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  • barackdonein2012 Mar 9, 2012 7:42 AM Flag

    In U.S. $5.30 Gas Would Force Major Life Changes on YOU!!!

    In U.S. $5.30 Gas Would Force Major Life Changes on YOU!!!
    Most Americans want the president and Congress to take action on gas prices
    by Frank Newport
    PRINCETON, NJ -- Americans on average say gas prices of $5.30 to $5.35 per gallon are the tipping point that would make them cut back on spending in other areas or make significant changes in the way they live their lives.

    These responses are based on questions included in Gallup interviewing conducted March 5-6. The price of a gallon of regular gas has jumped over the last several months to an average of $3.76 on March 8 from an average below $3.35 in November, according to the AAA Daily Fuel Gauge report.
    The two questions about the implications of the rising price of gas on spending and lifestyle changes were asked of two separate random split samples of about 500 respondents each. Americans appear to make little distinction about the impact of gas prices, whether the question is worded as "significant cutbacks in your spending in other areas" or "significant changes in the way you live your life."
    The responses varied widely, with 14% to 17% of Americans saying a price of less than $4 per gallon would be high enough to cause them to change their lifestyle or cut back on spending elsewhere. Another 28% each say a price point in the $4 range would cause these changes. The overall average "tipping point" price of roughly $5.30, however, suggests there is room for a considerably greater increase in gas prices before Americans say prices will begin to have widespread, serious consequences on their spending and lifestyle patterns.
    Americans Want President and Congress to Take Action on Gas Prices
    Despite the finding that the price of gas is apparently not yet causing significant disruptions in Americans' lives, most Americans still want their elected representatives in Washington to address the issue. Eighty-five percent say the president and Congress should "take immediate actions to try to control the rising price of gas."
    ABO in 2012!!

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    • At one time, the magic number was 4 bucks. See, people get conditioned easily. That's why they say Americans are RESILIENT.

    • butchrasner Mar 9, 2012 9:59 AM Flag

      0bammy and his flying monkeys just don't get it. They're trying to pry open the tight wallets of the people who know the truth about 'green' energy, the economy, the debt, the auto unions, etc. They want those wallets to buy useless green products to boost the economy, lower the debt, enlarge the useless unions etc.. Typical antics of an ACORN magazine salesman who became president.
      I think gas can go to $200/gal and those wallets will not open, they will just go elsewhere.

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