The lead photo on Yahoo! News the other day showed a vintage yellow Corvette with red racing stripes parked in front of a gas pump in San Bernadino, Calif. The sign behind the car was advertising $4.79 a gallon high-test gas!!!
Now, I know that back in the '60s, when gas was 40 cents a gallon, I made $1.20 an hour, so I earned 3 gallons per hour. When I stopped getting paychecks, gas was $2.50 a gallon and I earned $20 an hour, so I made 8 gallons per hour.
As you can see, the price of gas is really in line with price and wage inflation. The problem is every company is raising the price of everything else - and not by pennies. In the past two weeks a bag of Famous Amos cookies at our Wal Mart went from $2.50 to $2.75. That's huge!
Here's one way to fight without hurting yourself. Continue buying gas, but do not buy anything else at the gas station or convenience store. No soda, no coffee, no butts, no donuts - nothing! Don't give up the other things - just think more about your purchases and buy what you need at the "big box" department stores, discounters or supermarkets, where you will still save a bit on each item. I guarantee, you'll save enough money to offset the higher gas prices.