Still Paying At The Pump?

It's been a while since we've heard anything about crazy gas prices. Around here in California, gas is still regularly $2.50 a gallon, which by the standard of the $3+ a gallon seems like a deal. We wrote an article about it early in the summer (click here). Then Exxon released their quarterly profits that makes you think, well, maybe we are still paying too much. Exxon recorded the second highest quarterly profits ever at roughly $1.5 billion. We did a little math and that comes out to over $11,000 per minute! This article from the Washington Post has more information on the record profits. Our article concluded with the following: "...gas prices won't be coming down anytime soon; remember the outrage at $2 a gallon? So before you have to take out a second mortgage to fill your gas tank, do some research, plan ahead, and let the good times roll."

The Washington Post article brings up the question of how much is too much for gas? Did $3+ affect your driving habits? How about $2.50? With the holidays just around the corner, will your travel plans change? Rather than writing another article on the subject, we thought we'd just bring it up in the blog.