Tuesday, May 03, 2011
The national average price for a gallon of regular gasoline has nearly hit the $4 mark, but most Americans don’t think it’s going to stop there.
A new Rasmussen Reports national telephone survey finds that 72% of American Adults say it’s at least somewhat likely that the price of gas will rise above $5 a gallon by July 1, up 14 points from two months ago. Only 25% say it’s not likely a gallon of gas will cost more than $5 by then. These findings include 38% who believe it’s Very Likely but only three percent (3%) who say it’s Not at All Likely. (To see survey question wording, click here.)
An overwhelming 94% of Americans believe it’s at least somewhat likely they will be paying more for gas in six months, including 76% who say it’s Very Likely. These findings show little change from earlier this year, but this is the highest level of pessimism measured since March 2010.
The survey of 1,000 Adults nationwide was conducted on April 30-May 1, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
ORBecome a member and get full access to all articles and polls starting at $3.95/month.
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $3.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.