With the skyrocketing prices of gasoline, it would be a no-brainer decision to consider buying a bicycle and pedal around to your destinations, saving you the cost of fuel, providing you with an excellent form of exercise, and reducing greenhouse emissions which contribute to global warming.

But why would you want to spend hundreds of dollars more on an electric bike?

Well, there are several good reasons to invest in an electric bicycle, or e-bike.

Many people can be turned off by the idea of having to produce all of their own power, so an electric bike is an appealing alternative. Knowing that there is some power available if you run of gas while you're biking, is relieving, and may encourage those who are physically less-than-perfect to ride.

When you consider the cost of your daily commuting, whether it's a short distance or a long distance, you must take a good look at what you paying not only for gas, but also for insurance, parking, maintenance, and other vehicle incidentals that quickly add up. You have to remember that owning a car costs more than just the fuel you put in your tank.

An electric bike has next to no costs, other than your original purchase, and the low, low cost of recharging. Yes, your parts will wear out eventually, but even if you just compare the cost of replacing your brakes on your car to replacing them on your bike, and you will soon realize the savings.

The point has to be conceded that bike riding can be a little more dangerous on busy city streets. However, more and more cities are becoming more bike-friendly, creating lanes or space on roads and highways, allowing bicycles, and electric bikers room to travel. And many businesses and retail outlets provide secure space for you to park your bike. A good lock will help you secure your investment.

Buying an electric bike might not be the right choice for you right now, for whatever reason, but when faced with soaring gas prices and expensive vehicle costs, there really aren't many reasons to avoid buying an e-bike.