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Economic Impact on Gas Prices

Gas prices are up over 40 cents a gallon from this time last year. What impact will that have on the overall economy? A recent USA Today poll showed that 55 percent of people who make under $20,000 a year consider gas hikes a "financial hardship." Only 30 percent of people who make $50,000 a year called the increases a hardship. If the recent gas price increases reflect the state of the economy in the late 1970's, with



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Prices Gas, Texarkana Ark, gas prices, late 1970's, crude oil, percent people,
Approximate Word count = 302
Approximate Pages = 1 (250 words per page double spaced)

  

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