Gas Prices Rise with no End in Sight

It doesn't look like there will be any relief from the soaring gas prices as the cost for fuel hits new highs. Gas is now going for over $3.00 a gallon in some areas. This will definately have an effect on the economy as consumers will have less disposable income to spend because they will have to use it for added cost of fuel. With interest rates also on the rise, we should see an overall slow down to the economic growth including appreciation of real estate.