It’s like that horror movie we’ve all seen, where we’re certain that the monster has been slayed, but just when we think its safe to go back in the water again….
Over the Christmas holiday you may have noticed the signs. No, not the tell-tale signs, the actual retail signs at the service station heralding a new era of gas prices above $3, and if you’ve been reading the press lately the predictions are that its going to get worse, possibly much worse.
Around Thanksgiving AAA set things in motion by predicting gas prices of $3.50 by this spring. This was enough to get the journalist circling as they could smell blood in the water. Soon after Thanksgiving analysts further baited them with predictions even higher, up to $4 a gallon. Without skipping a beat, many of them bit.
And then, right on the heels of Christmas, the ultimate chum was thrown in the water, $5 gallon by 2012! Let the feeding frenzy begin! There’s no telling where the actual price will end up, but one things for sure…we’re gonna need a bigger boat (or at least a more fuel-efficient one).
What do you think of these rising gas prices? Share your comments below.
For our inaugural post on the Cost2Go blog I thought it might be fun to look into the future by adding the Chevrolet Volt into our Galculator (fuel cost calculator) on Cost2Drive. The timing of this coincides with two conferences in Texas this week; TravelCom 2010 in Dallas and the SXSW music/film/technology conference in Austin where Chevrolet is a sponsor, and will be hosting a Chevy Volt Recharge lounge at the event.
So what would it cost to drive a Chevy Volt if we had one in our hands today? Well, first we need to understand the fuel economy of the vehicle. We looked to a CNN/Money article from last summer to learn that the Volt is expected to get 230 mpg for commuting-type driving and 62.5 mpg for longer distance highway driving where the route extends the 300 mile range of the vehicle (based on a 6 gallon fuel tank).
We’ve plugged this information into our Galculator on Cost2Drive so you can now select the 2011 Chevrolet Volt as your vehicle and find the cost of driving any route in the US. Our Galculator also calculates the cost of flying for trips over 200 miles so you can see if its cheaper to drive a Chevy Volt or cheaper to fly. You can also use it to compare the cost of driving your own car versus the Chevy Volt.
Just for kicks we entered the route from Lansing, MI to Austin, TX (location of the SXSW conference) driving a Chevrolet Volt and the cost is $59 each way based on current fuel prices along the route. The cheapest airfare for that route is $277 (roundtrip on Delta) so in this case its definitely cheaper to drive…if you don’t mind spending 2 days on the road.
Check it out here and select the 2011 Chevrolet Volt and let us know what you think!
(Note that our Galculator does not yet include the cost of electricity so that cost, though likely nominal, is not factored into the cost calculations)