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Forcast now is $3.00 per gallon by next year. If this happens how much effect do you think this will have on our hobbie? Car values, time driving etc.
Almost all collector vehicles are driven so little that the cost of gasoline is insignificant compared to all the other expenses required to keep them rolling. I'm more worried about 20 or 30 years down the road. The high gas prices are going to cause a shift to other fuel sources (hydrogen, electric, ???) which may make gasoline obsolete sometime in the future. It really amazes me that we can drive a car built 80 years ago and still fuel it anywhere. Eventually I don't think that will be the case.
at $3/gal, that's about $55 to fill up and will entertain me for a full day at LEAST. Last time I took the family to the movies, it cost me $50 for two hours of marginal entertainment...
Seriously, based on the cost of living index, gas is cheeper today than it was in the 1950's. It also consumes a lower percentage of personal income today than it did then. This is all media hype. How much did a house cost 20, 30 or 40 years ago? How about a car, a loaf of bread or anything else for that matter? What would your income have been back then? Come on, we don't complain about $20.00 a gallon bottled water, but $3.00 a gallon for gas is high? Even at $3.00 we will have the cheepest gas in the world. Ever read in the papers that the sky is falling because of the high cost of news papers? Journalists are not necessarily experts or even knowledgeable. Where's OJ when we need him?
I don't like paying more at the pump, But in my first year of college a gallon of gas was 1/4 of my hourly wage. It's cheaper now compared to my income. If it gets back there again I'll still be driving my Vette.
I will still be filling her up with super, when she's empty no matter what the cost. When I go for a ride, it clears my stress. That's worth a million each time I get out, so $3.00 a gallon is nothing.
we hit close to 7$ today The weather is nice and I was driving my truck every day last week but I put it in the garage again, over 60$ a day on gas was a little too much still enjoyed driving it though.
Last edited by Twin_Turbo; Jun 21, 2005 at 07:10 PM.
at $3/gal, that's about $55 to fill up and will entertain me for a full day at LEAST. Last time I took the family to the movies, it cost me $50 for two hours of marginal entertainment...
Nope. Still gonna drive.
Here the gas is 1$ a liter and i enjoy every penny of my dollars spend on fuel for my vette.