Gas prices are shooting straight through the roof, at the same rate as last year and for possibly the same reason- speculation. As The Daily Green notes, “There’s no particular reason for prices to soar right now: analysts are somewhat baffled, because there’s neither a big recovery stoking demand or a supply crisis.”
This increase in prices could do one of two things: make those in the market for a vehicle go for new, smaller cars, or try to get the most mileage out of their existing automobile.