Yesterday, on July 14th, I filled the gas tank on my recently purchased 2004 Corolla. It was the first time I bought gas since January 20th 2008. Granted for February through April I was in the hospital and certainly in no position to drive.
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On January 20th I filled the tank on the scooter for less than three bucks. Yesterday I spent just shy of forty bucks to fill the Corolla (and it wasn’t empty yet). So I missed out on seeing gas go up 50% ($2.69 to $3.99) while I was in the hospital.
Recently the Bush administration stopped adding to the Strategic Petroleum Reserve but now calls are coming in to sell some of the oil to relieve price pressures:
Bush initially opposed an earlier call this year to stop shipments to the country’s strategic oil reserves before Congress forced him to take that step. Now, Pelosi is asking him to go even further by drawing down a small portion of that stockpile for commercial consumption “to help reduce the record (gas) prices that are helping push the economy toward recession,” according to a copy of the letter.
“The severe energy price crisis facing millions of Americans compels strong presidential action to assist consumers and strengthen the economy,” the speaker says in her letter to the president.
The two parties are locked in a bitter fight over high gas prices, and congressional leaders have only taken a few superficial steps to reach across the aisle in search of a remedy.
With that in mind, Pelosi’s missive is hardly an olive branch; rather, the speaker points out that the price of a barrel of crude oil has nearly quintupled since Bush took office, with a gallon of gasoline now selling for the average price of $4.11.
In her letter, Pelosi points out that Bush, his father and former President Bill Clinton all tapped into the strategic reserves at one point during their respective presidencies. George H.W. Bush did small test sales in 1990 and again in 1991 right before the initial Gulf war. Clinton released 30 million barrels from the reserves during his final year in the White House to help lower the costs of home heating oil. And Bush himself withdrew 11 million barrels (after offering to withdraw 30 million barrels) in 2005 after Hurricane Katrina damaged refineries and pipelines along the Gulf Coast. Â (source: CBS News)
As painful as filling as today’s prices are I think the long term benefits will be real. Those that bought any vehicle regardless of mileage and thought nothing about driving many miles without consideration of the impact will now change their behavior. Â Some will take gas costing $7+.
The current gas prices are doing things we could never accomplish before with cheap gas. Use of mass transit is up, sales of gas sucking trucks & SUVs are way down and people are more mindful about the number of miles they drive on a daily basis.
With my scooter I got into the habit of combining trips and planning my route in advance so as to be able to take care of several errands per trip. Things like stopping at the store on the way home rather than running back out again. At the time that was more about saving time as the scooter averaged better than 85 MPG. So now with the car I think ahead to what I can accomplish while I’m out with the goal being a savings of miles driven.
The Corolla is proving to be as thirsty as promised. The sellers had filled the tank right before I bought it so I know my MPG for the last few weeks – just over 31 mpg in mostly city driving with the A/C on most of the time.  Next month I’m driving back to Oklahoma City to visit family and I hope to get at least 40mpg on that trip.
One member of congress is revisiting the fuel savings achieved by the old national 55mph speed limit. Virginia Senator John Warner, a Republican, is talking about real conservatism:
Sen. John Warner, R-Virginia, asked Energy Secretary Samuel Bodman to look into what speed limit would provide optimum gasoline efficiency given current technology. He said he wants to know if the administration might support efforts in Congress to require a lower speed limit.
Congress in 1974 set a national 55 mph speed limit because of energy shortages caused by the Arab oil embargo. The speed limit was repealed in 1995 when crude oil dipped to $17 a barrel and gasoline cost $1.10 a gallon. (source: AP via CNN)
I think a lower speed limit would help save fuel and save people money. Averaging 55 mph rather than 65 mph on my 500 mile drive to Oklahoma City will add over an hour to my travel time — just shy of a 20% increase. A real savings in fuel is worth a little of my time.But perhaps my car would do better at 60 mph? Like Sammy Hagar, I can’t drive 55. 60 I can do. 70 is out of the question.
One of the new applications I’ve downloaded for my first generation iPhone is a mileage tracker. It will be interesting tracking my mileage and fuel expenses. It show the MPG on the last fill-up as well as an average.
I’m also finding other drivers frustrating. I know that Jack Rabbit starts are good at wasting gas but so is taking forever to go when the light does turn green. If that 6th car back misses the light and has to sit through another cycle they are just wasting gas. Someday more cars will have to technology to shut off the engine at such stops but in the meantime we all need to pay attention and get through the lights. We don’t have to race to the next signal but we shouldn’t take forever either. Getting the lights timed better would also help.
These gas prices are here to stay. They are not high at all, just higher than what we’ve grown used to.  They will go higher too. Interesting times ahead as the general public grapples with this new reality.