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72 percent of Americans expect $4 gas this summer

The group 40 MPG (a project of the Civil Society Institute) sends out regular surveys to gauge public perception about the future of gas prices. Last May, for example, 40 MPG and CSI found that 72 percent of Americans were expecting $3.50 gallons of gas on the way (which didn't happen). This week, the group finds a similar percentage (71) are expecting even worse prices - $4 a gallon - in summer 2008 and that 48 percent expect prices over $4 by the middle of this year. Whether or not those prices come, 40 MPG and CSI say that over half of ... Read more →

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