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Average Household Now Spends 5K A Year On Gasoline, Doubled From Last Year!


Want to really see how soaring gas prices are affecting your bank account? Look at the average you'll spend on gas over the course of a year.

According to a report from Yardeni Research, the typical U.S. household is now spending about $5,000 a year on gas.  That's up from $2,800 one year ago.

Researchers say the spike in gas prices is causing more Americans to rely on credit cards to fill up the tank.

Gasoline reached a record high of $4.59 in the U.S. this week.

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