Signs that high gas prices will affect the economy

The most recent Field poll shows that 40% of adults in California are cutting back on food, clothing, and entertainment to help ease the pressure on their pocketbooks caused by higher gas prices. And this was before any spikes caused by Hurricane Katrina.

Most - 58 percent - say the increase in gas prices is largely the fault of oil companies. But nearly half, 47 percent, also hold the Bush administration partly responsible, and 41 percent extend that to foreign oil-producing nations as well.