Gas prices dramatically jump in some Tri-State areas - Quincy News, Weather, Sports, and Radio

Gas prices dramatically jump in some Tri-State areas


If you didn't fill up your vehicle Wednesday, you may have noticed a higher number at the pump.  Here in Quincy, prices jumped about 15 cents per gallon overnight, but it's happening all over the nation.

According to CNBC, a major reason for the increase is high demand and rising oil prices.  Officials say oil prices have jumped by more than 11% in just two weeks, but the big increase hasn't hit all areas of the Tri-States. 

When Raymond Rodriguez woke up this morning, he was surprised to see just how much the price of gasoline skyrocketed in just one day.

"Very shocked.  You see increases of a couple pennies every now and then all of the sudden 15 cents is dramatic. Why that happened? I don't know," he said.  

While most are paying $3.69 a gallon, Rodriguez has to use the highest grade, costing him $3.99. 
"When you wake up in the morning and you go to work one day during the week and its 15 cents cheaper and all the sudden its 15 cents more and it's in the middle of the week, the impact is going to affect your wallet," he said.   
Summer demand has also caused a rise.  According to CNBC, drivers across the nation used 9.1 million barrels last week, over a million more the usual.  The rise hasn't hit all areas.  In Hannibal, the price is $3.36 a gallon and has been all week, and resident Michelle Mudd is thankful she's filling up now.
"I have a birthday party this weekend so I'm extremely excited today that I filled up now. Instead of tomorrow if it goes up tonight because that's going to be extremely hard on some people I believe," Mudd said.   

She's praying this spike doesn't hit Hannibal. 

"It's going to affect a lot of people in this town with the job economy and stuff so I mean it affects me so I imagine it has to affect everyone else just as hard," she said.  

Energy experts say the unrest in Egypt is another reason for higher prices, and unfortunately there's no telling when prices may start to come back down. 
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WGEM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Kathy Woodworth at 217-228-6617. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at