Gas prices soar in Idaho and around the country
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EAGLE, Idaho (KBOI) -- The cost of gas jumped nearly 25 cents per gallon over the past two weeks.
People are beginning to wonder what's going on?
"I drive quite a bit," said Aaron Dittman of Eagle as he fueled up his truck. " It affects me. I'm an appraiser, and put a ton of miles on the car."
So what is happening?
Analysts say gas is going up for two main reasons. Oil prices are rising, and refineries are shutting down."
The American Automobile Association says several refineries are temporarily closing to prepare for the switch to summer gasoline.
"It has the unfortunate side effect of a lower inventory bidding up the price of whole sale gasoline," said Dave Carlson with AAA of Idaho.
Experts say oil prices are rising, partly because the U.S. economy is improving and partly because of OPEC production cuts.
The Lundberg Survey of Fuel Prices released Sunday says the price of a gallon of regular is $3.59.
Midgrade costs an average of $3.75 a gallon, and premium is $3.89.
Diesel was up 12 cents to $4.07 gallon.
Of the cities surveyed in the lower 48 states, Billings, Mont., has the nation's lowest average price for gas at $3.05. Los Angeles has the highest at $4.10.
People are beginning to wonder what's going on?
"I drive quite a bit," said Aaron Dittman of Eagle as he fueled up his truck. " It affects me. I'm an appraiser, and put a ton of miles on the car."
So what is happening?
Analysts say gas is going up for two main reasons. Oil prices are rising, and refineries are shutting down."
The American Automobile Association says several refineries are temporarily closing to prepare for the switch to summer gasoline.
"It has the unfortunate side effect of a lower inventory bidding up the price of whole sale gasoline," said Dave Carlson with AAA of Idaho.
Experts say oil prices are rising, partly because the U.S. economy is improving and partly because of OPEC production cuts.
The Lundberg Survey of Fuel Prices released Sunday says the price of a gallon of regular is $3.59.
Midgrade costs an average of $3.75 a gallon, and premium is $3.89.
Diesel was up 12 cents to $4.07 gallon.
Of the cities surveyed in the lower 48 states, Billings, Mont., has the nation's lowest average price for gas at $3.05. Los Angeles has the highest at $4.10.
Everyone has been talking about Gun control, but with the rising gas prices it seems like the big oil companies have one next to the consumers head. They and the pharmaceutical companies just continue to raise and change they're prices at any giving whims. The lower class has to work almost a full day in order to fill the tank in order to get to work. If the government wants to do something, then step in, control this, These big companies continue to get million dollar tax breaks, and continue to post billion dollar assets each year. This is a case of the rich get richer and the poor get poorer. If the president and the congress and the senate step in then maybe just maybe we can afford to get to work, take vacations, and put money back into the economy instead of just big corporations.