Saturday 24 November 2007

$100 fill-up coming to a pump near You

Motorists in many parts of the country are paying the highest post-Labor Day prices ever this November.
By Bankrate.com

With speculators running up the price of a barrel of oil to the $100 range, there can be little doubt that the average price of a gallon of regular gasoline is headed for $3.50, and maybe even $4, before there's any sort of fallback. While such price increases will pressure new-vehicle buyers to look for more-fuel-efficient vehicles, there's a real sticker shock awaiting those who need or want a big sport-utility vehicle or pickup.

Those vehicles are among the thirstiest gas guzzlers, delivering an average of 14 to 16 miles per gallon in combined city-highway driving if a driver is judicious with the gas pedal. The real shock for drivers of these automobiles will come when the tank approaches empty and it's time to fill up. Because they burn a lot of fuel, these vehicles have larger gas tanks, which can mean that the final total at the gas pump can be frightening.

How frightening? How about $100 per fill-up?

At $3.50 a gallon, getting change from a Ben Franklin is not likely to happen very often. And on some vehicles, it will cost more than $100 to fill up.

Financial challenges inspired many people to kick off the Holiday shopping and line up in the freezing cold at midnight to save a few dollars on their purchases. Don't you think they would be interested in saving thousands of dollars without leaving the comfort of their homes? What a wonderful holiday gift.

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