Cost of Petrol Vs New Job

[Chiddles]

When considering a new job, its important to consider the amount you may have to pay extra in fuel costs to travel to your new place of work in order to assess the relative benefits of any potential increase in salary. However, given the price of petrol (and diesel) is rising sharply, I would be interested to know how anyone would factor this in?

Are there any analysts charting the predicted cost of fuel increase for the next 12 months which could be used as a basis?

Should one just take todays price and double it to ad in a 100% safety factor?

I would be interested to hear other people's thoughts on the issue.

[ZootHornRollo]

I went from a job in my home town to one 20 miles way. A good chunk of the wage rise (calculated after i factored in the higher mileage) i got has now been negated by the rise in fuel.

still... the job is a millon times better than what i was doing before so its not all bad :beer:

[Chiddles]

Also, I guess you have to factor in
1) increased petrol usage
2) increased petrol costs
3) increased cost of insurance given your average mileage will go up
4) increased cost of servicing
5) increased wear and tear / maintenance costs.

Thats a lot to factor in!!

[Keith]

I don't even consider fuel costs, I'm currently 35 miles away from my office yet I'm still saving money over public transport.

[AdrianHi]

I think in the medium/long term society needs to find a why to survive on little oil and a lot less energy in general, supply will not keep up with demand forever.
I've been having another dig around the last few days to figure out what is going on with oil prices, because the sharp increase seem far too dramatic to be explained by ongoing demand and supply circumstances. I think I've found an explanation I'm prepared to accept now and the up shot is, a crash in the price of oil (back to $60-$80 a barrel??) is a possibility, late in this year / next year / early 2010.
That said I would personally arrange my life circumstances for an ever increasing oil price / shortfall in supply, because even if the price does crash, you can be sure it will come back to $150+ a barrel again one day re-creating the challenge we have now accept the challenge will not go away.
http://www.pkverlegerllc.com/PKV%20Made%20in%20the%20USA%20Op-Ed.pdf
http://www.pkverlegerllc.com/PKV%20December%20Senate%20Testimony.pdf
http://www.pkverlegerllc.com/publications.html

Getting out of debt (and owning the roof over your head) has never been so crucial, in the long run energy will only get more expensive, even if a big reduction comes soon and gives temporary relief.

[mummytofour]

Whatever you decide to do I would be looking at getting the most economical car you can.