The Too Little Too Late Award of the Day

The award goes to the deeply comatose GM who just “announced a range of strategic initiatives to aggressively respond to growing demand for fuel-efficient vehicles.”

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Gas sales drop 20% in Britain

High gas prices are causing British motorists to drive less and switch to mass transit. Which is something many US motorists probably wish they could do, but if you live in the suburbs where there is no mass transit and drive long distances to work, then you’re stuck.

When we lived in Connecticut in the exburbs, while there was some shopping nearby, visiting friends or other shopping required a 10-15 mile drive or so. Now that we’re in the San Francisco Bay Area in a much more urban area with a BART station a three minute walk away, well, everything changes. We use the cars much less, and when we do, drive shorter distances. In fact, we will probably sell Sue’s 2001 VW New Beetle Diesel (Interested? Let me know, it gets 40 mpg) because we only need one car.

With high gas prices unquestionably here to stay, areas where automobiles are a necessity will increasingly be at an economic disadvantage to areas where they are not.

BTW, The CostCo across a parking lot from us often has a quite long line of cars waiting to buy gas at $4.29 a gallon (vs. $4.41-4.69 elsewhere.) Question. If you sit in line for twenty minutes waiting to gas up while the engine is idling in order to save 12 cents a gallon, how much are you actually saving?

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Gas prices hurt rural poor the most

NY Times chart shows impact of gas prices hit rural poor in the South and Midwest the hardest. In some counties motorists are spending 16% of their income on gas.

This can’t continue. Those counties will empty out as businesses close and residents move to cities.

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Gas Buddy price map

Gas Buddy makes it easy to see how expensive gas is in your area as compared to elsewhere. We just moved from the only state that is entirely red, Connecticut, which thus has the highest prices in the contiguous US. This is in part due to pipeline and transportation costs but mostly because of the extremely high tax on gas there.

Diesel is now $5 a gallon in some parts of the country. Our second car is now en route via a car carrier.  Most of the truckers doing the actual hauling are independents getting a flat rate for hauling a car and have to pay for diesel themselves. These high gas prices are killing them and their profit margins.

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