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Think $3 a gallon is bad? $3.50 is coming soon, say 72 percent of Americans

The little post I put up last night forecasted gas prices hitting maybe around $3.10 (on average) in the United States this summer. The pro-fuel efficiency group 40mpg.org says that most Americans (72 percent) believe prices will climb even higher in the next few months. According to a study 40mpg released yesterday, those 72 percent think prices will get to $3.50 this summer, and 28 percent think it'll reach $4 a gallon. What's the reason for the increase? People think (well, 82 percent of survey respondents anyway) that there's a lot of ... Read more →

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