Here we go again. Gas prices are on the rise and it’s hitting all of us right in the wallet.
But why is this happening?
It seems like it’s a never-ending cycle. Gas shoots way up and then comes down a little and then goes right back up again. But the question is, why?
“How much of your paycheck actually goes to your gas, just to get to where you have to go to get to work?” questioned A.J. McLeod.
Most people who drive already know gas prices are going up.
“$64 for 16 gallons of gas and $53 for 14 gallons of gas, which is about $120 for just two people to fill up their tanks.”
“It is really annoying to say the least,” commented Krista Derk. “It’s really frustrating that a lot of my friends live out of town, too. And I can’t go see them as often as I’d like because I just can’t budget in the factor of how much gas it’s going to need to take.”
A recent article from BusinessWeek says the cause is the fact that Middle America is producing more oil, but most refineries are on the coasts, which increases costs.
The manager of a local Sunoco says it’s much more complicated. He points to oil rig fires in the Pacific, a pipeline rupture in the Midwest and violence in the Middle East.
“It would be nice to be affordable,” stated Veronica Wilson. “There is no excuse to have the price this high in the world. The economy is bad enough. Why do they have to raise the gas prices, too?”
The manager of the Sunoco also said the drought in the Midwest this year will affect gas prices next year. He said the damaged corn crop will drive up the cost of ethanol, whicht is mixed with gas.
But why is this happening?
It seems like it’s a never-ending cycle. Gas shoots way up and then comes down a little and then goes right back up again. But the question is, why?
“How much of your paycheck actually goes to your gas, just to get to where you have to go to get to work?” questioned A.J. McLeod.
Most people who drive already know gas prices are going up.
“$64 for 16 gallons of gas and $53 for 14 gallons of gas, which is about $120 for just two people to fill up their tanks.”
“It is really annoying to say the least,” commented Krista Derk. “It’s really frustrating that a lot of my friends live out of town, too. And I can’t go see them as often as I’d like because I just can’t budget in the factor of how much gas it’s going to need to take.”
A recent article from BusinessWeek says the cause is the fact that Middle America is producing more oil, but most refineries are on the coasts, which increases costs.
The manager of a local Sunoco says it’s much more complicated. He points to oil rig fires in the Pacific, a pipeline rupture in the Midwest and violence in the Middle East.
“It would be nice to be affordable,” stated Veronica Wilson. “There is no excuse to have the price this high in the world. The economy is bad enough. Why do they have to raise the gas prices, too?”
The manager of the Sunoco also said the drought in the Midwest this year will affect gas prices next year. He said the damaged corn crop will drive up the cost of ethanol, whicht is mixed with gas.