The rising cost of summer driving

May 25, 2007

Lots of folks will be leaving work early today, getting a head start on Memorial Day travel. But the trip will not start on a happy note for most.

Old_gas_pumps_2
That’s because most of this weekend’s 38 million travelers will be driving and they’ll have to fill up their cars before hitting the road. Given the pump prices — I saw a station charging $3.44 when I was in Seattle — it’s going to be an expensive getaway.

And since this is the just the beginning of the summer driving season, don’t expect any gas price relief any time soon.

I was only partly joking yesterday when I mentioned picking up a hybrid for your vacation travels. If your vehicle doesn’t get very good mileage, with today’s gas prices you might consider sleeping in your car, since in some cases your fuel costs could be more than your lodging charges.

Here in Texas, the state’s Agriculture Department is responsible for seeing that customers get what we pay for at the pump. Commissioner Todd Staples said that as gasoline has gone up, his office
has been received more complaints of price gouging.

More than 68,500 pumps in Texas are checked every year. The state’s inspectors test the fuel pumps for accuracy and operation, according to standards
set by the National Institute of Standards and Technology. If any fail to dispense fuel within the allowable tolerance levels, an inspector will place an "out of order" tag on the pump.

And today, just in time for the Memorial Day holiday, fines for such violations will cost the gas station owners four times what the penalty used to be.

Standardizing the standards: Most other states (29 according to one report) also have various price gouging statutes. Check with your state officials about the laws where you live.

To fill in the gaps where no enforcement rules for over-priced gas exist, Congress is trying to get some sort of national anti-gouging law on the books. The latest attempt came this week when, by a 284-to-141 vote, the House of Representatives approved a measure that would penalize individuals or companies for taking "unfair advantage"
or charging "unconscionably excessive" fuel prices.

But Associated Press reporter H. Josef Hebert notes that stopping gas price gouging may be easier to say than to detect or enforce.

Policing the pump yourself: Right now, the best advice for all of us drivers is to pay attention when we fill up our autos. Here are some things to look and look out for when you refuel:

  • Watch out for pump jumping. This is where the price of fuel is already
    registering on the display before you ever start filling up. 
  • Check the pump hoses for cracks. Damaged hoses could mean you’re not getting all the gas you’re paying for. 
  • Make sure the cost
    and gallon numbers align clearly on the pump read-out. 
  • Reconcile your vehicle’s tank capacity with what you pumped. If you have a 20-gallon tank and
    the pump shows you put in 22, you’ve got a problem.

More fuel efficient: If this year’s gas prices really do drive you to get a more fuel-efficient auto, here’s the latest scoop on the hybrid tax breaks.

Lexus_ls600h_2
But not necessarily cheaper:
You might, however, want to avoid the new Toyota hybrid that’s coming out in a couple of weeks. The Lexus LS600h will be the most expensive hybrid with a $104,750 price tag.

And, as they say, taxes, tags and title are extra.

Once the LS600h’s fuel efficiency is certified by the IRS, you’ll get a bit of a hybrid tax credit on your 2007 return to make a minuscule dent in that price.

If you wanted to take that price amount and spend it instead on gas for your existing auto, at today’s national average price of $3.225 for unleaded fuel, you could get 32,480.62 gallons for your current gas guzzler.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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