Lower Gas Prices Don’t Make Americans Feel Rich

Everyone, especially students who pay for their own gas are relieved at the falling prices previously gas was at over 4 dollars if you were purchasing it with credit and the lowest now is $1.55. The national average is now down to $2.18 but now instead of spending that cash Americans are saving it or trying to cut back their debt. Some are using the saved money to pay off credit card loans and they are saving because they do not trust the prices and believe they will rise again. So even though every dime cut off the price puts 12 billion dollars back into consumer pockets Americans dont feel rich most are playing catch up while the rest are saving for what they belive will be times of high gas prices again.