« Happy Memorial Day, 2008 | Main | How Gas Prices Affect You and What To Do About It (Part 2 - The Grocery Game) »

May27
How Will The Rising Cost of Gas Prices Impact Your Home Business? (Series)
(Important Note: Read to the end of this post for a way that you can participate in this series.)

In my look at how gas prices were going to affect Memorial Day Weekend, I included four sites that have sprung up to help consumers find the lowest gas prices:
Since that time I've found a few more such sites:a-can-of-gas.jpg These sites, and other sites like them, are going to become increasingly more important as gas prices continue to rise in the United States and all over the world.

In fact, some sources predict that gas prices in the United States may be as high as $7 a gallon in the next six months.

These series is going to take a look at how the high cost of fuel impacts home businesses - but first I want to get your feedback.

Leave a comment and let me know how fuel prices have affected you and/or your home business and I'll include it (along with a link) in a followup post in this series.

Image Source: www.sxc.hu


Comments/Trackbacks




Last year, when we purchased our new car I thought we did the right thing in paying attention to fuel efficiency. Then, we paid $25 to fill the tank and today, it's $40.

I've thought about considering the long-term benefits to purchasing a moped/scooter but with a toddler, it's not really practical.

The answer for us, has been to cut costs elsewhere. No extra trips out, no visiting family in another state, no useless spending. I'm watching our budget very close just to grab more pennies where I can. Not so easy to do.

Hey Laura! Hope you had a good holiday weekend! I look forward to following this series, gas prices are like a bad, bad dream. :(

I am so glad we got rid of our Yukon last year. Although it was my DREAM car (it was the Denali) and we got a great deal on it...it was not practical for the city driving I do now that we moved from Michigan where all I did was country driving and needed a bigger car.

I used to spend 60 on a tank two years ago. I can't imagine what that would be now. With my new Element I spend 50 at these high prices and its killin' me! I make sure I get all of my errands done in one day and I don't go anywhere the rest of the week. We use hubby's company car for everything else.

Hi Laura
Gas in Australia is $6.40 per gallon at the moment and expected to rise.

These are great comments! Keep them coming.

We bought our 'new' car (a Toyota Matrix) a month earlier than we originally planned because our old Explorer was such an awful gas guzzler. We go on so many road trips (either to family, friends or for business) that it translates into more than $100 a month in savings. I tried looking into taking a bus or plane for trips, but the gas issues are making ticket prices ridiculous and I'm not paying $50 for the privilege of a second suitcase.

Thankfully we can walk or take the subway almost everywhere we need to go in our daily lives(including work, for DH) but I find myself 'saving up' errands that we need to drive for. Sometimes this means that we're waiting an extra week to buy something (or I end up having a day of nothing but appointments) but since it's all heavy traffic, city driving, it's worth the wait.

The worst effect on my business is the cost of traveling to conventions and shows. I have to drive because I'm often taking a full load of merchandise (some of which is pretty fragile.) More and more I'm sticking to only 'local' (within 3 hour's drive) shows, which is hurting my business because of loss of advertising and the loss of the actual sales. Even with my decreased travel radius, I'm using an entire $50 tank of gas for every trip.

If it's bad in the USA, it's abominable in the UK.

Where I live 1 litre of petrol costs £1.15, or ~$2.30. There are ~3.8 litres in a single US gallon, which means I have to pay £4.37, or $8.5 for a gallon.

It's daylight robbery and the main reason why I've radically cut back on driving.

Useful info, the companies away from the limelight are making all the money.

Nice blog. The answer for us, has been to cut costs elsewhere. No extra trips out, no visiting family in another state, no useless spending.

not much of extra spending

Looks like big business to me?

I agree with you. You hit the nail right on the head there. Couldn’t have said it any better.

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« Happy Memorial Day, 2008 | Main | How Gas Prices Affect You and What To Do About It (Part 2 - The Grocery Game) »

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