$1.25 extra @ 4 miles.
250 working days x 4 x 2 = 2000miles @ 20mpg (low for here, but probably not that low there) = 100 gallons = $125 a year
Even 5 miles @ 10mpg is 250 gallons = $312.50 a year...
Sorry mate - It's still cheaper to drive
Thought that might be per Litre but this from the article says otherwise "It's increased in price by about $1.20 a gallon since August, he says, driven by increased global demand, especially in China and India, where more and more people are driving cars.
I saw this before I left for college, and it irritates me to no end about how Americans get arsed about fuel prices, when they have no idea how bad it is in Europe. That fella in the Jag who earns minimum wage was complaining on fuel prices - buy a less thirsy car, idiot!
Either way, seeing more people cycle is always good, so I suppose it's a good thing people are at least considering it. It'd help the obesity endemic they have in America too.
Also of interest is the fact that Holland, France and Germany all pay more per ltr than the UK, despite what the red tops will have us believe.
Not sure what you are paying in UK at the moment. But here in Naples, Petrol runs from Euro 1.60 - 1.65 and Diesel is around Euro 1.50. Looking at a currency converter that makes 1.44 GBP for the petrol and 1.31 for the diesel.
"increased" by $1.25. US prices are about $4 per us gallon. So petrol at 20mpg would be about 20c per mile, double that to allow for maintenance etc and it's about 40c a mile.
so his four mile journey would save 4 miles = $1.60
or over a year 4 x 2 x 250 ~ 2000 miles ~ $800
Yes I'd say its worth cycling
Why add in the maintenance?
I include maintenance as it represents the incremental cost of driving, i.e. it's the amount you need to allow for oil, tyres, bulbs, general wear and tear, milage related depreciation and all the other milage related costs. From my experience that is about the same as the petrol costs so as a very quick top of head estimate double your fuel costs and that's what you save by cycling (minus of course the depreciation, tyres, lights etc that you put on the bike)
The table on the right makes interesting reading. The US tax take onGasPetrol is minimal, the underlying price of the commodity is roughly the same.
Also of interest is the fact that Holland, France and Germany all pay more per ltr than the UK, despite what the red tops will have us believe.