Rising Fuel Prices Have Upended the Economy

Unless you’ve spent the last twelve months locked inside your home, then you’re probably dreading the next trip to the gas station. The average price for a gallon of 87 octanes has reached $3.40 in the United States. That’s about 50 percent steeper than it was at the start of 2021 and undoubtedly more than you’re wanting to shell out today. Though one cannot ignore the dizzying rates being advertised outside of British “petroleum parlors” or France’s many “un bordel pour voitures.” Canadians are also forced to endure higher gasoline prices, as the government tends to stack the taxes a little higher and the U.S. dollar tends to be more valuable. At least for now.

All you need to know for the purposes of this article is that fuel prices are up and it’s influencing the economy in some pretty dramatic ways.

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Piston Slap: High Profile Rubber, Lube With Real Silicone Spray?

Bill writes:

Hi Sajeev,

{the usual crap about long time reader, first time poster} I know you just answered a few emails about tire / tire size, but this has been sitting in my drafts folder for a while (the efficient side of me), I’m going to send it off before you answer more questions about tires..

My first question to you was ORIGINALLY about my now departed ’97 Volvo 850 a few months back when you were asking for more questions, but I answered my own question after reaching 3 pages of problems and issues. So I traded it in, more or less at scrap value, for a ’09 Lexus GS450h which came with a nice set of performance summer tires at 245/40R18. And as they say, winter is coming, and I’d be foolish to drive a RWD with summer tires north of the 49th. I’m planning to run 2 sets of rims + tire, got my eyes on some not so shinny Nokian “Hakkapelitaeraerfdaf?” R2 tires, but they are $300 a pop at that size.

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  • ToolGuy This thing here is interesting.For example, I can select "Historical" and "EV stock" and "Cars" and "USA" and see how many BEVs and PHEVs were on U.S. roads from 2010 to 2023."EV stock share" is also interesting. Or perhaps you prefer "EV sales share".If you are in the U.S., whatever you do, do not select "World" in the 'Region' dropdown. It might blow your small insular mind. 😉
  • ToolGuy This podcast was pretty interesting. I listened to it this morning, and now I am commenting. Listened to the podcast, now commenting on the podcast. See how this works? LOL.
  • VoGhost If you want this to succeed, enlarge the battery and make the vehicle in Spartanburg so you buyers get the $7,500 discount.
  • Jeff Look at the the 65 and 66 Pontiacs some of the most beautiful and well made Pontiacs. 66 Olds Toronado and 67 Cadillac Eldorado were beautiful as well. Mercury had some really nice looking cars during the 60s as well. The 69 thru 72 Grand Prix were nice along with the first generation of Monte Carlo 70 thru 72. Midsize GM cars were nice as well.The 69s were still good but the cheapening started in 68. Even the 70s GMs were good but fit and finish took a dive especially the interiors with more plastics and more shared interiors.
  • Proud2BUnion I typically recommend that no matter what make or model you purchase used, just assure that is HAS a prior salvage/rebuilt title. Best "Bang for your buck"!