Milestone Reached: $100 Gas Tank Fill Ups

Photo from source, New York Times

Yikes! We use lots of measures for the impact of rising gas prices, the primary ones being the price of a barrel of oil, or a gallon of gasoline. But the shock really hits you when you do a fill-up of a nearly empty tank. My little Jeep Wrangler gets abysmal gas mileage, but it only has a 16-gallon tank. Not that $60 doesn't give me palpitations, but I don't drive around very much, so it's semi-rare.

But what would possess someone to buy a huge Suburban or similar vehicle now, and then be shocked by the price of a full tank? And what is GM going to do with all those big trucks?

[Excerpt]

At $100 for Tank of Gas, Some Choke on ‘Fill It’

Bryan Carisone, a heating and air-conditioning contractor in Raritan, N.J., “absolutely loves” his new GMC Denali XL, an extra-large sport utility vehicle with televisions built into the leather seats. But in June, one week after he bought it, he pulled into a station on a near-empty tank and watched the total climb higher and higher — to $109.

“It just about killed me,” Mr. Carisone said. . .

Boo hoo.

Read more at: New York Times