Gas Prices Rising As Americans Spend Record Amount On Fuel In 2012

* Households spent $2,912 on gasoline on average in 2012 * Motor fuel costs make up 4 percent of pre-tax income NEW YORK, Feb 4 (Reuters) - Households in the United States spent a record amount on gasoline last year, the U.S. Energy Information Administration said on Monday, with more of their income going toward motor fuel costs than at any time since the 1980s.

BING NEWS:
  • Inflation-shocked low- and middle-income Americans may not spend normally for years
    The inflation shock of 2021-22 will have a lasting impact on how low- and middle-income Americans spend money, economists say.
    10/25/2024 - 7:10 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News