It is certain that rising gas prises have crippled many, and all across the world in fact. I read a lot of news and see it everywhere. We also do not know what the future holds for us consumers.
I have been reading about how people are having to use their food budget just to get to work now days. Some are purchasing bikes to make a 5 mile ride each way to work. I guess they are not banking on rain, sleet, snow or heat. It is causing people to stop contributing to their 401k’s and Ira’s. Some are quiting there jobs where it doesn’t make sense between fuel and rising child care cost that can be $250.00 per child per week!
Last year I purchased a 2006 Nissan 350z. I love the car but didn’t realize that you have to purchase higher octane fuel to keep the engine running without a clang. So when I started fueling it, the cost would be around $58.00. I could hang, but then the prices are sky rocketing at a faster pace each day. Now it cost me over $75.00 to fill up. I am just glad I didn’t decide to go more eco friendly and choose deisel.
Speaking of deisel, the rise of this is causing some truckers to lose any sort of margin they...
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