Quote:
Originally Posted by jencar98  Clark Howard said the other day, he looks for gas prices to be back down before the end of the year. My guess would be in November after the election - whoever wins. |
Yes, but really, they won't drop much....which is the sad thing.
Locally, we have had several gas stations close...either because they can't afford the gas prices or they are just not making enough to keep afloat.
We were on a trip to my parents cabin the other day and past by an older gas station that had been closed for awhile and the gas sign still read $1.75...we all soo wish it was back there...but we will more than likely never see it back in the $2 range.
I do think a lot of us have cut back on spending...not just on things that we want, but some things that we need too.
It seems, gas prices go up, utilities go up, groceries have really gone up. Some people are just working just to keep gas in their cars and almost nothing else.
Just the other day, we got a letter from our house insurance, saying that it was being raised because if something were to happen, there would be no way we could rebuild at the price we built it for or what our coverage is for....that is HORRIBLE!
--we are looking into other plans/companies!
I know at my DH's work...their insurance increased and they did away with over time and several other things...but yet their pay never increases to keep up w/ all the other increases!
I do think the economy will perk up again...it will just be a slow and tough process for awhile.