Gas Prices at a High: Is It a Crisis?

Posted Monday, Jun 06, 2022

It’s not your imagination. Gas prices have been rising steadily over the past few months, and they’re expected to continue climbing through at least the end of 2022.

But is this really a crisis or just another in a long history of price hikes and shortages?

When we look at history, there’s not much we’ve seen that’s out of the ordinary. Consider the gas situation in the 1970s. The availability of gas varied from odd to even days. One day, drivers with an odd number as the last digit of their license plate could buy gas, the next day, those with an even number.

So, if you’re worried about gas prices, consider this: Big Luke's family has been in the car business for over 70 years, and has seen several gas price hikes. These price hikes have never been permanent.

Prices will even out again eventually—and when they do, don’t regret that you held off on buying that SUV or truck!

CNY Drives has some great deals on cars in stock—more than ever before—so there's no better time than now to buy one!

Big Luke’s Tip: Big Luke's not worried, and neither should you be. It's happened before; it will happen again. Things will get worse before they get better. Expect gas to rise to $6.50 and diesel to rise to $8. Once we reach those indications and a new presidential campaign season, you will notice fluctuating gas prices. Currently, CNY Drives has more vehicles available than ever before. Perhaps we know something the other guy doesn't.