It’s
always exciting when you see a drop in the price of gas when you need to fill
up. Especially when you’re actually due to fill up. The feeling comes close to
winning something like a church raffle, or bingo. Not as extreme as winning a
lottery but exciting all the same. Hoards of vehicles flock to the pumps to
save what would appear to be mega bucks at the newest lower price per litre.
And this euphoric feeling can continue as long as you don’t think about it too
much. Or do the math.
Gas
prices for no logical reason whatsoever, rise and fall without warning or
definable reason, regardless of what the world market seems to dictate. If the
price of a barrel of oil goes up today, why does the price of gas at the pumps
go up as well that very same day? The gas that is here at the gas station is
already the lower price gas right? It’s from a previous price at the very least
being here prior to the unexplained ridiculous market elevation isn’t it? So
why are we paying more for the same gas that was here yesterday before this
unexplained increase?
Most
of the time, and after a few days of this wonderful lowness they surprisingly increase
the price by ten cents per litre overnight. This usually happens on a Thursday
night just before the weekend rush. This is when it becomes a complete shock to
the system. Even more so if you waited too long, like Friday morning to fill
your tank. It’s a snooze you loose kind of situation that makes you want to
smack yourself in the forehead like you should have had a V-8. Those who get it
will laugh. Those who don’t get it…ask someone who’s laughing to explain the
V-8 thing to you.
The
thing that is curious to me is the people that will drive across town to fill
up because they heard that there is a gas station with the cheapest gas in town
over yonder. I don’t get it. How much cheaper is it than the gas station that
is closer to you? It would have to be substantial.
In
a world that seems to aspire to nothing further than average yet expects
astronomical results, let me explain this within the laws of average. Now don’t
get all bent out of shape here and start an argument saying “my car gets better
millage than that”, or, “my tank takes more (or less) gas than that…gawd. My
averages are not based on any make or model in particular. My numbers are for
example purposes only. K?
You
drive an average car with average gas mileage give or take right? Your average
gas tank holds 50 litres of gas. Your average gas mileage is 15 litres per 100
kilometres. Yes it’s high but I drive a pick up truck. Sue me. You need to fill
your tank because it is empty. Not realistic that your tank will be completely
empty I know, but for this scenario let’s just say it is. It’s just easier to
explain this way. So let’s do a little math shall we?
The
gas across town is 2 cents a litre cheaper and is 25 kilometres away. Depending
on what you paid for the gas already in your car, this little trip will burn
3.75 litres of gas at an average cost of $4.00.
This
is the part that gets interesting kids so listen up. The cheaper gas you are bound
and determined to purchase works out like this. For the 50 litres of gas you
need at a savings of 2 cents per litre, you are saving a grand total of $1.00
on the entire tank. Woohoo! If you take into account your fuel economy and the
mileage involved, your trip across town just cost you $3.00 to give yourself
the illusion of purchasing cheaper gas. That’s correct. It cost you that $3.00
just to drive across town to get to the cheap gas. But wait. Now you have to
drive back across town to get home. So how much did you really pay? Or save for
that matter?
I don’t get it.
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