Last weekend we went up to Massachusetts for my niece's baptism. We filled up twice and passed lots of stations in different states. I heard on the radio this morning that the national average, currently $3.62, has gone up $.15 in the last two weeks and $.30 in the last month. Here's what I saw:
5/2 New Jersey $3.79
5/4 Worcester, MA $3.57
5/4 Connecticut $3.85
5/4 CT - NY border $3.97 ouch!
5/5 Brooklyn, NY $3.79
I'm not one for political-economic commentary on my blog, but I see that this is bad. It's also complicated. My dad looks at it this way - he remembers when he could fill up for $5. Now it's 12 times that but he makes much more than 12 times what he made back then, so he's ok with it. I guess any way you can find to be ok with it will save you some stress, but not everyone has the luxury. It makes me sweat to fill up but we can't complain too much because we drive so little relative to the nation at large - Ed commutes on public transportation and I walk almost everywhere. I also heard on the radio some people expect it to climb another $.30 before it peaks. I remember just before we left Colorado 3 years ago it was just breaking $2/gallon - an outrage! It helps to talk to Ed - my financial tutor - about things like this because he can put it in a broader, even historical, perspective. Even so, it's bad. Depression and inflation at the same time spell trouble. Boo for air travel going through the roof just as Dave moved to England! Hip-hip-hooray for food storage, paying tithing, public transportation and stockpiling rice and gas if that summer tax cut happens, which I am against, by the way. Even I can see it's pointless to solve a problem by causing ten more.
What's the damage where you live - how much are you paying for gas right now?