Tuesday, March 15, 2005


Just curious, how much per week do you spend on gas generally?

...anyway, I was wondering because I was just trying to get a sense in an anecdotal way of how painful further increases in gas prices would be. I have to say, not all that much. Sure, any increase in the price of something you need hurts if you're at the lower end of the income distribution, but even for people who drive a lot gas expenses don't appear to really be a significant portion of your expenditures.

...and, yes, oil and gas price increases make everything more expensive, but I was curious about "pain at the pump."