• Lincoln 28Grafton 283rd Qtr.[ view all ]
  • Magnolia 34Tyler Consolidated 04th Qtr.[ view all ]
  • Fairmont Senior 35Buckhannon-Upshur 143rd Qtr.[ view all ]
  • Gilmer County 7Notre Dame 283rd Qtr.[ view all ]
  • Sissonville 14Liberty 7Halftime[ view all ]
  • Preston 17University 143rd Qtr.[ view all ]
  • Saint Marys 21South Harrison 73rd Qtr.[ view all ]
  • Lewis County 28Elkins 03rd Qtr.[ view all ]
  • John Marshall 0Morgantown 7Halftime[ view all ]
  • Robert C. Byrd 28North Marion 0Halftime[ view all ]
  • Tygarts Valley 30Hannan 03rd Qtr.[ view all ]
  • Webster County 6Braxton County 7Halftime[ view all ]
  • Tucker County 0Pendleton County 0Fri.[ view all ]
  • Doddridge County 0Valley Wetzel 0Fri.[ view all ]
  • Clay-Battelle 0Van 0Fri.[ view all ]
National News | Closings | Funerals | HighScore | Monday's Most Wanted | Crime Watch | TV Listings | Lottery | Bio's | FCC File | More ›
World Series Game 3: Kansas City Royals at San Francisco Giants Tonight at 8 on FOX
Annual Gas Price Surge Hits Early
Written by Your 5News Team
Last updated on February 08, 2013 @ 7:47PM
Created on February 08, 2013 @ 5:51PM
Gas prices, two words no one likes to hear anymore.  That's because they just keep going up.  Usually, they increase in the spring because of factors like rising crude oil prices and slowing output at refineries undergoing maintenance.  It doesn't typically happen in February.
Just a month ago, prices were hanging steady around $3.40.  Now, they're about $3.60 or higher statewide.  That's a 20 cent increase, slightly higher than the national average of $3.56, according to AAA.
A year ago, prices averaged about $3.60 as well.  However, it's the sudden change in the price that has people concerned.  So, why's it happening?
Apparently, there's low inventories of gas in the East, and preparations are underway for switching to summer-blend gas.
Also, back in January, the hopes of a stronger economy pushed the stock market to a five year high, sending crude prices up.  This is making some locals have to budget and accommodate traveling long distances, issues they usually don't worry about until spring.
Alex Lewis of Harrison County said, "It came a little early this year. Usually, early spring, people start traveling and it spikes. It's not too bad, you just have to accommodate for it. Keep your speeds 65 on the interstate, you know. Try to budget for it if you can."
One man 5 news talked with works at a gas station and sees how the prices change on a daily basis.  He also owns a Jeep Liberty, that costs $60 to fill up.  And he commutes from Tucker County to Fairmont State University.  We asked how he feels about the sudden surge in prices.
Christopher Owens said, "Very poorly. Poor college kid. Minimum wage job and a gas guzzling car. Definitely drive less everywhere. Not eager to give my friends rides. Make them pay me a little more to go. I walk more places and sometimes, I just don't go anywhere at all. Some weekends I won't go home, because I don't have the gas money."
The good news is that analysts don't expect prices to get near four dollars like they did last year.  It's also good to know that oil production is booming and tensions in the Middle East seemed to have eased slightly, for now.

Add your Comment
You must have an active WDTV.COM user account to post comments. Please login to your account, or create your free account today!

Comments (0)
WDTV on Facebook
WDTV on Twitter
WDTV on YouTube
Contact WDTV
WDTV Mobile App