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Just curious how the folks on the "FRUGAL" forum will economize as the gasoline price climbs this year? ME? I'll be riding my motorcycles. One gets about 50mpg, the other in the low 40's. I'll also drive a little slower on the highway? If I do that my Buick LeSabre gets about 30 mpg. Maybe some will not cut back at all!! Just curious. Oil hit $ 108.00 a barrel today.
I am a minimum of 13 miles from everything (my kid's school, the closest convenient-type store, the closest feed store) and 25 miles from the better selection of grocery stores, Goodwill, etc. My 20-year-old station wagon gets 30 mpg; my truck gets 20 mpg (which is why there is a bale of alfalfa and a bale of straw in the back of the station wagon LOL).
If it were just me, I could set it up that I wouldn't have to leave the homestead much at all - do as much as I can in one trip (I already do that) and get it down to having to only drive once a week, or at most twice. Unfortunately I have a very active teenager - he's in the school pep band so he has to go to all the games (it's basketball playoffs right now), as well as other school functions. In the fall, he runs cross country and has practice five afternoons a week (a 26 mile round trip to pick him up).
He just got home from school and started talking about a friend's sister's birthday party tomorrow after school. I told him that with gas at almost $4.00 a gallon (I paid $3.99 today), he is going to need to ration his non-school-related activities. So, he agreed to skip the birthday party, but there is a game Saturday evening and I agreed that I would take him into a friend's early so he can "hang out" beforehand. That means two round trips (for a total of 52 miles) but taking him in early doesn't add anything to that.
Other than that, I don't think I can do much more.
Benefits the Energy stocks so I am good. As long as the stock market does well I am happy. I could care less for that lousy dollar or two per gallon spike.
According to my calculations with my average yearly driving, every $1 increase in the gallon cost of gas increases my gasoline costs by about only $360. That's easily offset by the gains in my investments (energy stocks, commodities, etc.)
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