March 12, 2008
Get Off Your Gas, Get on Your Bike
Oil prices are nearing US$110 per barrel. Adjusted for inflation, this blows away any previous record prices for oil. Gas at the pump is now nationally above $3.20 per gallon. Pretty soon it might be cheaper to run our cars on Starbucks coffee. With current worldwide demand for oil soaring, supply declining, and our continuously weakening dollar, gas prices may hit $4.00 a gallon this year. What does this mean for the average commuter with an 8-mile commute? With spring just around the corner for most of the US, now is the time to make the commitment to ride - even if its only 2-3 days per week. This will cut your fuel costs in half, make you look and feel great, keep your doctor off your back about getting more exercise, and maybe give you that new passion in life you've been searching for.
1 Comment
With an 8-mile commute (each way), that's 16 miles a day, or about two thirds of a gallon for a car with 24 miles to the gallon. At current prices, that's $2/day. That's even more if you can manage to not buy a second car and pay tax, registration, insurance, parking, etc. Also, I think most insurance companies will give you a discount for not using your car to commute every day. I get a 10% (or something like it) for commuting on my bike.
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