Today on MainStreet: Spin City
If rising gas prices have you down, then ditch your car for a new set of wheels. It will be healthy for both your wallet and your waistline.
Oil prices surged past $135 a barrel this week, and gasoline reached a record high of $3.83 a gallon. Rising prices on petroleum might not sound like breaking news, but, historically, gasoline prices typically fall in the week before Memorial Day. Between 2004 and 2007, the price of gas fell in the week leading up to Memorial Day, says AAA's Fuel Gauge Report. But, this year is setting new trends.
Gas prices have consistently climbed
every day since May 5, and with the cost of crude oil contributing more than 70% of the price of a gallon of gasoline, it's no surprise the pump is leaving us penniless.
But before you
unpack the station wagon
and ditch the
Memorial Day road trip
, consider making changes to your daily routine. Seventy-seven percent of Americans commute to work by themselves and according to the U.S. Census, that's about 100 hours spent
each year in the car
, alone. It's also about 12,000 miles a year and about 4.5 metric tons of carbon left in your wake. To continue reading how you can save money and the environment
click here
.