62 cents for every mile

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About 62 cents a mile on average, according to calculations based on a formula by Califonia AAA with gas selling for $3.50 a gallon. That's up from 56 cents a mile a year ago. The cost varies from about 45 cents a mile for a small car to close to 70 cents for a sport-utility vehicle or van. The AAA form is based on gas selling at $2.26 a gallon, so update the numbers to figure in today's price of about $3.50 a gallon. mercurynews.com

Interesting to note that it can cost 30 cents more a mile to drive a large SUV/car/van over a small car. And we don't have $3.50 gas, yet.

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This page contains a single entry by Paul Kuehnel published on November 21, 2007 11:06 PM.

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