U.S. Families Pay Record Cost For Gas In 2011

[pk]

U.S. families pay a record $4,200 for gasoline in 2011

A typical American family spent nearly $4,200 on gasoline in 2011, more than any year ever before.

Whether families end up pouring even more cash into their gas tanks during 2012 is an unknown. The answer, though, will likely have a major impact on economic growth and may even influence presidential politics as the November election approaches, market experts say.

FULL STORY HERE:
U.S. families pay a record $4,200 for gasoline in 2011 - JSOnline

[j10asen]

Originally Posted by pk

U.S. families pay a record $4,200 for gasoline in 2011

A typical American family spent nearly $4,200 on gasoline in 2011, more than any year ever before.

Whether families end up pouring even more cash into their gas tanks during 2012 is an unknown. The answer, though, will likely have a major impact on economic growth and may even influence presidential politics as the November election approaches, market experts say.

FULL STORY HERE:
U.S. families pay a record $4,200 for gasoline in 2011 - JSOnline

prices rise up
wages slip down
that's what happens
when you live in auction town

stoney rohde

[Blue Baboon]

Then we wonder why people can't afford to buy things and businesses are going under.

The CEOs are still rolling in the dough, while the average employee can't barely afford the necessities.

[Bps1]

How's this even possible? Gas was way more expensive in 2008. I scored the best auto deal in my life on an SUV back then. I'm not asking for higher gas prices but in comparison to most countries we make out pretty good.

2012 should push us back up to $4+ per gallon prices. OPEC will most certainly take advantage of the US elections. When planning your year expect everything to cost more.

[MrKhay]

Gas prices have already increased nearly 25% since the 1st of January.

I'm displeased by this current news, as that the way fuel prices go, so does the cost of goods and services.