United Airlines cuts 950 pilots

In the previous post, I mentioned that the airline industry was suffering. In this new article, United Airlines will cut 950 pilots in the near future. They will cut a total of 1600 salaried jobs. In order to deal with insane prices, they are forced to cut workers. They are even starting to charge to check luggage. Will the airline be able to survive and how long?

Airlines suffering from fuel costs

One major industry that is really hurting from the high fuel costs is the airline. There were several airlines that had already filed for bankruptcy in the past few years, before the increased price in oil. If airlines go out of business, it can hurt the economy. It would cause thousands of job losses. Even though it is mentioned in this article that the airline has enough liquid to survive this year, it is not unlikely that some airlines will soon run out of business after a year. Think about the goods that are transported by planes and all the people that need to travel to do business. It would not be pretty if airlines went out of business.

Gas Crunch Hits Home

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Link to another family that had to deal with high gas prices. This couple had to sacrifice free time during the weekend and going out in order to deal with the prices. They got a second job for the weekend to support their budget.

Gas prcies hit record $4.077

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Every week, it seems gas prices hit a new record high. As mentioned in the actual article in the link above, the average price for regular unleaded gasoline is $4.077 a gallon. According to AAA’s website, cheapest gas can be found in Missouri for $3.834 a gallon. Last year, the average was $3.018. Will it be long before we see $5 a gallon?

Last Resort

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There is an article that is indicating that more and more people are taking the ultimate step in cutting gas prices, which is to move. The article on CNN Money talks about few families that already moved in order to cut gas prices. Many of them moved closer to their work place so they can save the extra drive.

16 Good used fuel efficient cars

As we talked about how high gas prices affect every one of us in my previous blog, there are ways to help deal with the high prices. One way is to use fuel efficient cars. This site provides 16 vehicles that are used but good cars that will save you money.

Change of Habits

Record-high price of gasoline is affecting every family and person, forcing them to change their habits or give up something. Like the family shown here, who gave up visiting their grandmothers, had to change their habits in order to cope with the high prices. What can a family like this do to help themselves cope with the costs, but not give up visiting family or taking family trips?

Online lags prices at pump

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As gas prices are increasing everyday, it is important to know which gas stations offer the cheapest gas, and the best way to get that information is to go online. But wait… the prices shown on the internet and the actual prices don’t match. How are we suppose to keep track of cheap gas? There was a recent article about this problem and you can click the link to see the full story. Automotive.com, a site that promoted itself on CNN, mostly had inaccurate prices. Even Gasbuddy.com, a site that relies on volunteers, had inaccurate prices because of rapid price changes. With gas prices changing so fast, maybe even a few times a day, it is impossible to keep track of cheap gas, even with reliable reports. Is there nothing that can be done? Are we stuck with inaccurate prices?