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$1.14 per Gallon for Gas and Why That Scares Me

February 8th, 2016 at 02:05 pm

I had nearly an empty tank of gas and I had 3 points on my Safeway card, so I went to their gas station and filled up. Usually I have 5 points when I fill up, but I have been spending less on groceries the last month.

It was $1.439 cash price before my points and $1.139 after my points were taken off. I got over 16 gallons and spent only $23.47.

Such low prices are kind of scary for me as it could affect my husband's job. We were okay the last time prices tanked down to 99 cents, but that wasn't at contract renewal time. This is. I don't like it. It makes me worry. I know we would be okay for 18 months if he lost his job, but we'd have to start over again and saving money and we'd be stuck here for a long time.

There is a house I found recently that is $260,000 on 5 acres one county over that might be the one. And it is stick built not manufactured even. We would have enough to make the 20% down payment after our income tax return if I borrowed half of the Emergency Fund. But it is not even something we can dare to do right now. Found another one as well, that might do us well in our own county for $309,000. But again, we can't take the risk until we know. I hate not knowing.

4 Responses to “$1.14 per Gallon for Gas and Why That Scares Me”

  1. Ima saver Says:

    I hope everything turns out ok for you. Our gas is down to $1.51 per gallon here.

  2. creditcardfree Says:

    I don't like the low prices either for that very reason. So many people have jobs depending on it. Keeping you in my thoughts and prayers.

  3. FrugalTexan75 Says:

    I'm liking the gas prices for my own pocketbook, but at the same time I'm remembering back to 2009 when oil was plummeting and I got laid off from the oil and gas company. Hate to see that happen to other people.

  4. LivingAlmostLarge Says:

    I just paid $1.89/gallon today! OMG i haven't seen that since I started what 20 years ago driving. I'm wondering what is going to happen??? So many friends in Canada oil country have lost their jobs and a couple more are on the bubble.

    One friend went back to work before her year maternity leave because her boss (she's a chemical engineer) said to come back to avoid layoffs. She did and her husband has been at home the rest of the year instead. Another friend has been laid off and hired back temporarily here and there as needed.

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