Americans Feeling Pain At The Pump


Gas prices nationwide have risen 30 cents in a month, causing financial hardship for 67 percent of homes, a new poll finds.

Though Colorado Springs remains well below the national average--$3.16 a gallon compared to $3.73 a gallon--area drivers are feeling the pinch.

One woman tells 11 News she's not driving as much in order to conserve gas, while another says he is now walking to work.

The poll found people in the West are suffering the most under the weight of high gas prices, followed by the Midwest and South. Eighty-six percent of those polled see no end in sight, while only 6 percent believe prices will drop again.

Economists say high gas prices shouldn't derail economic recovery, as the U.S. is better shape than a year ago, the last time the nation saw a similar jump in gas prices. Most added a caveat, however, that if prices rise above the record of $4.11 a gallon, all bets are off.

Though experts have said gas prices are beyond the president's control, voters don't agree; a small majority think gas prices are something a president can do a lot about. When examined for partisanship, the poll found Republicans were far more likely (71 percent) to blame the president for gas prices than Democrats (42 percent).

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  • by Bron on Mar 4, 2012 at 06:09 AM
    Whether his supporters will admit it or not, this is exactly what Obama said he wanted - a gradual rise to $5/gal gasoline in the U.S. All he has to do is...nothing. He's very good at that.
  • by yup on Mar 1, 2012 at 11:27 AM
    Exxon the largest grossing corporation per quarter in WORLD HISTORY
    • reply
      by LedHed on Mar 1, 2012 at 12:01 PM in reply to yup
      Of the Top-10 Most Profitable Companies, only two are in energy development and production (Exxon and Chevron), but you don't see people up-in-arms about the other eight, which includes AT&T (#2), Microsoft (#4) and IBM (#7). Could they provide their services and/or products at lower prices? Absolutely, but they're in business to make a profit, just like any other enterprise, so don't just cherry-pick those whose profits or policies you disagree with.
      • reply
        by Tax Payer on Mar 2, 2012 at 02:41 PM in reply to LedHed
        Its robbery !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
  • by huh on Mar 1, 2012 at 11:24 AM
    Pumping and drilling more than ever before. US demand way down. Exporting way more than importing. But prices skyrocketing. Monopoly ? Price gouging? Anti-trust?
  • by fix it all on Mar 1, 2012 at 10:18 AM
    I know a way to end all this oil problems... drop a nuke down each well and incinerate it all... it has to run out sooner or later... just like any other addiction the best way is to quit cold turkey
  • by @ledhed on Mar 1, 2012 at 10:12 AM
    Oil subsidies are paid out by the tax payer though each year oil companies rake in record profits higher than the year before and more than any other industry. Speculators are in it for themselves and Congress works for big oil. In the end oil companies are getting all the money other industries are losing it...or are having it stolen from them. But they will never stop themselves gluttony is in their DNA.
    • reply
      by LedHed on Mar 1, 2012 at 11:06 AM in reply to @ledhed
      They earn "more than any other industry"? Ridiculous! For instance, Microsoft earns much more every quarter than any energy speculator/develop/provider, esp. when you factor in all the R&D the energy companies must invest in, and your claims of thievery and gluttony are baseless and "sour-grapes" hyperbole.
  • by Monique the Cat Lady on Mar 1, 2012 at 09:38 AM
    There is only one guilty party. The price of oil will continue to be an insult until the American people stop consuming it in such insane quantities. Whoever you feel inclined to blame, you give them their power by driving too much and buying too much. Until we deal with our oil addiction they will continue to drill into our wallets and frack our paychecks.
  • by Anonymous on Mar 1, 2012 at 08:48 AM
    I like this. I saw it in an email someone sent me: Why is it that Iraq sells oil for $128.00 a barrel, and then buys our grain for $7.00 a bushel? Solution: We sell Iraq our grain for $128.00 a bushel, if they can't afford it then tough, they can eat their oil. Then oil prices will come down, or the American farmer will get rich.
    • reply
      by LedHed on Mar 1, 2012 at 09:12 AM in reply to
      Wish we could do this (oh', how do I!), but the value of crude far exceeds that of grain, esp. when you consider the capital that is needed for extraction, shipping, R&D, etc.
  • by Nath Location: Colo Spgs on Mar 1, 2012 at 08:23 AM
    Blame is being passed around like a joint on the school yard. Truth is, there are several culprits and most of them are in Washington and New York. The one who actually admitted this was coming said so a few years ago when he said "The price of energy will necessarily have to skyrocket." Democrats AND Republicans share the blame. Blaming the other guy in Washington is the same old ploy used for decades to deflect attention from each other while still getting the agenda passed. Now, for the bad news if you think we will be able to protest the unconstitutional things those in Washington continue to pass at an accelerating pace. The "Land of the Free" just became less free. "Congress Passes Bill Severely Curtailing First Amendment Liberties"
  • by Colorado Location: C/S on Mar 1, 2012 at 08:15 AM
    Seems to me by my recollections that in 2008 when the Campaigner in Chief was talking about high gas prices that it was due to the Bush Administrations failed energy policies. Now he spins it as progress toward "cleaner" energy. I'm glad you think the country is doing great Anonoymous, I don't see that when I read page after page of foreclosures in the Sunday newspaper and see my neighbors having to "short sale" their home because they have lost their job. Additionally, you'll not only feel the pain at the pump but how about the high costs of goods and commodities because of increased freight costs?
    • reply
      by LedHed on Mar 1, 2012 at 08:18 AM in reply to Colorado
      Good call, and notice how "Anonymous" hasn't replied to either of our comments...
  • by ready on Mar 1, 2012 at 08:05 AM
    That's how it starts first no eating out then no extras then movies then big purchases then impulse buying then recession and hours cut but the oil and gas companies rake in record profits stolen from all other industries
    • reply
      by LedHed on Mar 1, 2012 at 08:11 AM in reply to ready
      Please explain how oil and gas companies are "stealing from all other industries"...
      • reply
        by Marion on Mar 1, 2012 at 08:33 AM in reply to LedHed
        People HAVE to purchase gasoline to get to work to pay for essentials like medical, housing, utilities, etc.. That's a given. When the greater portion of their income is spent on fuel, that leaves less $$$ for non-essential purchases like eating out, movies,and clothing. I agree with poster who said that they will be cutting back on eating out and what not. When it costs near $140.00 at todays pump prices to fill our 2 vehicles every week, who can afford fun anymore?
        • reply
          by LedHed on Mar 1, 2012 at 09:15 AM in reply to Marion
          But "Big Oil" still isn't "stealing" from anyone, no matter how much of a fiancial burden it puts on consumers, and if "fun" expenditures have to be curtailed, then so be it. Simple economics, like it or not...
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