Wednesday, March 31, 2010

Which States Pay Highest Gas Prices

(Click Image To Enlarge)
Gas Prices as a percent of income varies by state. See how each state fares. Credit: Karl Tate/LiveScience

From Live Science:

Everyone grumbles when prices at the pump rise, but some drivers pay more depending on where they live. A new study shows how gas price spikes hurt the wallets of drivers in some states more than in others.

On average, Mississippi drivers spent more than 6 percent of their annual income on gas in 2009, compared to drivers in Connecticut and New York who spent just 2.5 percent of their income on gas. But a price spike similar to the one in July 2008 would have worsened the imbalance — Mississippi drivers would have seen driving costs shoot up to 11 percent as opposed to just 4.3 percent for Connecticut and New York. [See gas prices in your state.]

Read more ....

No comments: