In another one of his comedic blogs entitled "Diddy Blog # 12," Hip Hop entrepreneur Diddy announces that due to soaring gas prices he will no longer be using his private jet.

Filmed outside of an American Airlines gate, Diddy explains why he has had to resort to flying commercial.

According to Diddy, as of lately it costs him somewhere between $200,000-$250,000 for two round-trips on his private jet. He also jokingly claims that he will be flying in coach.

"As you know I do own my private jet, but I've been having to fly back and forth from L.A. pursuing my acting career," Diddy explains in his video blog. "Now if I'm flying back and forth like twice in a month that's like 200,000, 250,000 round-trip. F**k that."

In the video, Diddy also urges whoever the next president will be to do something about the prices and asks for his "Saudi Arabian brothers and sisters" to help him out.

Diddy's current private jet is a Gulfstream IV-SP which is considered to be one of the less gas efficient jets.