Everyone hates to spend money at the gas pump. It’s an age-old complaint – even when gas was under $1 a gallon, people still complained about rising gas prices. In 2011, gasoline expenditures (as a percentage of the total family budget) have approached their highest level in 30 years. According to the Oil Price Information Service, 8.4% of the average family’s income is now spent on gasoline, reaching a record annual level of $4,155.
The last time the gas pump took this big of a chunk out of an American driver’s wallet was back in 1981, when the country was sliding into a recession and mortgage rates were hovering at about 16 percent.
Experts at Ford can see that gas prices will continue to rise in the long term, so they’ve made it a priority to offer multiple alternatives to help customers stretch their gas dollars.
(you can click on the infographic for a larger version)
![]()
We’ve got a full lineup of fuel-efficient cars, trucks, and SUVs at King Auto Corner. Whether you’re looking for new or used cars in Valley, Alabama, King can help you get into your next dream ride. Call us today at 866-892-9197 with any questions.