Give the American consumer credit: They know gasoline prices are volatile, and that there’s no guarantee that this vacation from expensive gas will last.
According to a phone survey by Rasmussen Reports:
Ninety percent (90%) of American Adults say they are paying less for a gallon of gas than six months ago, but 69% think it’s at least somewhat likely those prices will go up again over the next six months … Just 19% believe they are unlikely to be paying more in six months’ time. These findings include 40% who say it’s Very Likely a gallon of gas will cost more and only three percent (3%) who say it’s Not At All Likely.
Better start pocketing all that money you’ve been saving with every fill-up.
But how can we make low gas prices sustainable for the long term? If only there were a high-quality documentary that lays this all out in a tidy 127 minutes.