its because of credit cards. most people absorb these higher gas costs, because they buy gas on credit, and it just gets rolled into their debt load.
want to see some conservation - ban credit card purchases for fuel - cash or debit only.
"its because of credit cards. most people absorb these higher gas costs, because they buy gas on credit, and it just gets rolled into their debt load."
That well may be, but prices have been high long enough to hit very hard on those folks who practice this without being able to afford it. I've had to raise prices on our company services more than three times to try and compensate. My credit card bills keep coming in and I pay them off (for the most part).
Just an observation here in a county of Florida that's mostly middle class. I've seen no slow down in purchasing or buying of smaller cars. ???
Again, I am no economist.