Gas Predictions

by Handsome Matt

Gasoline hit $3.00 a gallon towards the end of 2010 and is being rumored to hit $4.00 to $5.00 through this year and into next.

This is not going to turn into a rant about being stuck in a captive market that has multiple parties benefiting greatly (free market indeed…), but a simple question:

How are you going to survive without your car?

That’s what it’s going to come down to. $4.00 a gallon translates to an extra $20.00 a fill-up for a 20 gallon tank. Hopefully that will last two weeks, meaning a person is only paying $160.00 a month total. However, if you have to fill up every week (like most of us), it costs an extra $80.00 a month to survive.

Make no mistake, living without a car in 95% of America is impossible. You need a car to work, to get food, to do everything necessary to survive. Yet if/when gasoline hits $4.00 a gallon, it will cost a person $320.00 a month to survive.

That’s in gasoline alone, not including car payments, insurance, wear & tear.

So, when gasoline hits $4.00 a gallon, what are you going to do to survive?