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$3.62/gallon


  $3.60/gallon 
  Originally uploaded by fredwilson.

The last time I filled up it cost me $54 for almost 18 gallons.

This morning I spent just over $50 for less than 14 gallons.

This is got to have an impact on the economy.  How does a family living on a tight budget deal with this?

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Posted September 1, 2005 in Photo of the Day

Comments

Everybody should telecommute. ASAP.

Teleworking -- Is It Right For Your Enterprise?
http://www.ecommercetimes.com/story/45606.html

Telecommuting Safety Tips
http://davidbau.com/archives/2005/07/19/telecommuting_safety_tips.html#more

Posted by: Dimitar Vesselinov | Sep 1, 2005 12:23:52 PM


There was mass hysteria yesterday in Atlanta. The price of fuel skyrocketed to $5 a gallon in some places.

Posted by: Raj Bala | Sep 1, 2005 3:14:45 PM

I'm not bold enough to call myself poor, but being newly married, new in my career, still in (expensive) school and living in silicon valley I'm not rich either. Jill and I have two cars, a ten year old Nissan 200sx (30-35 mpg) and a newer Toyota Tacoma (19-23 mpg). Jill works part time and her commute is about 10 mintues 3 days a week. My commute is just as short. Neither of us drives over 150 miles a week excluding trips etc. However, psychologically I can't bring myself to accept that I'm paying over $30 to fill up my little gas saver Nissan. I'm careful to fill up at the Costco station near my office. Gas there is easily 5-6cents cheaper than anywhere else in my normal driving routine. Fuel prices aren't pinching our wallets, but I'd say my perception of the price increase has made me wary.

Posted by: Scott | Sep 1, 2005 3:44:04 PM

Try living in the UK guys! We're at about equivalent of $8/gallon. Enjoy your cheap gas ;)

Posted by: Jim Beggs | Sep 1, 2005 6:11:18 PM

I am with the first guy. I work on the Internet. I consult on Internet Performance. Why do I have to drive 45+ minutes each way everyday when I work on the Internet?

smp

Posted by: Stephen Pierzchala | Sep 2, 2005 9:16:40 AM

humans rarely are proactive. instead we are reactive, and sometimes only when there is a disaster. there are tons of ways to reduce dependancy on fossill fuels, but they are expensive, so we don't do them. huge increases in fuel costs may be a terrific thing even though they hurt because we will react, and make changes.

couple of simple things that would drive the message home, and show the masses that rich people -- not just normal people -- will sacrifice:

100% surcharge on fuel for private jets and planes (including corporate aircraft)

100% surcharge on fuel for private recreation boats larger than say, 25 feet

100% surcharge on energy for second (and third) homes

25% sales tax on gas guzzlers

100% energy surcharge on "energy guzzler" homes (any home larger than, say, 3500 square feet)

50% sales tax on business class and first class plane tickets

25% sales tax on limosine services

etc...

Posted by: steve | Sep 2, 2005 10:22:07 AM

Do as Bush asks: don't buy any gas!

The guy's a genious. Why didn't anyone else think of this? Especially just before labor day weekend.

Posted by: SV Sleuth | Sep 2, 2005 2:04:48 PM

I understand the other suggested taxes, but this one doesn't make any sense:

"50% sales tax on business class and first class plane tickets"

The other items penalize people who use services that are energy-inefficient. Why would you penalize people for flying business/first class, which would lead to empty seats (and net inefficiency on planes that are flying anyway?)

Plus, it would only encourage businesses to use private jets, which is exactly the opposite of the intent.

How about this as an easy first step: remove or rewrite the tax exemption for light trucks that's being used to pay for SUVs and other luxury vehicles. Mandate either that they only have 2 passenger seats, or that they be limited to commercial vehicle roadways. Stop the peverse incentive system that right now encourages people to buy gas hogs because by being over 3 tons they qualify for the commercial vehicle tax exemption.

Posted by: Tom K | Sep 6, 2005 3:25:15 PM

To the original point...how does a family on a tight budget live in this situation...they don't...in Cleveland alone the number of foreclosures are up 10X since just five years ago. 2k to 20K. The gas situation is only adding to the problem. I am starting to get the feeling that we are all just boiling frogs and we dont even know it yet.

Posted by: Dave | Sep 9, 2005 7:12:41 PM

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