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Killer Combo of High Gas, Food Prices at Key Tipping Point The combination of rising gasoline prices and the steepest increase in the cost of food in a generation is threatening to push the US economy into a recession, according to Craig Johnson, president of Customer Growth Partners. Johnson looks at the percentage of income [...]
April 12, 2011, 4:44 p.m. EDT Gasoline prices up 40% this summer, U.S. says Motorists should prepare for sticker shock at the pump By Ruth Mantell, MarketWatch WASHINGTON (MarketWatch) — Gas prices will jump 40% for the summer driving season compared with 2010, according to a federal projection released Tuesday. Retail prices for a gallon of [...]

