Friday, October 10, 2008

The Joke that is Gas Prices

So I learned today on Good Morning America that if gas prices remained at this Summer's highs (about $4.49/gallon), a family of four would spend about $4,500 a year in gasoline. "Wow" you may be saying, or at least I was. But not quite. You see, they went on to say that now that gas has come down to about $2.49/gallon (a savings of $2/gallon), it will save the average family $700/year.

$700 a year???

Come on guys. Then why do we constantly quibble over gas prices going up and down by fractions of a dollar...really pennies...when the average PERSON is going to see a difference of about $300 a year even for a significant increase or decrease! Lets face it, gasoline has been undervalued for most of our lives anyway. Back in those "good 'ole days" where gas was under $1/gallon it was STILL priced at HALF the cost of a freaking gallon of MILK. What do you believe to be more valuable---a gallon of milk or a gallon of gas? I consider these past few years as the market merely catching up to where it should have been a long time ago.

Don't get me wrong, I am not for gas prices skyrocketing to out of control heights, but I know Jake and I both put so much emphasis on gas prices while simultaneously going out and spending well over $400/month outside of our budget on stupid crap---electronics, clothes, furniture, and the list goes on. Fuel efficiency should still be important, but perhaps we should put our money where our mouth is and keep gas prices in perspective.

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