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N.C. drivers to spend $2,000 more this year

Posted April 29, 2008

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— Rising gas prices and other costs will result in the average North Carolina driver paying an extra $2,000 this year, AAA Carolinas said Tuesday.

Drivers will pay an average of 63 cents for every mile they drive their car in 2008, the organization said. The amount is 14 cents per mile higher than 2007 and is the largest one-year increase ever reported, AAA said.

The rate, which includes higher gas prices, car prices and insurance costs, translates to an extra cost of more than $2,000 for a person driving the average car 15,000 miles.

“The price of gas is the most uncontrollable factor in operating costs for motorists,” David Parsons, president and chief executive of AAA Carolinas, said in a statement. “Driving less miles will actually increase the cost-per-mile-driven because two-thirds of the dollars spent in operating a motor vehicle are fixed, but a person’s out-of-pocket expenses will be less.”

Car prices have risen, on average, more than $2,000 in the past year, and insurance costs have gone up as well, about $190 on average, AAA said.

Based on driving 15,000 miles a year, a car owner would spend about $9,415 for insurance, maintenance, gas, tires, taxes, registration, depreciation and finance charges this year.

Separate calculations were done for sport utility vehicles, which would cost $12,027 a year to own and operate, and for minivans, which would cost $11,040 a year to own and operate.

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  • john60 Apr 30, 2008

    There is indeed lots of oil still underground. It's not the kind of oil that can be easily converted into other uses, though. That kind of oil comes from the Middle East, which is why they are still big suppliers of oil worldwide. A lot of the remaining oil is in places that will be VERY expensive to get it from; Brazil has a huge field that is under a mile of water and two miles of rock and salt, for example.

    Meanwhile, oil producers such as Russia, Canada and Mexico are showing drops in oil production, and rising costs to get what oil they can from their fields. BTW, gas prices have not risen at the same rate as oil because there's a surplus of gas at the refineries. That surplus is almost gone, so watch the price start flying higher real soon now...

  • whatelseisnew Apr 29, 2008

    motorfinga

    You need to take your blinders off and look at who has stood in the way of domestic supply and refining.

  • whatelseisnew Apr 29, 2008

    MyNameIsMud

    The Dems used high gas prices as an issue running up to the 2006 election. They claimed they had a plan. Ah where is it and how long is it going to take to implement? President again is calling for more drilling as he did in 2002. The Dems are using the same tired arguments they did in 2002. We need refineries, we need to drill; there is a technology that converts coal to gasoline. We need that. So what are the Dems doing besides as usual disagreeing with Bush. Oh yeah and helping to drive up food prices. Corn for ethanol - how lovely.

  • MyNameIsMud Apr 29, 2008

    "Go back and check the comments, prices did not go up till the Demonicrats took over congress and the house."

    The price of gas in January 2001: $1.39 per gallon
    The price of gas today: $3.60 per gallon

    Please don't insinuate that this upward trend began with the last Congressional term. That's absurd.

  • Redneck_Bob Apr 29, 2008

    We as Americans, do not have the testicular fortitude to stand up to the oil companies and the sorry excuse we have for a government and say enough is enough. If we banded together and boycott the major oil companies for one day and IF the truckers would pull a one or two day boycott of taking ANYTHING into the Disaster of Columbia, better known as Washington DC, then, maybe, just maybe the money hungry, public raping big dogs will be neutered or at least fear being neutered and bring the prices back where they belong!

  • Diamondeyes Apr 29, 2008

    And my stimulus check is for how much? What a joke.

  • Funky Neighbor LEE Apr 29, 2008

    Demo's should be ecstatic, they've wanted high gas prices for years.

    My TV expenses have gone up even more, I bust mine every time Hillary and Obama run a commercial about what they are going to do about high gas prices.

  • purrcard Apr 29, 2008

    motorfinga; you don't know what you are talking about. Go back and check the comments, prices did not go up till the Demonicrats took over congress and the house. I sure wish the American public would get all the facts before posting. Americans should check other new sights in the world before posting on GOLO.

  • trunkmonkee1971 Apr 29, 2008

    Roll back America. Stay home for a change.

  • bushretard Apr 29, 2008

    15,000 miles X $0.14 = $2100.00. Got any arithmetic majors at WRAL?

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