Gas prices skyrocket, Tropical Storm Isaac to blame
Tue, 28 Aug 2012 03:57:41 GMT —
As if prices at the pump are not high enough, experts warn it will be getting worse, and fast.
Action 4 News spoke with several drivers filling up their tanks with gas.
They say these higher prices force their families to make sacrifices.
"You have to give up other things just to put gas in your car, said one driver.
Just yesterday, gas remained at an average of $3.46, but in just the last few days, there has been a spike in prices at the pumps.
Seemingly overnight, prices took a very large jump, anywhere between $.07 and $.10 cents.
This raise has become effective at gas stations across the valley, including Exxon, Shell, and Valero.
According to the Lundberg Survey, now the average price for a gallon of regular is $3.76, about a $.30 cent jump just in the last few days.
Experts say Tropical Storm Isaac is to blame.
Even though Isaac is not headed toward the valley, it is still brewing in the Gulf of Mexico, forcing oil companies to evacuate workers and shut down their oil rigs.
"I think it's because of the things that are going on in our country, said another driver. Some people think the other way, that they just raise the prices just because they think people got so much money that they can spend on gas and stuff like that."
Action 4 News visited several gas stations across the valley.
One store raised their prices from $3.42 to $3.58 in just hours on Monday, a $.16 cent hike.
One valley driver says he remembers the days when gas was affordable.
But today, people are hindered from traveling or even working miles away.
"It was 99 cents, then 1.50, then 1.99, every year it just keeps going up and up."