71 Percent of Americans Think Gas Will Hit $5

As Congress fights over who is to blame for high gas prices, and passes bills seeking to address the issue, a new poll has found that few Americans have faith that the price will drop or even stay the same.

According to a new Rasmussen poll, 71 percent of American adults think gasoline will reach $5 per gallon by the end of the summer, while 21 percent said it is unlikely that gas will reach the $5 mark. Rasmussen surveyed 1,000 adults by phone on May 21 and 22.
The House moved May 20 to create a Department of Justice task force to investigate foreign and domestic oil companies for potential price gouging and conspiracy to alter market prices. The House also passed a bill, with the goal of lowering the price of oil, calling on President Bush to stop purchasing oil to deposit in the U.S. strategic petroleum reserve. Republicans have blamed House Speaker Nancy Pelosi (D-Calif.) for high gas prices, dubbing recent increases the "Pelosi Premium."