Pain continues at the pump

May 11, 2011 3:30:52 PM PDT
With a dramatic plunge in the price of oil, local drivers are asking when they'll see a price decrease at the pump.

On Wednesday, the Energy Information Administration announced that demand for gasoline in the US, which has been dropping for weeks, plunged 2.4% just last week.

While that has yet to translate into relief at the pump, many economists predict a price decrease in the weeks to come.

And the commuters Action News spoke to in Bucks County say it can't happen soon enough.

"I don't fill up all the way because once I get passed $75, I get pains in my gut," Karen Woodson of Feasterville said.

Meantime, Bryan Gale of Doylestown says his gut feels a little empty every time he fills his gas tank.

"We watch what we buy with groceries, don't go out at night, weekends, stay in," Gale said.

And here's why:

The average cost of a gallon of regular in and around Philadelphia now stands at $4.04.

As always, it's a bit less expensive in South Jersey where commuters are shelling out $3.86 a gallon.

$3.96 in Delaware.

Robert Hamilton of Bristol Borough says something's gotta give.

"I just hit $83 when I topped, it's disheartening, we're all working hard and trying to make ends meet," Hamilton said.

So, with a barrel of crude oil back under $100, many economists believe many of us could be seeing gas prices dip to around $3.75 a gallon.

Now the question is - will that happen?

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