$5 gas near, 78% of Americans say

[phantom power]

This is a pretty amazing poll. Even I don't think gas is going to hit $5 this year. I'm not even 100% sure it will hit $4. People are really worried out there.

A vast majority of consumers expect to shell out $4 and even $5 a gallon this year, according to a recent poll.

http://money.cnn.com/2008/05/05/news/economy/gas_poll/index.htm

[Amerigo Vespucci]

1. It's already at $4

Silicon Valley, CA, and elsewhere. It's not too hard to imagine it hitting $5.

[phantom power]

5. Good point, but the national average is still at $3.60/gal

I would not be surprised by a national average of $4 this year, although I don't consider it a done deal. I will be truly surprised if it makes $5.

[Javaman]

6. I give it till Labor day. nt

[madokie]

9. Yes but that 3.60 is up from 3.00 not so long ago

five dollars sounds like a number they hope to attain and that they will settle on for a while into the foreseeable future. But, no one has a handle on it, theres just no telling whats in store for us. And that is the only constant I see.

[AndyTiedye]

2. It is Already $4 Here in California. It Will Hit $5 in the Blue States This Year For Sure

Expect the "swing" states to get a break until November.

[Tuesday Afternoon]

3. I think most states will see $5.oo gallon gas by the fourth of July.

I could be wrong.

[Duke Newcombe]

4. Response from Big Oil: "We work hard to meet our customer's expectations" n/t

:(

Duke

[Warpy]

7. I think it will hit $4.00, but not stay there

simply because this is an election year. Next year, especially if the Democrats get in, all bets are off.

[GliderGuider]

8. Gas in Ottawa is now $4.50 USD for a US gallon.

That's with gas at $1.20 CAD/liter. At $1.34 we break the $5.00 barrier. That should happen early this summer.