Posted on 04/23/2013 2:00:46 PM PDT by thackney
Drivers’ views of “too high” gasoline prices appears to be changing after seeing years of steady hikes at the pump.
According to a AAA survey, more than half of adults believe gasoline is too costly when it reaches $3.44 per gallon. Those adults are driving, buying and dining out less as a result of the higher prices.
“It was not long ago that motorists were shocked to pay more than $3 per gallon for gasoline, but now that is standard at stations nationwide,” said Robert L. Darbelnet, president and CEO of AAA. “Expensive prices have forced many motorists to change their driving habits.”
Gasoline is currently averaging $3.51 per gallon in the U.S. and $3.40 a gallon in Houston, which had the most expensive average in the state. Gasoline prices have declined 15 cents this month in Houston as demand dropped and supply increased domestically.
The AAA survey suggests drivers are not quite as fazed by gasoline topping $3 as they once were. The survey found 46 percent of participants believed $3 was too high to pay for gasoline.
Drivers said those higher prices have made them adjust their habits by driving, dining and shopping less. The study found people between the ages of 18 to 34 were more likely to take public transit or live closer to work.
The survey comes after nearly five years of steady increases at the pump. Gasoline prices dropped below $2 in late 2008. Since then, gasoline prices have been on a steadily approaching the $4 mark.
Anything over $1/gallon is too high.
Government opinion:
If you’re still breathing, the cost isn’t too high.
Easy answer — to the MSM, when a Republican is president, the price of gas is too high.
Simple. When it causes Democrats to start losing elections.
Every damn day.............
When this guy says it is.
I recently filled up at a station that had serious traffic problems. Soneone else who was filling up his car remarked, “Man, this place is busy! Must be cheap or something.”
Regular unleaded was $3.659 at this particular station. A few years ago, if you told me I’d consider that a low price for gasoline, I would have said you were crazy. And really it’s only good relative to what I’d pay elsewhere; it really wasn’t too terribly long ago that I could completely fill the 12-gallon tank in my Miata and get change back from a $20 bill.
BS media propaganda story to make idiots think 3.50+ for a gallon of gas should be the norm.
When this guy says it is.
LOL!
Do you remember his name? I’d like to find out what he’s doing these days.
Warren Buffett lost a billion dollars running up the price of gas in 2008.
$4 gas caused a media meltdown before Jan 2009.
Now it’s the “new normal”
Just like so many other parameters of the economy like 8% unemployment.
Personally I’m still looking for the wormhole that “McJobs, homeless problem, and recovery for Wall $treet but not Main Street” slipped into, never to be heard again.
Consider this. In 1964 a silver dollar bought 3 gallons of gas at .30/ gallon. Today that silver dollar is worth $22. It buys around 6 gallons of gas. It’s not that the price of silver has gone up. What has happened is the value of a dollar has dropped. In 2008 there were $900 billion dollars in circulation. In 2009 it was $1.8 trillion and a year later it was $3.1 trillion.
Gas has not gone up in real value terms. In real value terms it is about .15/gallon in 1964 dollars. Partially, that is because last year 25% fewer miles were driven. This is because fully 17% of the workforce is not driving to work. Also, probably half of the country is not going on their usual driving vacations. We suddenly have so much over capacity that we’re shipping gas off-shore.
If the economy recovered to pre-Obama times then the price of gas will surge to $8/gallon. (.30/gallon in 1964 dollars.)
Only when a Republican is President...otherwise, it seems to be no big deal..even when gas prices far exceed those of the prior administration./s
Gee. I wonder what happened in late 2008 that sent gasoline prices doubling???
The 83% rise in the price of gasoline was another of the potential winning campaign issues the Romney team ignored in 2012. Much better to just stand there and let the incumbent beat you up for being a wealthy man.
The 83% rise in the price of gasoline was another of the potential winning campaign issues the Romney team ignored in 2012. Much better to just stand there and let the incumbent beat you up for being a wealthy man.
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