Gas Prices Soar, But Why? - Mid-South News, Weather, Traffic and Sports | FOX13

Gas Prices Soar, But Why?

Posted: Updated:
Bensalem, PA -

Just when you thought you were starting to see some relief at the gas pump-- sticker shock!  Motorists across our area have seen prices climb dramatically over the past few days.  "Three or four days ago actually on Street road I seen it was $3.39 for regular," Mario Patrascu, a Huntingdon Valley resident, told Fox 29.  And now?  "Today it was $3.79."  A whopping 40-cent jump.  

It's happening all across the region.  Last Friday at a gas station in Bensalem, a gallon of regular cost ten cents less than it does today.  "One minute it's $3.15, okay it's going in the right direction, yada yada yada," a frustrated Mike Hornyak complained.  "And then the next it's $3.25.  And then $3.35, and then $3.45.  What the heck happened overnight that it went up 10 cents?" Hornyak demanded to know.

A couple of things are happening.  Experts say as the economy improves, the price of crude goes up.  At the same time refineries are changing over to their summer gas blend, which means they're not producing as much gasoline right now.  Lower supply, higher prices.  

"In the last week alone up 19 cents a gallon," Jenny Robinson of Mid-Atlantic AAA told Fox 29.  Which means drivers are on the hunt again for the cheapest gas possible.  In Pennsylvania, that means heading over the Delaware River.  "I'm getting $5 in Pennsylvania, just enough to get me over the Tacony-Palmyra bridge so I can fill up in Jersey," Hornyak said.

"Are we going to see any relief?  Not in the next few weeks, although we could see prices level off," Robinson said.  But that may not happen for a couple of weeks, at least.  March should see prices stabilize, but expect to see another spike in April.  And that's not all, Governor Corbett is proposing a gas tax hike, which could see prices go up 28 1/2 cents a gallon over the next 5 years, if his plan is approved.

  • Local NewsMore>>

  • Only On Fox: Arsonist On The Loose In South Jersey Town

    Only On Fox: Arsonist On The Loose In South Jersey Town

    Wednesday, April 16 2014 4:45 PM EDT2014-04-16 20:45:07 GMT
    It started with a brush fire, then another fire at the rear of this home on Monroe Street and finally a blaze that swept through this vacant home up the block, just a few feet away from where Emma Sethman
    It started with a brush fire, then another fire at the rear of this home on Monroe Street and finally a blaze that swept through this vacant home up the block, just a few feet away from where Emma Sethman
  • Beautiful Easter Sunday

    Saturday, April 19 2014 8:09 PM EDT2014-04-20 00:09:12 GMT

    NICE EASTER WEEKEND

    The first half of the holiday weekend has been great and Easter Sunday looks just as nice. Clouds thin out late tonight with temperatures falling back to the 40s.

    Initially it'll be jacket weather early Sunday morning but plenty of sunshine will warm us into the 60s by afternoon.  High temperatures will be a few degrees cooler than Saturday.

    It will be noticeably cooler and breezy at the shore with highs in the low 50s.  Quiet conditions continue into Monday.

  • Overturned Boat Victim Identified, Search Continues

    Overturned Boat Victim Identified, Search Continues

    Overturned Boat Victim Identified, Search Continues

    Saturday, April 19 2014 7:38 PM EDT2014-04-19 23:38:03 GMT
    The Coast Guard have suspended an emergency search for a man who went overboard in a boat after he went missing. New Jersey State Police have identified him as 49-year old John J. Poltonowicz.
    The Coast Guard have suspended an emergency search for a man who went overboard in a boat after he went missing. New Jersey State Police have identified him as 49-year old John J. Poltonowicz.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices