Here in Oklahoma, gas has just hit $2.49 a gallon for regular. It has jumped 50 cents in just the past few weeks. That kind of a change can really make a huge difference in someone's disposable income. For instance, my Mazda will now no doubt require more than $30 to fill up. My mother's Toyota Camry took over $30 when it was on a quarter of a tank.
It wouldn't be so bad if we had decent public transportation in this city. I would simply stop driving and take the bus to work. I may end up doing that anyway, but it will mean at least doubling my commute time.
This article is careful to point out that we are not at an all-time record for gas prices if you include inflation in the calculation--that happened during the Iranian revolution in the early '80s, when gas rose to the equivalent today of $3.00 per gallon.