Wednesday, July 16, 2008

Gas breaking Point - My Predictions

Do you know what the breaking point in gas prices is? I know. it is simple.

$6.33- $7.67/gallon. In other words, equilibrium.  When the US is on par with Europe in gas prices, we will watch a nation break.

At that price, people with small to medium sized sedans with 13-15 gallons tank will pay $100 for gas.

SUV will guzzle $126- 152 per filling. it wont matter if the car does 20 miles per gallon. More than a $100 each filling will literally kill families off.

Imagine, the regular family that lives in the suburbs, 25-40 miles from where Dad work cuz this is where he can buy a house. throw in groceries run, soccer practices, church, movies and eating out, we are easily filling up every week. $504- $608 a month for just gas.

Remember, at $7.6 per gallon, even a Toyota Yaris will cost almost a $100 to fill up. Even if you fill out 3 times a week, that still comes to $378 a month.

This amount is rivaling many car payments people can make these days. If you are unlucky enough to pay more than $400 a month for your car loan, then congratulations.. you are royally getting a hosing.
 
Most people live check to check right now so how much more can we take?

Things can get scary real quick.  The US has the innovation to go greener and push for alternate forms of transportation.  Public transportation can only take you so far especially in places like Texas.

Motorcycles makers are rubbing their hands and laughing maniacally.

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