International Edition
Search
CNN.com Home Page -
CNN Exchange
Monday, May 07, 2007
Poll: Most Americans expect gas prices to reach $4 per gallon this year

Gas prices well over $3.00 per gallon are displayed at a Union 76 service station in San Rafael, California.

WASHINGTON (CNN) -- More than three in four Americans think it is likely that gas prices will hit $4 per gallon this year, and nearly half of them consider it very likely to happen, a poll said Monday.

But only a quarter of those surveyed said that gasoline is likely to reach $5 per gallon this year, and only 10 percent said it is very likely.

Eight in 10 called current gas prices unreasonable.

And only 18 percent said that gas prices are reasonable compared with the price of most other things they buy.

The telephone poll of 1,028 adult Americans was conducted Friday through Sunday. It has a sampling error of plus-or-minus 3 points.

The poll was released a day after the Lundberg Survey reported that the price of gasoline has hit a record high, averaging $3.07 for a gallon of self-serve regular in the United States.

The previous high, set last August, was $3.03.

When inflation is factored in, the new price falls just short of the all-time high set in March 1981. At the time, gasoline cost $1.35 a gallon -- in today's dollars, that's $3.13 a gallon, said Trilby Lundberg, publisher of the Lundberg Survey.
CNN Comment Policy: CNN encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNN makes reasonable efforts to review all comments prior to posting and CNN may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNN the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNN Privacy Statement.
Search
© 2007 Cable News Network.
A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines. Contact us. Site Map.
Offsite Icon External sites open in new window; not endorsed by CNN.com
Pipeline Icon Pay service with live and archived video. Learn more
Radio News Icon Download audio news  |  RSS Feed Add RSS headlines