Rising Gas Prices Hindering Consumers’ Buying Power, Industry Expert Says

October 20th, 2021 by Chris Collier

Gas prices – now at a fresh seven-year high – are continuing “to eat away at consumers’ buying power,” according to an industry expert. With gas prices on the rise, consumers are spending more “filling up than in other areas of the economy,” Patrick De Haan, head of petroleum analysis for GasBuddy, told FOX Business.

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