GEEZ! IS IT GOING TO BE 1973 ALL OVER AGAIN? I SUSPECT NOT! HINT: "TOP IT OFF".

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

GEEZ!  IS IT GOING TO BE 1973 ALL OVER AGAIN?  I SUSPECT NOT!

TOP IT OFF!  That action alone may save 2-5 gallon overnight.

ActiveRain member Randy Morrow asks about how we will react to $5.00 gasoline?  How will it affect our business?? 

AH, I REMEMBER IT WELL.  As one who is older than dirt, I recall vividly the gasoline crisis in 1973.  However, I worked for the government and didn't rely on my vehicle for my job or business.  I could always hitch a ride to a trap shoot with a trap buddy.  My family visited me as long as I would feed them. 

SO, WILL $5.00 GASOLINE CHANGE MY BUSINESS PRACTICES??   FOR ME???  Not so much.  I made the accommodation to high gas prices over 2 years ago when we hit $4.00 plus. 

I got rid of the Sequoia that got BLOCKS TO THE GALLON and replaced it with a 4Runner that gets more BLOCKS TO THE GALLON.

Prices at the best priced station in my area.  This is a little gasoline station/convenience store in Leesburg.  They are routinely $0.05 -$0.10 lower than other area stations.

Gasoline Prices

WHAT DID I CHANGE 2 YEARS AGO??Lenn's favorite shot gun

HOW MY SHOPPING CHANGED.  I started to shop more at the Super Fresh 2 miles from home and less at the Wegmans 15 miles away.  If I get to Purcellville, the Giant is convenient.  If I get to Leesburg, Safeway is convenient.  Don't like Giant, but they have a whole wheat bagette that is very good.  Don't like Safeway either, but they have a coffee that I like.  As one who raised 5 children on my own, I know how to shop.  Don't get me wrong, I can very quickly add a percentage to the Gross Domestic Product, GDP, if I get loose in Nordstrum shoe department or Dicks fishing tackle department or Davis Gun Shop.  However, groceries and gasoline are consumables that are not discretionary and can easily dent a budget in insidious and mysterious ways if one isn't concious of what you're buying. 

I used to shop Harris Teeter.  No more.  Their fresh produce, which is primarily what I buy, is very costly except when the goods are on the verge of putrifaction.  At that time Harris Teeter offer 2 for 1 sales that are priced at 2 for the price of 1.75.  They thing we don't notice.  Of course, the produce is not likely to make it to your frig either. 

For an adventure, I stop at Trader Vic's when I get to the trap range in Centreville.  It's a fun place to shop.  Produce is often priced per piece rather than per pound.  Since I like to graze, Trader Vic's has some great raw grain products like Muesli and other fat free and (to some folk) taste free but nutritious snacks that I love. 

Still hate Super Fresh
Still love Wegmans.
I route chores and make stops en-route when convenient. 
I work in a visit to a builder on just about every drive out.  Got to stay on top of the housing market.

BACK TO 1973.  At the beginning of the gasoline shortages, prices at the pump were about $0.35 a gallon.  I recall vividly telling a friend, "Don't worry, gas will be come abundant as soon as the price rise dramatically."  By the time the prices got to $0.55 a gallon, gasoline was abundant and the lines/rationing ceased.  Funny how that happens!

TOP IT OFF!  This is a lesson from the 1970s.  When gasoline prices are spiking as they are today, TOP IT OFF.  Don't wait for the gas tank guage to read 1/4 or near empty.  Fill her up when you get to 3/4 or 1/2 full. 

THE PRICE WILL BE HIGHER TOMORROW!

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.

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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jeff.  I can see you on a scooter if you sold in Leesburg or Sterling. 

Not out here in Lovettsville. 

No scooters for me.  I have extreme Vertigo.  Maybe a 3 wheeler. 

I saw a Cooper at the gas station where I shot that photo.  Cute, but can it out run a semi???

BTW, Ryan is having a broker-open in Lovettsville tomorrow.  Are you planning on going???

 

Feb 28, 2011 11:16 AM #100
Rainmaker
445,374
Sondra Meyer:
Star View Real Estate - Colorado Springs, CO
See It. Experience It. Live It.

Lenn, I'm following your advise of keeping my Jeep topped off.   Not only have you once again written another good post, the comments were especially interesting also. 

