Outside View: Gas prices and consumers
College Park, Md. (UPI) Apr 12, 2011 - Gasoline prices are soaring past $4 a gallon in many places and driving will continue to be more expensive. Unless consumers are determined to again recklessly pile up credit card debt, higher gas prices will profoundly slow other purchases and the economic recovery. Over a three-year period, most folks don't have much control over how much they spend on rent and mortgage payments, util ... more
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