If you drive 20,000 miles a year in a four-wheel...
by Kbyrnes (2022-05-24 18:47:54)
Edited on 2022-05-24 18:48:34

In reply to: Is there any end in sight for these insane gas prices?  posted by mocopdx

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...and get 25 mpg, the 800 gallons will cost you $4,000 at $5.00 per gallon. At $3.00 per gallon, you'd save $1,600 or $133.33 per month. This is a significant amount for many; but for many others, including, I perhaps erroneously assume, a good number here, an extra $133.33 per month will not lead to ruin. It's certainly a very regressive feature of inflation.

One solution: go hybrid or all-electric. My '21 Camry hybrid, which was getting 40-50 mpg last year, has recently been reaching into the 60 to 70 mpg range. For example yesterday morning I took I-290 from Elmhurst to downtown Chicago. There was a lot of slow going, though it picked up around Ashland. Anyway, I pulled into the Tower Parking self-park on Franklin and saw 72.3 mpg on the display, which is my highest single trip figure yet.

Think of your gasoline price per mile driven, not per gallon purchased. If I average 50 mpg, at $5.00 per gallon my cost is $0.10 per mile; at 30 mpg, it's about $0.17 per mile; and if you're driving a 2021 Escalade, you're reportedly getting about 17 mpg for $0.29 per mile.

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