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BUSINESS

57% Report Paying More For Gas Compared To Six Months Ago

Fewer adults nationwide say they’re paying more to fill up their gas tanks compared to six months ago, though a strong majority still expects to be paying more in the near future.

The latest Rasmussen Reports national telephone survey of American Adults shows that 57% say they are paying more money for a gallon of gas than they were six months ago. That’s down considerably from 93% in May and 87% in January. Still, the latest finding is up from 40% nearly a year ago.

Now, just 14% say they’re paying less for gas now compared to six months ago while 26% say they’re paying about the same amount. (To see survey question wording, click here.)

Most adults (78%) say it’s at least somewhat likely they’ll be paying more for a gallon of gas in six months, including 52% who say it’s Very Likely. However, the overall number is down from 94% in May and 87% earlier this year. Only 11% say it’s not likely they’ll be paying more for gas in six months, while the same number (11%) is not sure.

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The survey of 1,000 Adults was conducted on August 24-25, 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.

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