April 24, 2008
I have kept records on all the gasoline used in my last 5 pickup trucks, so I decided I’d work up the amounts of gasoline used in each vehicle, how much I’ve spent on gasoline and the average prices per gallon on each truck. It is quite interesting considering the enormous amount we are now paying for gasoline.
I had a 1977 Ford F-100 pickup that I bought used on 2/28/80 and traded it off on 3/1/85. I put 39,846 miles on that truck; used 2,847 gallons of gas for a cost of $3,465.95. I averaged 14.0 miles per gallon and spent from $1.039 to $1.329 per gallon for the gas.
On 3/1/85, I bought a used 1982 Ford F-100 pickup and traded it off on 1/21/89. I put 33,050 miles on that truck; used 2,458.7 gallons of gas for a cost of $2,564.47. I averaged 13.4 miles per gallons and spent from $0.889 to $1.099 per gallon for the gas.
On 1/21/89, bought a new 1989 Ford Ranger 4X4 and traded it off on 2/7/96. I put 139,242 miles on that truck; used 7,229.2 gallons of gas for a cost of $10,339.00. I averaged 19.2 miles per gallon and spent from $0.719 to $1.179 per gallon for the gas.
On 2/7/96, I bought a new 1996 Ford F-150 Super Cab and traded it off on 7/16/07. I put 226,380 miles on that truck; used 15,223.9 gallons of gas for a cost of $26,316.43. I averaged 15.76 miles per gallon and spent from $0.719 to $3.199 per gallon for the gas.
On 7/16/07, I bought a 2007 Program Ford F-150 Super crew. I still have that truck. I have put 15,087 miles on this truck; used 957.1 gallons of gas for a cost of $2,306.32, I have currently averaged 15.76 miles per gallon and have spent from $2.549 to $3.399 per gallon for the gas.
During the –years from 2/28/80 to today, the cost of gasoline has increased from a low of $0.719 to today’s cost of $3.599 per gallon, an increase of $2.78 per gallon with no end in sight as the prices soar daily for as much as $0.22 per gallon per day. The real kick in the head (and wallet) to all this is that the big oil conglomerates are making unheard of profits into the Billions per quarter year.
With the five trucks, I have driven 453,605 miles for a cost of $71,380.50!
These exorbitant prices are sending ALL things we have to purchase from gas to food, clothing, vehicles, building materials, tires, etc. through the roof. It especially hurts us retirees that are on fixed incomes. I don’t have a clue as to how high these prices will continue to skyrocket, especially if we elect a Democrat President and Congress that are promising huge tax increases that will further escalate all prices and cause this country to go into a real depression.
I don’t have a clue as to how we can turn this do nothing, spend, and spend government around. If anyone has a clue, please cue me in!!!
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