03-09-2012, 01:26 PM
Gas......What an Issue for me.
Gas is from what I am told from our suppliers is forecasted to go up over $5 this year. I am also being told that if it keeps at the same pace, we will be over $6 and $7 dollars in the coming years. Now is this a political ploy right now for Obama? You know elections are coming up, so wouldn't it be huge for the prez if sometime closer to elections he might do something about the prices to get them down? I know he can't control it outright himeself, but it sure would make him look like a superstar...which in my eyes, he isn't. Anyhow......in my business, we use a ton of gas. For example:
In 2007 I used 223,090.64 gallons of gas for my fleet at a cost of $597,243.19.
compared to:
In 2011 I used 247,154.42 gallons of gas at a cost of $850,240.36. That is a 22.18% increase in cost for me at an average of $3.44 per gallon.
So projected for me in 2012, let's say at your $5.10 /g estimate is brutal and probably a very probable guess. That'd put me at $1,260,487.50 at that projected cost and that's only if I use the same amount of fuel. Awesome eh? lol
So the gas for the last 6 plus years has only trended upwards (except for 1 time in 2009 when it averaged a low $1.91 /g). So I wouldn't be excpexting it to go down anytime soon. You best start saving for that high fuel economy vehicle if it might become an issue for you.
Loppy
Gas is from what I am told from our suppliers is forecasted to go up over $5 this year. I am also being told that if it keeps at the same pace, we will be over $6 and $7 dollars in the coming years. Now is this a political ploy right now for Obama? You know elections are coming up, so wouldn't it be huge for the prez if sometime closer to elections he might do something about the prices to get them down? I know he can't control it outright himeself, but it sure would make him look like a superstar...which in my eyes, he isn't. Anyhow......in my business, we use a ton of gas. For example:
In 2007 I used 223,090.64 gallons of gas for my fleet at a cost of $597,243.19.
compared to:
In 2011 I used 247,154.42 gallons of gas at a cost of $850,240.36. That is a 22.18% increase in cost for me at an average of $3.44 per gallon.
So projected for me in 2012, let's say at your $5.10 /g estimate is brutal and probably a very probable guess. That'd put me at $1,260,487.50 at that projected cost and that's only if I use the same amount of fuel. Awesome eh? lol
So the gas for the last 6 plus years has only trended upwards (except for 1 time in 2009 when it averaged a low $1.91 /g). So I wouldn't be excpexting it to go down anytime soon. You best start saving for that high fuel economy vehicle if it might become an issue for you.
Loppy