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Updated: 6:26 PM Mar 11, 2010
AAA Travel: gas prices likely to rise with change of season
As we head into Spring, you'll likely see prices increase at the pump.
Posted: 6:00 PM Mar 11, 2010Reporter: Allison Kropff Email Address: allison.kropff@wvlt-tv.com |
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KNOXVILLE, Tenn. (WVLT) - You've probably noticed gas prices are up at the pump. It's a trend experts say is likely to continue as we roll into spring and summer.
The average price for gas in Knoxville is $2.69 a gallon. While that may seem high now, drivers say they only expect prices to continue to rise.
With the change of the season about a week away, gas prices seem to be springing up.
In fact, AAA Travel says prices have increased about nine cents on average since last week.
"We're coming up on Spring and Summer driving season. Investors are banking on that extra demand with people taking vacations and driving more," says Stephanie Milani with AAA Travel.
But Alex Waller is staying put. He's not too happy with the prices at the pump.
"They're a little ridiculous."
He says it costs anywhere from 75 to 100 dollars to fill up his truck.
"I just watch the dollars roll away."
Over the last 18 months Milani says there's been a trend with the economy she says you could feel in your wallet.
"When there's good economic predictions, oil prices will go up and if they stay higher for an extended amount of time, those costs are going to be passed down to consumers."
It's an extra expense Waller has to budget for.
"10 years ago went and filled up, it was $20 bucks to fill up tank of gas, now it's a payment every month you have to set aside for fuel."
There are other ways to save. Make sure to get regular maintenance checks. Get your oil changed on time and keep air in your tires.
And while Milani says to keep an eye on stations with cheaper gas...
"Make sure and fill up on your way home don't try to go out of your way to save a couple of pennies cause you end up spending a little bit more than you've saved usually."
For a look at gas prices across the region, click on the link below.
Latest Comments
No, more likely because world economies are expanding and demand is increasing worldwide. The US isn't the only energy game in town any more.
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