You may be shocked to hear this:
According to the latest data from The New York Times, via the Bureau of Economic Analysis, via Haver Analytics, fuel is a smaller part of personal budgets (4.2 percent) than it was in 1980 (6 percent).
Incidentally, speaking of the psychology of recession and depression, which Phil Gramm just got crushed for, can't newsreaders and writers find any alternative than soar or soaring to describe fuel prices?
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