Yes, indeed you are. Suppose this SUV is driven 300 miles a week. (Slightly higher than national average.) I’ll even concede your 15MPG figure, although it is likely higher. That means that she would burn 20 gallons of gas per week, as opposed to a POS compact that gets 30MPG, that would burn 10.
At $3 a gallon, that’s $30 a week, or $1560 extra cost a year. Iran produces 10.2% of the world’s oil. That means $159.20 worth of gas comes from iranian oil. Subtract out costs for refining, wholesale, retail, and you’re at between $50 and $100 extra, PER YEAR, that Iran theoretically gets.
God forbid they use that money to fight our allies, considering we only spend between 1 and 2 BILLION times that per year fighting in iraq.
Thank you, come again.
But word to Nikuk. I’d get into short term bonds for the moment, followed by real estate, because everyone with a variable rate mortgage is getting squeezed, and some of them are going to pop