Measured by AAA Fuel Gauge and the Lundberg Survey gas prices have accelerated higher. The average price for regular gasoline increased 11.49 cents to $3.9297 a gallon, according to Lundberg. The number is based on a two-week survey for the period which ended on March 23. The AAA number for regular is $3.897 as of yesterday, up from $3.894 the day before and $3.674 a month ago. The persistent question which no one can answer with accuracy is when a large majority of Americans will sharply curtail their consumer spending because of gas. It is almost certain that the lower, and some part of the middle class, have cut back if they have to drive any great distance. Several consumer confidence numbers will be out this week, which will at least show the trend.
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