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Tuesday, May 17, 2011

Most Americans say high gas prices have caused life changes-USA Today

5/16/11, "As gas prices hover near $4 a gallon, nearly seven in 10 Americans say the high cost of fuel is causing financial hardship for their families, a new USA TODAY/Gallup Poll finds.

More than half say they have made major changes to compensate for the higher prices, ranging from shorter trips to cutting back on vacation travel.

For 21%, the impact is so dramatic they say their standard of living is jeopardized.

Nationally, the price of a gallon of regular gasoline averages $3.96. That's up 38%, or $1.09, from levels a year ago.

In seven states, gas prices have passed July 2008's record of $4.11 a gallon.

The poll found widespread pessimism that gas prices will stop rising. Just 9% say they believe prices have peaked for the year, while 27% say they expect prices will jump 75 cents or more. Average price where consumers say prices will peak: $4.50 a gallon.

  • More than half — 54% — say high prices are here to stay."...
5/16/11, "7 in 10 Americans say high gas prices hurt," USA Today, Strauss via Lucianne.com

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