Gas prices on the rise

June 15, 2009 3:20:02 PM PDT
The price of a gallon of gas is going up with the temperatures. In fact, gas prices have risen for the past 48 days straight and that's a record going back to the 70's."Everyday I look at the price, you look, you say 'Oh my God when's it gonna stop,'" said Joe Meszaros who is a lawn contractor.

Whether Joe is filling up gas cans or his trucks, he's painfully aware of how prices at the pump are creeping upward: from a low of around $1.87 in April to the average on Monday in the tri-state area for a gallon of regular: $2.52 in New Jersey, $2.65 in Pennsylvania and $2.57 in Delaware.

"Right now it's going right back up gradually. Everybody can see that. It hurts the pocketbook," said Eddie Foye.

"A lot of people are losing their jobs, losing their homes. I wish it would stay level," said Sherice Brown-Mendenhall.

Like many industry analysts, AAA is mystified by the increase because oil supplies are up and demand is down.

"And yet the price per barrel is still climbing and that's reflecting at the prices at the pump," said Tracy Noble of AAA.

And you can be sure that in this economy for a lot of people every dollar more spent on gas is a dollar less to spend on other things.

"You have to cut back on food prices, going to get groceries or where you're gonna go or what car you're gona take. I think it's outrageous, it's crazy," said Melissa Moore.

In Pennsylvania premium gas at some stations is already topping 3 dollars. Motorists want to avoid the 4 dollar-plus prices of last summer.

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