sharing options...
team scooter Posted May 24, 2022 Share #9 Posted May 24, 2022 I've been riding my 75 mpg, groovy little motorbike to work when it doesnt rain. If I could ride it every day, I'd only need a gallon of gas per week. Link to comment Share on other sites More sharing options...
Kzoo Posted May 24, 2022 Share #10 Posted May 24, 2022 JP has been dead for decades. Link to comment Share on other sites More sharing options...
Road Runner Posted May 24, 2022 Share #11 Posted May 24, 2022 1 minute ago, Kzoo said: JP has been dead for decades. Jif Peanut Butter was a favorite of his. 1 Link to comment Share on other sites More sharing options...
12string Posted May 24, 2022 Share #12 Posted May 24, 2022 What I find interesting is gas prices being the HYUGE problem that everyone wants to cry about (not saying that's what this thread is about) but people are currently setting records for miles driven. So, is it a big deal, or not? Tried to fill my truck while out of state. Couldn't fill it, got cut off at $120. CC companies are making out on this Link to comment Share on other sites More sharing options...
Prophet Zacharia Posted May 24, 2022 Share #13 Posted May 24, 2022 1 hour ago, jsharr said: Gas is still free in Texas. Because of all the beans in yer chili. 1 2 Link to comment Share on other sites More sharing options...
BR46 Posted May 24, 2022 Share #14 Posted May 24, 2022 For our race in Topeka Kansas a lot of the east coast teams are not registered and if gas keeps going up I might rethink our west coast trip. It rufly 5,000 miles that we were planning and at a average of 9 to 10 miles per gallon it could be costly. We would have about $3,000 for gas, $700 in entry and gate fees then figure in food, the occasional camping fees. All to win a 3 dollar trophy. 1 1 Link to comment Share on other sites More sharing options...
ChrisL Posted May 24, 2022 Share #15 Posted May 24, 2022 16 minutes ago, BR46 said: For our race in Topeka Kansas a lot of the east coast teams are not registered and if gas keeps going up I might rethink our west coast trip. It rufly 5,000 miles that we were planning and at a average of 9 to 10 miles per gallon it could be costly. We would have about $3,000 for gas, $700 in entry and gate fees then figure in food, the occasional camping fees. All to win a 3 dollar trophy. But the experience is priceless. Monterey is beautiful. Check out Cannery Row, Big Sur, breath in our salt air and race a world class track. 2 Link to comment Share on other sites More sharing options...
MickinMD ★ Posted May 24, 2022 Author Share #16 Posted May 24, 2022 2 hours ago, Road Runner said: I'm glad I don't have to drive to work anymore. It used to be 60 miles round trip each day. My current vehicle gets 20 mpg on a good day on the highway. That would be almost $20 a day for gas. $100 a week. In my first real job in 1966, I only made $80 a week. I got my first Social-Security paying job in 1967, at a fast food place in high school and was paid $1.25/hr. Of course, gas was $0.33/gallon then. By 1970 I was making $2.10/hr. In 1971 I took a pay cut to get a job on campus at $2.00/hr. In 1977, I got a job as an industrial research chemist for $16,000/yr. ($73,000 in today's money). I had reached the promised land! I got a new car. a big 25" color TV and a 12-string guitar. 1 Link to comment Share on other sites More sharing options...
Road Runner Posted May 24, 2022 Share #17 Posted May 24, 2022 2 hours ago, Road Runner said: In my first real job in 1966, I only made $80 a week. $2.02 an hour. My take home pay after state and federal taxes, retirement, and medical insurance was about $60, IIRC. Link to comment Share on other sites More sharing options...
BR46 Posted May 24, 2022 Share #18 Posted May 24, 2022 33 minutes ago, ChrisL said: But the experience is priceless. Monterey is beautiful. Check out Cannery Row, Big Sur, breath in our salt air and race a world class track. That's why I want to go. I've raced some fun club tracks but when you get to burn laps on the world class tracks its something special. 1 Link to comment Share on other sites More sharing options...
Longjohn ★ Posted May 24, 2022 Share #19 Posted May 24, 2022 54 minutes ago, BR46 said: We would have about $3,000 for gas, $700 in entry and gate fees then figure in food, the occasional camping fees. All to win a 3 dollar trophy. What a deal. Here’s one in case you decide not to go. 🏆 1 Link to comment Share on other sites More sharing options...
BR46 Posted May 24, 2022 Share #20 Posted May 24, 2022 7 minutes ago, Longjohn said: What a deal. Here’s one in case you decide not to go. 🏆 We will probably just go but change the trip a little to save a few miles. I don't know how many opportunities I will get to Laguna as a family.....and I want to see how Wo46 handles the corkscrew. 1 1 Link to comment Share on other sites More sharing options...
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