Saturday, July 5, 2008

Just some fuel for thought

Yes, we are all bombarded with the doom and gloom news about rising gas prices and that people are staying home instead of taking a vacation this year.

This week, there was an article in the Newark Star Ledger comparing the cost of taking a drive vacation this year vs last year. They compared costs of gas for 2008 at $4.09 per gallon vs $2.97 for 2007, using a car that got 28 miles per gallon on the highway.

Here were a few comparisons:

From Morristown, NJ to the Orlando area in Florida----about 1100 miles each way and about 39.5 gallons of gas each way. Price difference (1 way) in gas- $ 44.44- less than $100 round trip more than last year.

From Morristown, NJ to Las Vegas- about 2500 miles each way and almost 90 gallons of gas each way. Price difference, each way, a bit over $100- so just over $200 from this year to last year.

From Morristown, NJ to Los Angeles- about 2762 miles and 99 gallons of gas each way. The price difference is about $111 each way- or less than $225 round trip.

Of course, most of us don't drive cross country but some do drive down to Disney World or Universal Studios instead of flying.

The moral of the story is:
Despite all the news on TV which can scare the dickens out of you, is it worth not taking a vacation for a few hundred dollars?

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