How Much Did The Typical American Family Spend On Gas In Year 2011?

0

When holiday travel is over, the typical American household will have spent about $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.

Source: U.S. Census Bureau/Becket Adams

Gas averaged more than $3.50 a gallon this year, another unfortunate record. And next year isn’t likely to bring relief.

Prices are high, despite slow economic growth and comparatively weak demand.

Q2 Hedge Funds Resource Page Now LIVE!!! Lives, Conferences, Slides And More [UPDATED 7/5 21:37 EST]

Q2 Hedge Funds Resource PageSimply click the menu below to perform sorting functions. This page was just created on 7/1/2020 we will be updating it on a very frequent basis over the next three months (usually at LEAST daily), please come back or bookmark the page. As always we REALLY really appreciate legal letters and tips on hedge funds Read More


“In 1981, when the economy was sliding into recession and oil prices were high because of Middle East turmoil, gas ate up 8.8 percent of the typical family budget,” says Fred Rozell of the Oil Price Information Service.

Read More: http://www.theblaze.com/stories/how-much-did-the-average-american-family-spend-on-gas-in-2011/