Posts Tagged ‘oil’


One in Three Consumers Hurt By Gas Prices, Index Says

One-in-three U.S. consumers (32 percent) has already significantly reduced discretionary spending because of the increase of rising gas prices, according to the monthly RBC Consumer Outlook Index. With the national average price at approximately $3.20 per gallon at the time this survey was conducted (February 25-28, 2011) another one-in-five (18 percent) say they would reduce spending if gas prices climb to $3.75 per gallon. Four-in-10 (41 percent) place their pain threshold at $4.00 per gallon or more.

Read More...
Copyright © 2010-2023 by CaliforniaConsumerBanking.com. All Rights Reserved. Information from third party sources deemed reliable but not guaranteed.
Privacy Policy | Terms of Service | Contact Us | Press Releases | About Us | Staff