Official Gas Price Rant ThreadApril 22, 2008
First off, name this graph:
If you guessed “Exxon Mobil’s stock price for the last 5 years” (or something similar), congrats, you nailed it. As it turns out, Exxon is also the most profitable Fortune 500 company for the 5th year in a row as well.
Then we have this graph:
This one charts gas prices over the last 90 years, adjusted for inflation. I couldn’t help but notice that the adjusted price hit the lowest point right before Bush took office, has steadily increased during the last 8 years, and managed to hit the highest point ever today.
Anyway, I’m going to leave any rants or theories on this for the comment section. I’ll try to add more later when I have time.
Update: Since I’ve recently taken my 2000 Cougar (yes, my car has a website too!) out of the garage, I’ve decided to do what a lot of people are doing these days, and track my fuel economy and wrap my brain around this. I’ve never really paid too close attention until lately, so I finally made it over to fueleconomy.gov to see what the official EPA estimates were for my car MPG wise:
(yes, I inserted the pic of my car in there, so what?)
Now, I don’t do a lot of driving around in this car. The vast majority of my driving is to work and back and is highway miles (20.65 one way, according to mapquest). I’ve given it 2 days now and some of my engine mods notwithstanding, the EPA estimate seems pretty accurate. The digital readout in my dashboard is reading and average of 26.8 MPG. Not too shabby, I guess, considering it is a V6 with 66K miles on it.
Anyway, the fueleconomy.gov site has a neat calculator that allows me to figure out how much this is actually costing me over time. To make the math easy, I’ll just figure out how much I’m spending to get to work and back. Let’s see…I’ll round it to 41 mi/day X 5 days/week x 52 weeks/year = 10660 miles. If I go with a rough guess that 85% of that is highway miles, the EPA calculator gives me an annual cost of….
That’s $1559 a year, in GAS…. just to go to work (assuming the prices stay constant, which of course they won’t). That’s a pretty serious chunk of dough! Of course, if I drove a 2008 GMC Yukon, I’d be rockin it at over $2000, so I suppose I should look at the bright side. But DAMN! It really puts things into perspective, and gives you an idea of how much money one can save by either living closer to work or driving a more fuel efficient car.