Credit cards soaking up gas woes

CNN Money reports Americans might not have enough disposable income to absorb higher gas prices:

Convenience stores, which sell about three-quarters of all gasoline sold in the nation, have seen the use of credit cards for motor fuel purchases rise to 70 percent of all gasoline purchases from about 54 percent last year, according to the industry group.

And drivers are seen reaching into their pockets for plastic more often as they try to stretch their budgets.

Is a recession coming in the next 12 months?