26 May '11, 5pm

New Report on Gas Price Vulnerability: Who's Smarting, and Who's Smart

A Georgia family, cash-strapped by the recession, plans to take their daughter out of private school. They need the tuition money for gas, much of which they burn while stuck in Atlanta traffic. A student from Iowa puts her gas bills on her credit card, hoping to be able to pay off the debt when she graduates. A man in New Mexico shuttles between his job in Santa Fe and his fiancé in Albuquerque. His employer won’t allow flex time or telecommuting, which would give him the option to take the bus or work from home. So he spends about $11,000 a year – more than a quarter of his take-home pay -- on gas, insurance and car payments. These are extreme cases, but they illustrate a widespread problem. Georgia, Iowa and New Mexico are among the ten states whose drivers are most vulnerable to high gas prices, according to a report we released today . NRDC’s 5th annual state oil addi...

Full article: http://switchboard.nrdc.org/blogs/dlovaas/new_report_on_g...

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