High Gas Prices Waiting for Millions of Holiday Drivers

By: AP Email
By: AP Email

(AP) High gas prices are waiting for millions of drivers as they head out of town for Memorial Day Weekend. The average price for gas is $3.23 a gallon.

Nearly half of those surveyed in a new AP - IPSOS poll say the near-record gasoline prices are causing “serious hardship.” That has prompted an increasing number of people to say they're considering buying a car that gets better gas mileage.

But there also are signs that a lot of people are clinging to their driving and vacation habits while grudgingly accepting the higher prices at the pump.

Slightly fewer people than last year say they're reducing their driving, cutting other expenses or curtailing vacation plans because of higher energy costs.

An automotive analyst says fuel costs will have to approach $4 a gallon and stay there for about a year to trigger a shift in consumer buying patterns.

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