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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCalifornia's Poorest Are Getting Crushed
http://www.businessinsider.com/california-gas-prices-peaked-2012-10The average California family uses about 100 gallons of gas a month, according to AAA's Michael Green.
So with an average price of about $4.50 a gallon, that adds up to $450 they will spend on gas, starting from last week.
"That hurts families," Green said. "They can't spend that money on something else, it's money can't save."
Spending on restaurants and movies usually goes first, he said. And low-income families, who spend around 10 percent of their discretionary income on gas, will be hurt hardest.
The $450 figure doesn't even include indirect costs families will pay as consumer items become more expensive to ship, Green added.
Read more: http://www.businessinsider.com/california-gas-prices-peaked-2012-10#ixzz28jX2gGpy
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California's Poorest Are Getting Crushed (Original Post)
xchrom
Oct 2012
OP
I'm very fortunate that I now live in Santa Rosa and work in Santa Rosa
DisgustipatedinCA
Oct 2012
#3
Comrade Grumpy
(13,184 posts)1. Last Monday, it was $4.13 at Rotten Robbie in Sebastopol
On Tuesday, it had jumped to $4.29
On Wednesday, I drove to LA, had to pay $4.45 in the Central Valley
On Saturday on my return trip, I had to pay $4.74 in the Cental Valley.
Today, Rotten Robbie is at $4.59.
DisgustipatedinCA
(12,530 posts)3. I'm very fortunate that I now live in Santa Rosa and work in Santa Rosa
Not everyone is so lucky.
xchrom
(108,903 posts)2. I'll give this 1 kick. Nt
Starry Messenger
(32,342 posts)4. k&r
KamaAina
(78,249 posts)5. And the whole thing smells of Enron-style market manipulation
http://www.democraticunderground.com/1014257730
I think they ought to scrap this whole changeover thing twice a year and just make summer gas all year round. We'd be paying a few pennies extra in the winter, but no more spikes like this -- and have cleaner air to boot!
I think they ought to scrap this whole changeover thing twice a year and just make summer gas all year round. We'd be paying a few pennies extra in the winter, but no more spikes like this -- and have cleaner air to boot!
KamaAina
(78,249 posts)6. And guess who moved way out of town to find somewhat affordable housing?
I guarantee you it wasn't any of the 1 percenters. It's generally the lower middle class who "drove 'til they qualified".
Seriously, up here, people drive in to Silicon Valley from Stockton and Modesto. At 30 mpg that's four gallons, or $18, a day.
xchrom
(108,903 posts)7. this is a classic example of 1 of the ways we transfer wealth from the bottom to the top.
and we get to out 'outrage' after the fact.