“National group finds Kentucky among top ten most vulnerable to gas price shock”
Excerpt from BizLex.com, posted March 23, 2010
By Erik A. Carlson
LEXINGTON, KY – Kentucky is the sixth most susceptible state in the country to gas price shock according to a report issued by the Natural Resources Defense Council (NRDC).
“Ranking States Oil Vulnerability: Assessing the Continued Threat of Gas Price Spikes,” puts Kentucky in the company of Mississippi, Montana, Louisiana, Oklahoma, South Carolina, Texas, Maine, Georgia and Idaho as the 10 most vulnerable states to oil price fluctuations based on the average percentage of the average driver’s income spent on gasoline each year.
According to the NRDC findings, Kentuckians spent on average $1,583.50 on gas in 2009. In comparison, residents of Connecticut – which fared best in this report – spent $1,391.18 on gas over the same time…Read more at BizLex.com
