The headline in my local paper on Wednesday was "Pumped UP". There was a graph showing the price of gas as of Tuesday was $3.29 vs. last month's price of $3.11 vs. last year's price of $2.69. Sixty cents more than last year. Yikes!
A petroleum analyst, who was quoted in the article, was projecting that we could be paying anywhere from $3.65 - $4.05 by Memorial Day. It sounds like we might be headed back to the summer of 2008. Double Yikes! Of course it is only a projection and hopefully he is WRONG!
I don't want to be a Debbie Downer, but I am keeping my eye on gas prices. Our business was affected by higher gas prices in 2008. Some customers confided that they couldn't continue to buy our product because gas prices were taking a bigger chunk out of their budgets. Many businesses and families were affected by the summer of 2008's gas hikes.
While my husband and I will continue to charge forward with our business, I'm still going to keep a sharp eye on gas prices.
Personally, I'll be more watchful over wasteful driving and idling. With the warmer months coming, we'll frequent the businesses within walking distance instead of driving distance. And I'll combine all of my errands into one trip. While I don't consider myself a wasteful person; these are things that I have taken for granted when gas is $2.69/gallon.
How will you deal with rising gas prices? Were you severely impacted the last time gas hit $4/gallon? Let us know in the comments.
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