Wednesday, October 17, 2012
Gas Prices
I think the whole issue of gas prices is actually fascinating. What price per gallon do you actually think is reasonable? Reasonable for from perspective of what you can afford in your personal budget or reasonable from the perspective of the value of the good/service being provided? I'm really curious to hear what people have to say about this. Is $4.00/gallon too much? If so, why? And vice versa, is $4.00/gallon too little to pay?
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If you drove a car that got 18 miles to the gallon and gas prices were $4/gallon. You could travel 18 miles for $4.
ReplyDeleteFor comparison:
-If you traveled 18 miles on Caltrain (commuter train service) it would cost you $5-7.
-If you traveled 18 miles in a New York City Taxi it would cost you more than $30.
-If you traveled by bicycle and you fueled your ride with Clif Bars, it would cost you about $15. If you fueled the ride with potato chips, if you made it, it would cost you more than $5.
-If you traveled 18 miles on a ferry in the San Francisco Bay area it would cost more than $10.
So even at $4/gallon, it would still be the least expensive way to travel.