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With the average price of fuel in American about ready to hit the $4.00 a gallon mark commuters are driving less to help make ends meet. According to a new poll by Fox News, 62 percent of respondents say they have reduced the amount of driving they have done.
The increased cost at the pump is also sparking many Americans to consider smaller cars, with 47 percent of respondents saying they’d look at buying a more fuel efficient model for their next purchase. This trend is supported by April’s new car sales figures released yesterday, which showed a clear trend towards smaller cars, with vehicles like the Chevrolet Cruze up 50%.
As one would expect, the rising price of a gallon is affecting lower income families more, with 73 percent of those earning below $50,000 say they are driving less, compared to 57 percent of those over the $50,000 mark.
And to show just how much of an effect rising gas prices can have on the average family, 50 percent of those polled from the lower income bracket said they had to give up household necessities to pay for gasoline, compared to 25 percent in the higher income group.
Of course, this poll is not without a political message, with 61 percent of those asked saying they are in support of domestic drilling for oil.