$2.39/gallon for the cheap stuff.


The picture...

Priceless.

Sweet. Is that a single speed with a coaster, or a fixie?

$2.49/ gallon, regular, here in SW Ohio today. Highest ever.

It's a coaster for sure......check out the hub....

2.69 in San Diego yesterday...

good lord look at those prices, wow i'm glad i'm getting a military discount. running 2.19 down here at Ft Bragg

Just spent $41 for 15 gallons of super. Friggin crazy!!

It rose seven cents overnight in New Orleans to $2.26. Thankfully I have sworn off internal combustion, but inflation could affect everyone.

Funny cartoon.

Nonetheless, gas prices rise, driving habits stay the same. I wonder how high prices will go before the mighty auto is de-throned. My bet is on $4.00 / gallon. Then a big fill up will be triple digits. It will happen, but not soon. Not soon enough, IMO.

Here in my part of Canada, the price is approx $4.90 per gallon (1.08 per litre)

I've never really paid attention to the gas prices since I don't drive. Just me and my bike....

As far as gas prices go, I feel very luck living in the U.S. as we have been paying the lowest prices for gas for many decades compared to the rest of the world. Therefore, relatively speaking, I consider paying even $4/gallon, cheap....

Me neither.

But if the price of peanut butter starts rising . . . . Oh-oh!

Curses to the Organisation of Peanut Exporting Countries!

Cheapest in town is $2.21

We're averaging $2.20 here. Luckily, I have a very small car with a very small tank and very good gas mileage. Still trying to bike as much as possible, though!

True. I still see plenty of jumbo SUVs and trucks hauling azz everwhere . Fortunately, with my flexible schedule, I've kept driving in my commuter car to a minimum: only ~ 28 gal. of gas a month (currently @$2.51/gal regular).

Big Oil and energy companies are obviously reporting record profits and early retirement for their top execs. THANK YOU to all gas guzzling vehicle drivers for making my investments in aforementioned companies soar.

Has anyone ever heard how much of American military expenditure goes directly and indirectly into protecting U.S. energy interests? I know that America has the most expensive military machine on the globe and just wondered how much of its citizens tax money goes to subsidize the price of gas at the pump? Not that I am complaining, because the rest of the world is free-riding, in a sense, off the U.S. energy protection expenditure. Does it add a couple cents to the price of a gallon or is it closer to a dollar? Just wondering.

average of only USD8.76 (GBP4.90) a gallon in the UK

Hey, UK prices look high even from here: average USD5,83 per gallon (1,267€ per litre) for the unleaded 95E.

--J

Sad but probably true.

My wife works with a lot of people who drive 20-40 miles one way to get to work and many have gas-guzzling SUVs (comfort-mobiles for the long haul). Bike commuting isn't an option for them --- but they made the choice to live way out in the hinterlands. Those folks will be the ones who will really suffer with rising gas prices.


I my bike.

It's been up at 99.5 cents/liter for a few days here. I think the reason they didn't go past $1.00 is because the signs are only capable of displaying three digits!

I'm not looking forward to the winter, when it will be too bloody cold and icy to ride...

Yep, that's me.

Or if you change jobs, it's not too easy to change homes here in LA. Got $800,000 for a new crackerbox? If not, you live in Riverside and work in LA.

Many companies (mine included) went to a four day work week. So there's one day of commuting saved.

Also, I drive half way to work and bike in the rest of the way. It's not much, but it's better than nothing.

k71021, I've never heard of it put in those terms, and in fact I think it would be fairly difficult to quantify. Obviously we have a large presence in the middle east, (larger in the last few years) and someone somewhere in the Army could probably give us the total cost of that presence in salary, consumables (bullets, food, etc), depreciation (how many years can you drive a hummer in the desert before it is worn out?) etc. Then divide that by the number of gallons of gas we import from the middle east, but even that wouldn't be a really accurate number.

The military expenditure is done in order to keep supply available, which keeps prices down. So saying how much of the gas price is paying the army isn't really a valid question. The answer is probably "none". I think most gas taxes are for local governments and mostly for highway department budgets and stuff.

Thanks Eggplant Jeff, but that was not my question. Sorry for not asking it clearly enough. I meant how much of an American’s income taxes, corporate taxes, et cetera that go into the pentagon’s coffers are spent on “… keeping supply available”. It is basically a hidden subsidy for the entire petroleum value chain receives; from exploration to the end consumer. And yes, most of the world benefits from it but I guess not everyone feels they are exactly beneficiaries. I was not referring to the amount of money that comes from fuel taxes (which is what I think you were focusing on in paragraph two) but what should be added to the price paid at the pump to adjust for the government’s expenditure in protecting those supplies. It is actually paid out of the tax payer’s pockets (or their children’s pockets) in addition to what is paid per gallon at the local Chevron.

Of course it would be difficult to estimate, and I don’t really expect someone to come up with an exact figure. I was just wondering if anyone has ever read any estimates of it.