hgazette.com, Haverhill, MA

Business

May 30, 2012

Gas prices expected to fall further heading into summer

(Continued)

Despite the relief of many drivers as prices have fallen in recent weeks, that feeling is largely a matter of perception. Gas prices continue to put a significant dent in the wallets of many Americans. But many drivers expected the situation to be worse right now, so seeing prices linger below the $4 mark seems like a victory, however small.

"You're about as miserable as you were last year, but you were prepared to be much more miserable," Kloza said. "It's like you're prepared for a 100-degree day and you got 90 degrees. It's still uncomfortable; it still crimps consumer spending. But it's not quite the crisis that some people were calling for."

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