Is the gas pump half-full or half-empty? | Bleader

Monday, May 19, 2008

Is the gas pump half-full or half-empty?

Posted By on 05.19.08 at 07:27 PM

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Where can you find cheap gas? You don't need a map, or the SPR--it's everywhere around you!

Worth noting, from the article: "In 1975, gasoline made up 33.4 percent of the total cost of owning and operating a car. By 2006, according to the Bureau of Transportation Statistics, gasoline costs had declined to just 17.1 percent of the total cost of car ownership. Of course, fuel costs have risen by about $1 per gallon since 2006, but even with those increases, fuel continues to be a relatively small part of the cost of car ownership. By contrast, the fixed costs of ownership—insurance, licensing, taxes, and financing—have increased nearly fivefold since 1975. Maintenance costs have also quintupled over the same time period."

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