Feb 28, 2011 01:02 PM #101
Rainmaker
475,803
Lana Robbins Realtor ® Licensed Real Estate Broker
Aloha Kai Real Estate - Clearwater, FL
Licensed in Florida and Washington

Hi Lenn. I was six years old in 1973 LOL but I remember some gas lines. Nowadays I fill-er up. Just two days ago gas prices increased by about 5 cents per gallon. I drive an older Landcruiser but very reliable Landcruiser. It all adds up.

Feb 28, 2011 01:40 PM #102
Rainer
53,538
Jayne Williamson, REALTOR, Broker, GRI
Keller Williams Realty Mountain Partners, Hendersonville, NC - Hendersonville, NC

Lenn,

I pushed many a car in a gas line back in 1973 that ran out of gas while in line on the days that it was MY turn to add some gas.  And SUNDAYS you just had to stay close to home since there wasn't any sold in the South on that day.  I adjusted my drive time back a couple of years ago.  Fortunately whenever I needed gas a couple of years ago, there was gas and the lines were short.  Some were not so lucky.  I already had/have a Honda CRV and it just sips the stuff and is roomy inside.

 

 

Feb 28, 2011 01:59 PM #103
Rainmaker
67,119
Brenda, Ron, Lee Cunningham & Tara Keator
West USA Realty - Phoenix, AZ
Realtors, Homes for Sale - Phoenix Metro

This is going to change quite a bit.   We will have to find ways to be less wastefull.

Feb 28, 2011 03:28 PM #104
Rainmaker
637,897
DeeDee Riley
Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA
Realtor - El Dorado Hills & the Surrounding Areas

Thanks for the tip Lenn! I hate buying gas!!!! I tend to let my get really low before I fill up.  My car is not big - an Accura TL but it uses premium gas.  When it gives up the ghost I'm getting a car that takes regular gas. 

Feb 28, 2011 04:14 PM #105
Rainmaker
676,122
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Hi Lenn,

 Thanks for the notice, but I am already swamped, so won't be able to attend Ryan's Broker's Open. Good luck. Hope attendance is good!

Mar 01, 2011 12:20 AM #106
Rainmaker
594,664
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

Lenn, your gas taxes are higher, that the 10 cent difference!  Gas taxes are the only taxes that New Jersey ranks as one of the lowest!  And the best part...we are prohibited by law from pumping our own gas!!!

Mar 01, 2011 12:33 AM #107
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Sondra.  HA!  Comments are what make blog writers look good.

Lana.  Land Cruisers are gas guzzlers, I'm sure.  The 4Runner isn't quite as bad, 14/17.  Of course I live at least 14 miles from just about anything.

Jaine.  Good for you.  We have all learned.

Brenda.  Indeed.  Indeed.

DeeDee.  That was my #1 requirement for an SUV.  However, I also want a V8 motor for safety.  Got us one way or another.

Jeff.  I don't think they get great attendance out here in the boonies, but we'll see.

Laura.  Good Grief.  Why????  We've been pumping our own gas for decades.  I'm sure that's not Constitutional.

There's one "full service" station in Leesburg and the gas is about $0.15 per gallon more.  I pulled in that line by mistake once and then pulled out very quickly.

Mar 01, 2011 01:57 AM #108
Rainmaker
594,664
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

Jersey girls love full service!  Station owners also say their liability costs are less, I guess because we have professionals pumping it!!  LOL

Mar 01, 2011 06:39 AM #110
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Annie.  I would have done that if I didn't make a living in real estate.

Laura.  HA!  Do they have a union???

Mar 01, 2011 06:43 AM #111
Rainmaker
656,715
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

In 1973 I was just graduating from high school and enlisting in the US Army. I remember the gas lines here in the US and also the gas rationing overseas when I was stationed in Germany. We got gas ration cards then; gas cost about $1.50-$2.00 per liter (close to $5.00 a gallon at the exchange rate at the time) and it was very hard.

You're right when you say groceries and gasoline are not discretionary, which is why I love shopping at our local Stop & Shop store. They give points for gas when you shop, so the more I spend on groceries, the less my gas costs. Last time I filled up gas was $3.51 a gallon, I paid $2.51. Sweet.

Mar 01, 2011 11:57 AM #112
Ambassador
752,498
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Lenn,

It made me smile when I read "I worked for the government and didn't rely on my vehicle for my job or business."  I just financed a home near Phoenix for a woman from DC who has just retired.  Her biggest adjustment after 30 years in Washington, DC is that she had to get a car.  She rode a bicycle to work for decades.

