Wikinvest Wire

The California SUV fill up index is back!

Monday, May 07, 2007

It's been while, but the California SUV fill up index is back! What began here long ago in August of 2005, when the price for a gallon of gasoline was $2.70 in these parts, continues today, twenty-one months later.

With local prices comfortably topping $3.40 for unleaded regular, the pledge to update the index with every ten cent increase in price now resumes nearly a year after last May's update at $3.30.

(It's not clear whether local prices breached the $3.40 mark last summer or not - if so, then this update is eight or nine months late. Sorry.)


What is equally unclear is what model year vehicles appear in the chart above. They are either 2005s or 2006s and while some of these models and tanks sizes may no longer be available in dealer showrooms, they are certainly out there on the road.

And yes, the Hummer H1 runs on diesel, but for obvious reasons, it needs to be there at the top of the list.

Having been out and about for most of the day today, $3.40 for regular is actually a bargain if you can find it. Though no prices starting with the number four were spotted, some premium petrol was not far below that psychologically important level (of course they said that $3 a gallon was psychologically important too).

From the looks of demand and refinery output, there will be opportunities in the days ahead to more thoroughly review this data.

11 comments:

Steve Wilber said...

I'm paying about 3.85 for premium near Palo Alto. Being that we haven't even passed Memorial Day, I'm guessing the 4s are coming soon.

Anonymous said...

How about putting in the cheapest cars just for fun?

Toyota Prius, 11.9 gallons, 1.5 tons
Honda Fit, 10.8 gallons, 1.3 tons

Greyhair said...

Wholesale gas peaked several days ago and has been falling. Unless something pushes it back up again, I would expect retail gasoline to begin topping soon and then gently falling. The oil folks know that the envelope can only be pushed so much, so fast.

Look for a gentle curve downward in the retail price with the new "low" point higher than last year. And everyone will sigh in relief at only having to pay $3.00/gal.

Tim said...

I just heard someone on the news say they are expecting retail prices to peak in a few weeks - right around Memorial Day.

The Toyota and Honda tank sizes remind me of when we were in the U.K. a couple years ago - the gas tank on our rental was only 11 gallons, but it still cost more than US$80 to fill.

Mark said...

I commute on a motorbike that gets 40 mpg (and will wheelie and do 170 mph if you pin the throttle)

I filled up my tank and my riding partner's yesterday for $25 (we take turns). In the past year, it has never cost over $20.

I too, would like to see a comparo of fuel efficient vehicles... an index of schadenfraude, so to speak ;)

Anonymous said...

Might be fun to see how far a fill-up will take you for each model, to give you some idea how often you'd have to put $180 into that Hummer.

Anonymous said...

side note. deisel fuel is now cheaper than unleaded here in texas again.

looks like they might be baiting us to switch to the euro diesel engines.

Anonymous said...

Excellent...I hope these aholes pay up the ass for fuel...$6 a gallon baby. Perhaps then people here will have to face some reality and think about the next time they murder over half a million more people half way around the world.

Over HALF A BILLION DOLLARS ON THIS WAR....could have created a transportation system and renewable energy schemes...YA THINK??

plymster said...
This comment has been removed by the author.
Anonymous said...

deisel fuel is now cheaper than unleaded here in texas again.

I've noticed that too, in NJ, PA, FL over the last few weeks. What gives?

Not that I'm complaining - I drive a diesel.

Anonymous said...

what would be more interesting, is a comparison of cost per 200 miles travelled, which would use fuel efficiency. i'm figuring most cars can go 200 miles on a tank of gas.

IMAGE

  © Blogger template Newspaper by Ourblogtemplates.com 2008

Back to TOP