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Retail gasoline prices stay high on concerns about the Middle East and Europe
#23
Percentage of U.S. family income spent on gas highest in 30 years

NEW YORK — It’s been 30 years since gasoline took such a big bite out of the family budget.
When the gifts from Grandma are unloaded and holiday travel is over, the typical American household will have spent $4,155 filling up this year, a record. That is 8.4 percent of what the median family takes in, the highest share since 1981.
Gas averaged more than $3.50 a gallon this year, another unfortunate record. And next year isn’t likely to bring relief.

http://www.nj.com/news/index.ssf/2011/12...ncome.html
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Retail gasoline prices stay high on concerns about the Middle East and Europe - by nky - 01-24-2012, 02:38 PM

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