July 2nd, 2008
12:00 PM ET
15 years ago

Change of plans for July 4 – gas too pricey

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/07/02/art.fireworks.gi.jpg caption="A new poll suggests Americans are staying home this July 4. "]NEW YORK (CNNMoney.com) - Many Americans will watch fireworks at home instead of hitting the road this July 4, according to a new poll released Wednesday, as record gasoline prices force people to make major changes in their daily lives.

According to a CNN/Opinion Research poll, 31% of Americans have canceled or shortened their planned holiday weekend vacation because of the recent increase in the price of gas.

"When consumers talk about their thinning wallets, high fuel expenses is the reason they would point to first," said Wachovia economist Tim Quinlan.

The average price of a gallon of gas rose to an all-time high above $4.09 a gallon Wednesday, according to a survey from motorist group AAA. Gas prices are now about 3% higher than last month and 38.5% higher than year-ago levels.

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Filed under: Polls
soundoff (128 Responses)
  1. TESAP


    I GUESS STUPID IS AS STUPID DOES................ 🙂


    July 2, 2008 02:53 pm at 2:53 pm |
  2. Bob Indianapolis, IN

    The real reason gas is so high is the idiot "Decider" and his gang of fiscal fools have let the dollar slide for 8 years. It takes more of them to buy oil, especially when speculators are betting on oil to hit $200 a barrel. During the Weimar Republic in Germany between WWI and WWII, it took a wheelbarrel of deutchesmarks to buy a loaf of bread. Look it up and cry for what Bush has done to the American Dream...

    July 2, 2008 02:56 pm at 2:56 pm |
  3. Donna

    I think that Vice President Cheney's Energy Task Force meeting is responsible for the fuel crisis in the USA. This is one of the reasons why he won't release the records, which he does not have the right to because it was paid for by the public's money, not from his own pocket.

    July 2, 2008 02:57 pm at 2:57 pm |
  4. theprogressivebigot


    Just imagine all the good things that are going to come out of poor people no longer being able to drive their cars. In fact, I can already see its effects on the traffic during my late morning drives to work.

    July 2, 2008 02:57 pm at 2:57 pm |
  5. Your logic is bad

    Dexter, KY July 2nd, 2008 1:15 pm ET

    Barack is looking better and better. For the first time in 15 years we will not be vacationing at our regular place. Gas is too expensive. I heard GW say things were improving because Americans are changing their habits. He's a moron–things are getting worse because Americans are changing their habits.

    The election can't come soon enough for me. I can't wait to vote for Barack Obama.


    How do you and others equate rising fuel prices to a vote for Obama? What short-term help is he proposing? Nothing, huh? All he says is "find and use alternative energy sources", which are years and years away. Not to mention, the market is and has been working on this. Stop buying stuff if you don't like companies making money. Trust me, you're getting ripped off more by your phone company than you are by "big oil".

    July 2, 2008 02:58 pm at 2:58 pm |
  6. Doris,Memphis,TN

    Americans don't need low gas prices.
    We don't need a vacation!
    We don't even need house.
    Vote for McBush!
    It will get better.

    July 2, 2008 03:01 pm at 3:01 pm |
  7. Ian

    In 1964 a gallon of gas would cost about 30 cents per gallon. In 1964 (and earlier) a quarter contained about 90% silver. It took about 5 quarters to get an ounce of silver. Today silver goes for about $18.35 an ounce. Each quarter from 1964 and earlier should then be worth about $3.67 ($18.35 / 5). Today, gas is about $4.20 per gallon.

    If our dollar were still backed by silver, gas would only cost a little over a quarter ($4.20 / $3.67).

    I can only think of one presidential candidate that has addressed this problem, and it's not McCain or Obama.

    July 2, 2008 03:07 pm at 3:07 pm |
  8. Debbie,Ewing,Nj

    McCain Voter. Here is a suggestion for the stupids: Why don't you stop buying those monstrously huge SUV's and start driving something a little more fuel efficent? Do you really need a 3 ton SUV to go buy groceries?
    **************************************************************************** I guess you can't afford an SUV. You are the stupid one. Your IQ probably isn't even 50. Getting rid of SUV's will not drop the prices. They'll just be more gas for everybody. The prices will stay the same as long as the crooks who are price guauging and the greedy speculators are out there.

    July 2, 2008 03:18 pm at 3:18 pm |
  9. Ariana

    DC is right up the street from me, but I'd rather stay home 🙂

    July 2, 2008 03:18 pm at 3:18 pm |
  10. Bob

    "When consumers talk about their thinning wallets, high fuel expenses is the reason they would point to first," said Wachovia economist Tim Quinlan.

    Hmmm,, That's because they don't read too much. Wachovia experts are expert at defrauding the seniors and ill-informed in this country! If I ever find myself agreeing with a mega-bank, I'll take a course in ethics to regain my sense of decency. Crime doesn't pay?? Not if you're a bank exec winning big and getting fined little!

    July 2, 2008 03:20 pm at 3:20 pm |
  11. john 'keating five' mccain

    "the answer to gas prices and a terrible economy? get a second job." this inspiring message of hope and positivity has been brought to you by John "Keating Five" McCain.

