Look Realistically at the Price of Gas

The national price for unleaded gasoline hit a record $ 3.22 a gallon last week. That is up $ 1.05 since February of this year.

There are numerous reasons for this rise in price. There is a large amount of oil refining capacity currently offline. There is strong gasoline demand. Finally, there are lower fuel inventories.

It is estimated that this rise in price is costing Americans an additional 20 billion dollars to drive.

What can you do about it?

There are the obvious solutions such as find ways to carpool, cut back on driving, make sure that you car is running effieciently etc. You don't need me telling you the obvious. However, there is something that is very obvious that people forget to do.

Look at this rise in prices realistically and plan for it!

This is the problem. People don't plan for this additional cost each month based on the notion that prices will go down soon and or it is just ignored until the bill comes. Look out over the next 3 to 4 months and accept it is going to cost you more to drive. Figure out how you are going to adjust. Remember when you don't adjust your spending, you will create debt. Debt is the replacement for the income that wasn't there to pay the bills.

The US Government reported that we are going to se up to 10 active hurricanes this season with 3 to 5 being major. We could just be in the early innings of these high gasoline prices.

Make sure that you aware of this and make sure that you plan for it