Study Finds Gas Prices Are Big Factor for Many Family Budgets

GasBuddy's 2019 Consumer Sentiment on Gasoline Study reveals Americans are more dependent on and frustrated by fuel purchases than ever before.

The study finds a staggering 86 percent of Americans depending on gasoline for their everyday lives.

Additional key findings:

1. More than half of respondents (57%) believe gas is frustrating to budget for
2. Nearly two-thirds (65%) say gas prices impact their ability to spend money on other items and services. This impact is especially felt by young people age 18-24 (70%)
3. Nearly 40 percent of people say that gas prices affect their mood
4. Half of the respondents say that gas prices help them assess the health of the economy
5. 63 percent of respondents believe gas prices are too high, even though gas prices are some of the lowest since July 2017