Posted on 04/11/2011 3:49:05 PM PDT by NRG1973
Soaring gas prices are starting to take a toll on American drivers.
Across the country, people are pumping less into the tank, reversing what had been a steady increase in demand for fuel. For five weeks in a row, they have bought less gas than they did a year ago.
Drivers bought about 2.4 million fewer gallons for the week of April 1, a 3.6 percent drop from last year, according to MasterCard SpendingPulse, which tracks the volume of gas sold at 140,000 service stations nationwide.
The last time Americans cut back so much was in December, when snowstorms forced people to stay home.
Before the decline, demand was increasing for two months. Some analysts had expected the trend to continue because the economic recovery was picking up, adding 216,000 jobs in March.
"More people are going to work," said John Gamel, director of gasoline research for MasterCard. "That means more people are driving and they should be buying more gas."
Instead, about 70 percent of the nation's major gas-station chains say sales have fallen, according to a March survey by the Oil Price Information Service. More than half reported a drop of 3 percent or more - the sharpest since the summer of 2008, when gas soared past $4 a gallon. Now it's creeping toward $4 again.
(Excerpt) Read more at apnews.excite.com ...
Too bad they don’t make 1600 pound ecobox cars any more. Figure at least 800 pounds of safety nazi-mandated BS to weigh a car down. Imagine a 72 Honda Civic with today’s engine technology. Can you say 60 mpg?
Be careful! Experience says mules are smarter than some humans! LOL
What else are they supposed to use oil/gas mix with (meaning I bet a lot of people have AT LEAST a couple gallons of mix already made or left over from last year)? It would be a pretty smoky drive if they were to dump that in their gas tanks!
Four gallons of oil/gas mix for me would last almost the year; I have two acres of land. Those blowers and weed whackers don't hold much mix.
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