Article: Americans Expect Gas Prices to Increase by 21% This Year; Sixty-three percent say gas prices have already caused them financial hardship.(Survey)

Byline: Dennis Jacobe, Chief Economist

Synopsis: Americans expect gas prices to reach $3.98 a gallon where they live this year -- up 21% from currently reported levels.

PRINCETON, NJ -- Americans predict gas prices in their area will hit $3.98 a gallon this year.

Gas Prices Are Creating Financial Hardship

A new USA Today/Gallup Poll, conducted March 14-16, 2008, shows increasing gas prices are creating financial hardship for nearly two in three American families. However, the poll also suggests that the current degree of financial hardship has yet to reach post-Katrina levels.

As Hurricane Katrina was devastating ...

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