$4 Gasoline Could Lead To Demand Destruction In The U.S.

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$4 Gasoline Could Lead To Demand Destruction In The U.S.

More than half of all Americans said they would change their driving habits or lifestyle if the cost of gasoline rose to $4 per gallon, new AAA survey data shows. The survey, conducted last week when gasoline was "just" $3.50 per gallon, showed that two-thirds of Americans felt gasoline prices were already too high. Fifty-nine percent of those surveyed also suggested that they would change their driving habits or lifestyle if gasoline reached $4. We have now arrived and surpassed that level, although time will tell whether those intentions...

Source: $4 Gasoline Could Lead To Demand Destruction In The U.S.

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