Gas Prices Going Back Up...Again

Tools

The roller coaster ride of gas prices doesn't sit well with drivers in the north country - especially since a gallon of regular gas costs almost $4 a gallon.

"They're going up all the time and then they're going back down making people think there's a light at the end of the tunnel. And then they shoot them right back up again," said Ricky Manning.

"When I do stop at the pump, I usually only pump about $20 to $30 each time, because next week I don't know what the prices are going to be," said Daniel Smith.

But it doesn't stop there.

Analysts say prices will continue to rise for a few more months.

"We expect gasoline prices to continue to climb incrementally pretty much from now up until late April or early May when we think prices will peak," said Gregg Laskoski, senior petroleum analyst for GasBuddy.

It's a seasonal cycle that happens every year.

Gas prices go up before summer and then drop back down by fall.

And this week, with Valentine's Day coming up, a local flower shop expects to get hit especially hard by the high gas prices. 

"Valentine's Day is a very shortened window, so we have to ramp up real quick. We have to put a lot more vehicles on the road than we normally would because everything is really put into, essentially, a 2 day window," said Scott Gray of Gray's Flower Shop.

Gray's Flower Shop typically has six delivery trucks, but on Valentine's Day, the business will be using about 20.

That makes for an expensive day at the pump - no matter who you are.
 

Tuesday, July 29, 2014
, Watertown, NY

On Demand

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

On Wall Street

What's On TonightFull Schedule