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High Gas Prices Give Economy a Headache

Main Street and Wall Street finally admit financial pain

By Wesley Oliver, Newser Staff

Posted May 24, 2008 3:52 PM CDT

(Newser) – Oil prices gushed for 5 years, but the US economy remained blissfully unaffected—until now, the Los Angeles Times reports. Rising gas prices have finally spooked consumers and sparked ominous news from two major airlines, Ford, and even memory card maker SanDisk. “The economic... Read full story »

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High Gas Prices Give Economy a Headache

Main Street and Wall Street finally admit financial pain

United Airlines • Ford • American Airlines • US economy • gas prices • oil price • drivers

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More Newser Stories

United Adopts $15 Checked-Bag Charge

Carrier joins American; industry passing oil costs to consumer

Continental Hacks 3K Jobs, 16% of Flights

Carrier is the latest to scale back operations citing fuel costs

Under the Hood, Size Does Matter

Even in SUVs, Americans opt for smaller engines to conserve on gas

Airlines Hike Ticket Prices

United raises prices by up to $60; American, Delta follow its lead

SUVs Plunge in Value as Drivers Turn to Smaller Cars

Downsizing is in as pump prices start to pinch drivers

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