Women more stressed than men about energy costs today, but views vary on future costs

American consumers have been feeling fairly comfortable in general about what they pay for energy over the past year and a half. Gasoline prices averaged $2.50 per gallon until a recent uptick to $2.62 per gallon during October, the month of our most recent energy survey. Nevertheless, consumers’ feelings about their fuel costs held steady, with the latest gasoline affordability index of 100 statistically unchanged from the previous quarter. That means that the price would have to double before the average American felt serious pain at the pump. For home energy bills, the most recent affordability index of 151 differs little from the prior two quarters, remaining up by roughly 30 points compared to last fall and winter. Americans therefore report a ongoing high level of comfort with their recent household energy costs even though the national average Consumer Price Index (CPI) for Energy was up by 9% compared to its summer level. Continue Reading