Gas Prices - what's the fuss?
Businesses are significantly impacted by the price of gas, particularly trucking, but I am tired of hearing news outlets incessantly beating the drum about the price for regular gas.
I maintain that for every dollar increase in the price of gasoline, the cost to the average consumer is $50 per month.
The average person in the United States drives 12,000 miles per year. The average car gets 20 mpg. At this rate, they buy 600 gallons of gas per year.
12000 miles per year/20 miles per gallon = 600 gallons/year
The price of gas has increased about $1 per gallon since last year, so this is $600 per year or $600/12 = $50 per month.
I'm more concerned about the increase in the price of cream for my coffee, which has almost doubled in the past year. Bread and other staples have increased at an alarming pace, and quite frankly, I spend quite a bit more on food than gasoline in a month.
$50 per month is less than the cable bill for most households. $50 per month is less than my than my home water/sewer bill. $50 per month is less than I spend on coffee.
Every time I see the news on TV, they lead with the price of gasoline. I don't care about the price of gas, I care about health insurance, food, education, and my local taxes. $50 per month is a rounding error on my monthly budget, not something that I need to hear about every night.

