This news release about spiking gas prices --$5 by Labor Day-- caught my attention. Why? In January this organization correctly predicted that gas prices would spike to $4 a gas by the summer season:
"Most Americans now expect gasoline prices to hit $5 by Labor Day and favor bold energy- and climate-related fixes, according to a new national opinion survey conducted by Opinion Research Corporation (ORC) for the nonprofit and nonpartisan Civil Society Institute (CSI) think tank and its Citizens Lead for Energy Action Now (CLEAN) project (www.cleanenergyaction.net).
In another finding, energy prices have jumped substantially since January 2008 as the top worry of Americans – ahead of fears of joblessness, recession/economic downturn, and the mortgage foreclosure crisis.
For the first time, the CSI survey finds that a majority of Americans are now more likely to buy a hybrid or other fuel-efficient vehicle than they were six months ago.
The new CSI/CLEAN survey looks ahead to expectations about Labor Day 2008, gauges the level of anger among Americans about today’s gasoline prices, and assesses how gas prices/energy policy will impact the thinking of voters this year.
In an earlier January 2008 ORC survey conducted for CSI/CLEAN, 71 percent of Americans correctly forecast that gasoline prices would hit $4 by this summer."