retail news in context, analysis with attitude

USA Today reports that “with the average price of regular gasoline now hovering near $3.80 a gallon nationally, prices at the pump are nearly a dollar higher than a year ago. For the average American who drives about about 15,000 miles a year and uses roughly 750 gallons of gas annually, that dollar increase per gallon has eaten about a $750 hole into the household budget per car.”

Experts tell the paper that they expect the same kind of impact that accompanied the last gas price spike in 2008 to happen again, including consolidated shopping trips, adjusted or cancelled vacations, and greater use of mass transportation when and where available.
KC's View:
I keep wondering when the hell we are going to learn that this is a trend without end, that gas prices are going to keep going until we find and buy alternatives.