ArkLaTex drivers reeling from higher fuel prices, shortage of some grades of gasoline
We are looking at more expensive pump prices with little relief in the weeks ahead, AAA says
SHREVEPORT, La. (KSLA) — Drivers throughout the ArkLaTex are voicing their concerns over higher fuel prices and a shortage of gasoline at some gas stations.
“It’s already COVID-19 and now we have high gas prices,” Jakeyatta Berryman said. “We have places to go and don’t need the added stress.”
According to Gaspricesexplained.com, there are many factors that go into gas prices. Those include the cost of crude oil, refining costs/profits, distribution, marketing and state, local and federal taxes.
Right now, the average gas price in the ArkLaTex is $2.63 a gallon. During the early stages of the coronavirus pandemic, the area saw almost record low gas prices.
A AAA spokesperson told CBS News Dallas that with increased demand and tighter gasoline supplies, we are looking at more expensive pump prices with little relief in the weeks ahead.
Right now crude oil is listed at 64.48 a barrel, compared to this time last year, when the price was $22.43.
AAA estimates the rise in gas prices will continue for the next few weeks.
Copyright 2021 KSLA. All rights reserved.