    July 2, 2008 03:21 pm at 3:21 pm |
  12. Donna in ID

    To bad no one has the guts to get us out from under this mess and quit letting the oil countries and companies rule the world. Stop and thnk of the control they have in your life. Lets gt rid of a BUNCH of this ecology junk and people and thinking and start drilling any place we can. NOW!!!! You think for a min that wouln't get everyones attention. Even if prices just stabled for now it would show these people we have changed the last plans in our lives to bow down to their control. GET ON THE "LETS START DRILLING " BANDWAGON. So we don't end up a 3rd world country under the thumbs of the oil regemes. It sure would also put a lot of people to work and boost our economy. Time to make your voices heard.

    July 2, 2008 03:24 pm at 3:24 pm |
  13. Lynn

    To Gas Should be $10.00 a Gallon – Are you one of the paid Obama workers.

    July 2, 2008 03:24 pm at 3:24 pm |
  14. Better gas milage tips - Sujith, NE

    I follow hypermiling tips to save gas.I get almost 38.5 off my bimmer.Just go real easy on the pedal.average 65.coast to stop lights.
    take off all the extra luggage from the trunk.no jack rabbit starts.
    Have a great 4th and hope that next time around things are better!

    Obama 08 !

    July 2, 2008 03:27 pm at 3:27 pm |
  15. D, Carson

    I'm celebrating the fact that these are the last months we'll have a moron in the White House.

    July 2, 2008 03:29 pm at 3:29 pm |
  16. Willow, from Iowa

    I'm going to watch the fireworks from my screened in porch. I live 2 blocks from the fireworks. Drink my iced tea, no mosquitos, no crowds.

    July 2, 2008 03:30 pm at 3:30 pm |
  17. Montana is Obama Country

    The co-host of a recent top-dollar fundraiser for Sen. John McCain oversaw the payment of roughly $1.7 million to a Colombian paramilitary group that is today designated a terrorist organization by the United States.

    July 2, 2008 03:31 pm at 3:31 pm |
  18. Flat-earther, Georgia

    Everything is wonderful. I am going to celebrate as I always have. A few dollars more for fuel is no big deal. GWB is the best POTUS we have ever had.

    July 2, 2008 03:39 pm at 3:39 pm |
  19. Pete

    In 1973 we has gas crisis and people still drove gas gazlers. People were talking about alternate energy and nothing happen. People love their convinience and nothing else mattered. Now we have another energy crisis and it hit us bad. Prices of everything is going up. Because of crisis people had to find a scape coat. They are pointing fingers ar president. He is guilty almost everyone says. Lets review. From 1973 until now we did not learn any lessons. Many of us are driving USS bad mobile and are consuming plenty of gas. What would happen if we started conserving energy then and continued until now. Would prices be this high? What about if many of us would change our life styles and got involved in the carpools, where possible use public transportation, simply refuse to fill up our fuel tanks once or twice per week, what about drive when need not when it suits me, could you save a gas, etc. Are we finally ready to use sun, nuclear, and wind energy when we can. How many of us are willing to convert to different energy.
    Some smart person use to say; Before you point fingers at someone, look at yourself first. If you think that politicians democrats or repuclicans will help you, you are on the wrong track. They will first help themselves to your cash anyway they can.

    July 2, 2008 03:40 pm at 3:40 pm |
  20. Texas Liberal

    Those who blame the high oil prices on government regulations are naive. Laws may prevent some drilling in pristine wildernesses, but oil companies are sitting on lots of oil leases and not drilling? Why not? Wrong question.

    Why should they? So they can sell product cheaper to you and me? I don't think so. They will drill in time, when the price is higher.

    Jimmy Carter tried to take swift action to save oil by reducing speed limits and mandating higher mileage for American cars. American voters showed him a thing or two by electing a harmless old duffer to replace him.

    What actions have the oil companies taken to help the world out? Zip.

    July 2, 2008 03:46 pm at 3:46 pm |
  21. Carl from MI

    It's the Fourth of July... a day to be PATRIOTIC. I consider it my patriotic duty NOT to support BIG OIL and the rape of the US public. It's time to draw the line. If Big Oil isn't with the US Public, then they're against us... (Bush and the NeoCons used that logic, so I figure it can work for us too!!)

    July 2, 2008 03:52 pm at 3:52 pm |
  22. Debby

    Yep and everyone laughed at McCain and Hillary's proposal for a little gas tax relief this summer. Where are these dissed economists now that said it wouldn't work. I see they haven't come up with a solution either.

    July 2, 2008 04:00 pm at 4:00 pm |

    Marc PDX....

    RIGHT AT THIS VERY MOMENT... the oil companies have leases for MILLIONS of acres.... wait for it..... THAT THEY ARE NOT DRILLING

    They can drill those areas.. (areas where proven reserves are, righ there on American soil).....

    i DARE you to address this......

    i DARE you to ask the WHY they areen't using the leases THEY HAVE

    July 2, 2008 04:11 pm at 4:11 pm |
  24. DJ, LA, CA

    Good take by Donna...if blame goes to anyone it would definitely be Dick Cheney and his secretive, behind closed door meetings.

    Only once did he meet with executives from renewable energy companies and meet with oil/gas executives 40 times. Of course he still cites executive privledges to keep the list of attendees a secret. Does it get any more corrupt than that?

    July 2, 2008 04:12 pm at 4:12 pm |
  25. gary


    July 2, 2008 04:13 pm at 4:13 pm |
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