Ohio Valley Gas Prices - Where are We Headed?

The economy can be considered in a recession, gas prices are completely out of control and the high price of gas is translating into high prices on just about everything from groceries to general necessities. The price of gas here in the Ohio Valley is approaching $4.00 a gallon and we are all feeling the pain in our wallet at the pumps and in the checkout lanes of our favorite shopping center. The worst part to all this is there does not appear to be any end to this in sight. The oil prices continue to sky rocket, the oil companies are getting RIDICULOUSLY rich and little communities like the Ohio Valley gets screwed. What can we do?

For those that work away from home (just about all of us) there is little that can be done. If you live close enough to your place of employment, consider walking to work if you feel up to it. If you live a little farther away maybe car pooling is the way to go or maybe even ride a bike. Some may even consider taking a public bus or using a taxi service and the pain of gas prices is felt there as well. Both taxi fares and bus fares, including passes are on the rise and will just continue to get worse and worse. Unfortunately there is a group of citizens that are really feeling this latest round of gasoline price increases and that is the elderly or those that are on fixed incomes for various reasons. My Grandmother is on a fixed income and her budget is down to juggling between getting to the grocery store for food or making sure her electricity stays on so she can keep cool this summer. I think here in the Ohio Valley as well as across the entire county we are going to see a serious issue develop in the elderly communities.

This summer is predicted to be a scorcher. With the cost of gas prices continuing to increase more and more senior citizens may be without electricity or opt to not turn on their air conditioning just to save a few dollars so they can get to the store to buy food. Maybe this is a little far fetched to think, but from my point of view it is very realistic.

The reality is simple. As gas prices increase and unemployment increases, more and more people are going to choose one necessity over another. This will hold true in the Ohio Valley and in other similar communities across the country. With unemployment on the rise in the Ohio Valley, especially due to Steel Mill buyouts and mergers you can easily see that hardship is well on its way, the likes that have not been seen in many years. The gas spike in the 70's will look like easy street compared to what we are headed for and if our federal government is not careful this recession could turn into something far worse. Let's all hope that does not happen now. A recession is bad enough but to consider the possibilities of a depression similar if not worse than the collapse in 1929 is not out of the question. Any generation that grew up after the great depression would certainly be in for a lifestyle that would be well beyond most hardships they have ever faced. The gas price here in the Ohio valley along with the rest of the country is the tip of the iceberg. The writing is on the wall and harder times are certainly ahead for the Ohio Valley if we do not see any relief soon.

Gas Prices in the Ohio Valley

Here we are, the holiday season upon us and wouldn't you know it, gas prices are on the rise again. Now we have heard all sorts of excuses ranging from refinery problems to increasing demand and even one source said something ridiculous to the effect that the hike could be because winter is approaching.

"People are starting to fill their tanks up for the winter, so the fact that a lot of the crude oil being processed is converted to meeting fuel oil needs, that tends to put a little pressure on the price of gasoline too"

That comment came from Dr. Chase, Chair of the Petroleum Engineering and Geology Department at Marietta College. Now I am no professor and I am certainly not an expert in the field of economics, but does it not seem rather odd that back in May and June of this year we saw the same type of increase? And that was the beginning of summer where gas, the primary use for heating homes, was no where in demand . Well wait, it may have been in demand, it's called summer vacation travel. Much like now is a great time for traveling to Grandmas over the river and though the woods. What would it cost now to travel to good old grandmas for the holidays to enjoy a nice turkey dinner? Well let's see....

Right now the average price of a gallon of regular unleaded gasoline, not even the good stuff is $3.19. That means the average driver is paying about $0.17 for each mile they travel. That means if Grandma lives in say Myrtle Beach (I will use this as an example just because it's also a favorite destination for summer vacation travel) and you had a vehicle that got approximately say 18 – 19 miles per gallon, it would cost you right around $218 - $220 to drive there, not even round trip. For that price you could by a round trip plane ticket. A year ago, the average price was $2.22, meaning today it costs about $13 more to fill up a 15-gallon tank than it did a year ago.

Now that the price of a barrel of crude oil is well on its way to $100, what do we do as the end consumer who is getting gouged? Not much unfortunately, but here are a few tips we have come across:

- Walk, bike, take a bus, or carpool when possible.

Use your car only when necessary. Public transportation authorities often have carpooling information as well as transit services. If you own more than one vehicle, drive the one that gets the best gas mileage whenever possible.

-Combine errands into one trip.

Consolidate trips to destinations that are near one another. Once you arrive, park and walk between destinations. Save errands for one afternoon and plan your trip so you don't retrace your route. You not only save gas this way, but reduce wear-and tear on your car.

-Drive your car wisely and maintain it properly.

The way you drive and take care of your car can make a big difference in your gas mileage.

What can I do to get better gas mileage when I drive?

You can greatly improve your mileage by having your car serviced regularly and by driving wisely. Any of these eight points can help improve your mileage:

-Go easy on the brakes and gas pedal. Avoid "jackrabbit" starts by accelerating gradually whenever possible. Also, anticipate stops to avoid sudden braking.

-Avoid long idles. Turn off the engine if you anticipate a lengthy wait. Instead of idling at a drive-up window, park the car and go in. Idling burns more gas than restarting the engine. Limit car warm-ups in winter.

-Avoid carrying unneeded items in the trunk. Extra weight decreases gas mileage. Also, reduce drag by placing items inside the car or trunk rather than on roof racks.

-Avoid high speeds. You can improve your gas mileage about 15 percent by driving at 55 mph rather than 65 mph.

Experts in the field of energy conservation believe consumers are no longer shocked by $3 gas. Well I for one am very shocked that after some of the huge oil companies posted unremarkable gains in the last two quarters would have the audacity to even attempt such a stunt. The word gouging comes to mind.

Gouging could be curbed significantly if the US Senate would get off there asses though and do something for the American public. There is a bill, H.R. 1252, that if passed would help us back against companies or persons who sell crude oil, gasoline, or other petroleum products at prices that unfairly take advantage of unusual market conditions or the circumstances of an emergency. The only problem with this Bill is that it has gone almost nowhere since May 2007. This bill has been passed in the House on May 23rd 2007. The bill now goes on to be voted on in the Senate which obviously it has not. After it gets passed by the Senate, if it ever does, it goes on to be signed by the President. Our wonderful President George Bush and his family just so happens to be ridiculously rich off of, you guessed it, OIL.

What do you think about the gas prices? We could start a gas price tracker like a local news station has, but would it really do any good? Know any good tips to try and conserve a little bit? Let us know.

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