States Hurt From High Gas Prices
When gasoline prices soar, many consumers have few choices but to suck it up and pay the prices at the pump. But which states are most vulnerable to gasoline prices?
The National Resources Defense Council (NRDC), a national environmental action organization, has identified the states whose residents would be hit the hardest by rising gas prices. To develop the rankings, the NRDC took the amount of gasoline consumed last year, along with 2009 average price and compared this to the total number of licensed drivers and per capita income within each state. From this, the NRDC calculated the average gasoline costs for state residents as a percentage of income.
So, which states have been hardest hit? Click ahead to find out!
By Christina Cheddar Berk Posted 18 March 2010
10. Idaho
Gasoline costs, as percentage of income: 4.54%Â
Dollar amount spent by driver: $1,467.33
9. Georgia
Gasoline costs, as percentage of income:Â 4.64%
Dollar amount spent by driver: $1,595.08
8. Maine
Gasoline costs, as percentage of income: 4.65% Dollar amount spent by driver: $1,700.66
7. Texas
Gasoline costs, as percentage of income: 4.87% Dollar amount spent by driver: $1,818.89
6. Kentucky
Gasoline costs, as percentage of income: 5.02% Dollar amount spent by driver: $1,583.50
5. South Carolina
Gasoline costs, as percentage of income: 5.06% Dollar amount spent by driver: $1,638.98
4. Oklahoma
Gasoline costs, as percentage of income: 5.12%
Dollar amount spent by driver: $1,830.77
3. Louisiana
Gasoline costs, as percentage of income: 5.26% Dollar amount spent by driver: $1,908.72
2. Montana
Gasoline costs, as percentage of income: 5.88% Dollar amount spent by driver: $2,017.96
1. Mississippi
Gasoline costs, as percentage of income: 6.22% Dollar amount spent by driver: $1,880.95