bizologie took a road trip to the beach for the holiday weekend. With gas prices averaging around $3.80 that took a bite out of the vacation budget. We weren't the only ones feeling the pinch of course, according to the Associated Press households spent an average of $369 on gas last month. Compare that to spring 2009 when they spent just $201. Right now every $10 the typical household earns before taxes, almost a full dollar goes toward gas, that is a 40% bigger bite than normal. And, unfortunately these prices won't just be effecting this trip, analysts expect average prices for 2011 to come in higher than the previous record of $4.11 in 2008. What is hard to believe is that just one year ago the average cost of gas was only $2.74. Oh, the good old days.
Hopefully the high gas prices won't keep you from enjoying the road this summer. Check the AAA Daily Fuel Gauge Report, where you can get current costs for a trip and even map your trip and get prices at stations along your route.