Round-trip airfare from New York to Los Angeles. More than a dozen dinners for two at Applebee's. Two 16 GB iPod nanos.
These are just a few of the things you could have bought if you weren't spending $368.09 a month on gasoline.That's the average amount American households spent on gas in April, according to an exclusive analysis of data by the Oil Price Information Service for CNNMoney.
That's more than double what the average American family spent just two years ago, when gas prices were hovering around $2.05 a gallon.
"Gas prices have just skyrocketed," said Fred Rozell, director of retail pricing at OPIS.
After surging nearly 30% this year, the national average price for regular gasoline is less than 2 cents away from $4 a gallon. That's still below the all-time high of $4.114, but prices in many parts of the country have already risen to new records well above that level.
For drivers in some states, the pinch of high gas prices is particularly painful.
Mississippi tops the list, with the average household spening over 14% of their total income on gas last month.
Answer by cassie_kellison at 12:34 PM on May. 7, 2011
Answer by Izsarejman at 12:36 PM on May. 7, 2011
Answer by SabrenaLeigh at 12:37 PM on May. 7, 2011
Answer by But_Mommie at 12:37 PM on May. 7, 2011
Answer by cara124 at 12:48 PM on May. 7, 2011
Answer by yourspecialkid at 12:48 PM on May. 7, 2011
I am not sure. I know it's more than two years ago. DH used to drive a company car and they paid for gas as well. He took a promotion to a different division and since he doesn't have to travel as much he drives his own car again and pays for his own gas. I am driving about half as much as I used to so I would say probably around $350-$400 a month for our two vehicles.
Answer by QuinnMae at 12:56 PM on May. 7, 2011
Answer by MamaStuart at 1:01 PM on May. 7, 2011
Answer by Anonymous at 1:11 PM on May. 7, 2011
Answer by BabyBugsmama at 1:13 PM on May. 7, 2011
Next question overall
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