• Updated

Much concern has been expressed by vehicle owners across Montana and throughout the country about the price of gas, which has increased $1.50 per gallon since the outbreak of the war with Iran. Let’s look beyond just the price per gallon and take a look at the actual bite out of your budget over time. Let us use the following hypothetical example: assume you drive to and from work five days a week. The round trip is 20 miles, and your vehicle averages 25 mpg. The work-week cost increase is 100 miles driven divided by 25 mpg, which equals four gallons. Multiply that by $1.50/gallon and you have $6. On the weekend you drive 50 miles, adding $3 more for a total-week cost increase of $9.