Mike in Tucson

Mar 01, 2011 08:42 PM #113
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Pat and Wayne.  Sounds good, but how much more are you paying for the groceries.  Our local Giant super market offers the same thing.  But, when I compare the cost of produce with Wegman's, the $0.10 per gallon just isn't worth it.  I lose more than than in the difference in the cost of bananas, melons, red peppers and other produce. 

Mike.  HA!  At the Securities and Exchange Commission, there was a bicycle "parking area" that was always full.  I was too far to bike and never was a good biker because of this dang Vertigo, but I can surely walk miles and miles and did, from the bus/metro stops to the office. 

Mar 01, 2011 10:54 PM #114
Rainmaker
656,715
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

A few years ago I spent a month researching what groceries cost at various stores in my area. I shopped at a different store each week for 4 weeks and monitored what I spent for 20 basic items (milk, bread, eggs, butter, cheese laundry soap, toothpaste, toilet paper, etc. can't remember the entire list). It turned out I was paying about 20% less at Stop & Shop than the other 3 stores. Some items were more, but most were far less so it made sense to do my shopping at Stop & Shop. Now, the only reason I go anywhere else if if S&S is out of something I need or doesn't carry something I want, which is rare. Plus, this month S&S is giving 200 free gas points every week if you spend $50, which I do routinely. And with the coupons I use, I think I'm getting the best overall bang for my buck I can by shopping at S&S. But I still keep an eye on the other stores, just in case!

Mar 02, 2011 12:11 AM #115
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Pat and Wayne.  Good for you.  Research to back up your claims.  What probably caused my comment is my lack of knowledge of the "Stop and Shop" stores. 

I assumed, from the name, Stop and Shop, that it was a convenience store on the order of 7-11. 

I was mistaken.  A Google search . . . .

http://www.nbcconnecticut.com/news/local/Old-Shaws-New-Stop-and-Shop-Opens-in-East-Hampton-91040564.html

shows that it's a full service supermarket. 

So, you might, indeed, realize real savings there with the gasoline connection. 

Good for you.

 

Mar 02, 2011 12:18 AM #116
Rainer
20,168
Sharon Vest
Century 21 JC Jones American Dream - Grants Pass, OR

The impact of the increased cost of fuel stands to make the real estate/mortgage mess pale by comparison.  But what is fueling the fire of this burning trend is the same!  GREED.  There is someone, somewhere (actually a lot of someones) profiting from the misery.

I can top it off, condense my trips, group my showings and previews, shop closer to home but the eventual impact on everyone in the country is going to be the collateral fall out.  It's elementary Watson.  If I pay more for fuel stores pay more for delivery.  Milk will cost more, clothing will cost more, people will not only have to rethink buying a home but buying a toothbrush! What this is doing to our country is bordering on criminal.

Everyday in our local paper there is an article about a new fee or tax on the docket of the counsel or the congress.  Jan. 1st saw a 14.5% increase in residential electric fees, 17% hike for commercial rates! I don't think we have enough bridges for the soon to be homeless to live under.  When is the "right thing" going to become the news.  When I hear that government officials, CEO's, etc. are taking roll backs on salaries and bonuses/benefits and making real strides in tightening their collective belt in line with what Citizen Joe is required to do to aide in taming this econmic nightmare I will take heart.  Until then I will continue to add prayer to my cost cutting efforts.

Mar 02, 2011 06:07 AM #117
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Sharon.  You're spot on.  I'm watching the cost of everything escalate as we speak.  Yet I speak with sprspective home buyers daily.  I admire them greatly.  Sadly, most are not going to buy because for what they are qualified today, they wouldn't have and I don't blame them.  Folks who are qualified for higher priced homes aren't even in the market.  They're watching and waiting to see if the country comes tumbling down on them, or I should say, on us all.

Mar 02, 2011 07:19 AM #118
Rainer
60,032
Dennis & Terri Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 45 Days or We Se

We too have adapted outr business to higher gas prices long ago. This is just the new normal.

Mar 13, 2011 09:30 AM #119
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Dennie and Terri.  I'll never get used to it, but I do take advantage of opportunities to save on gas prices or mileage.

Mar 13, 2011 11:19 AM #120
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