Skip to main content

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

nytimes.com
Social share icons

After more than two months of war in the Middle East, the national average gas price has surpassed $4.50 a gallon. And according to an analysis released by the Federal Reserve Bank of New York on Wednesday, the burden of the surge is falling hardest on those with the least room to absorb it.

Click here to read the full story...