Average cost of fuel in 2006 was $2.53, 2007 was $2.76, 2008 so far for us is $3.52.
I can live with the $0.25 increase from 06 to 07, but the $0.75 increase from 07 to 08 has been tougher to swallow. We are driving fewer miles and spending more money to do it! In 06 we put on nearly 25,000 miles at a fuel cost of $1900, in 07 nearly 20,000 miles at a fuel cost of $2100, and this year we have put on 13,354 miles at a fuel cost of $2033 and have three months of driving left!
Having said all of that, spending $25000 for a new hybrid car that averages 45 mpg will only save us 1/2 our fuel cost as we are currently averaging about 23mpg between the two vehicles... At current fuel prices and our use, it would take us 25 years to pay for the new car!
Anyway, I'm guessing average fuel cost for us in '09 to be $4.50 per gallon - or at least that's how I'm going to budget for fuel.
This post was edited by Steven f/AZ at 17:31:36 09/13/08.
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