My Investing Notebook :: Learning from the pros; making decisions on my own. ::

According to Bankrate.com gas prices will hit $3 a gallon this coming summer! Wow! You’ve got to be kidding me! Because I have a long commute to work, around an hour each way, I spend easily over $100 per month on gas. (Make that $200 if the price increases — no way!) And I drive a fuel-efficient car — 95′ Honda Accord. Hopefully it doesn’t come to that. But if it does, I’ll be even more sorry for those SUV drivers: they’ll basically get killed.

What’s my advice? Get a fuel-efficient car. Did you know that diesel cars have a 20-30% better fuel economy? (I didn’t.) Also, now they have those hybrid cars which have a great fuel economy. Keep those green cars coming, Detroit!

See the reports on Bankrate.com here.