Gas or diesel?

[fabsroman]

We are making a lot of assumptions here about gas prices without knowing anything for sure. This is almost like what I tell my clients about tax planning. Doing any type of long term planning (i.e., 10+ years) based upon taxes is just foolish. Buying a truck based upon current gas prices is also foolish. For all we know, gasoline will be as expensive in the US as it is in Europe in the near future (i.e., $5 a gallon). Look at what happened just a little while ago. If I am not mistaken, gas was close to $4 a gallon here. There are a million what ifs. When I bought my truck 2 1/2 years ago, diesel was cheaper than gasoline. Plus, the federal income tax rules at that time let me save $19,000 on federal taxes by buying the truck. You can bet that I can buy plenty of diesel with that money. Even if the motor was an additional $6,000, it was actually only an additional $4,000 because of its deductibility.

Trying to figure out what the world's fuel situation will be like in the next 10 years is rather futile. 10 years ago, if you told me that I would be on a chat board every day reading and writing about hunting over the internet, I would have told you that you were crazy because I had no idea at that time what a chat board was and I didn't even have internet access. Barely even had an e-mail address through school.

In 3 years from now, they might be offering a hybrid or FFV in the heavy duty truck arena, or maybe an alternative fuel. Who knows. Chevy offers its 1500 in a hybrid right now.