Prices at the Pump Still Climbing
POSTED: Sunday, January 22, 2012 - 7:02pm
UPDATED: Monday, January 23, 2012 - 6:38pm
EL PASO- Americans aren't likely to find much relief from high prices at the gas pump anytime soon according to experts.
Prices across the country continue to climb and are at the highest levels ever for this time of year. It has to do with the tension in the Persian Gulf which is keeping the cost of crude oil at $100 per barrel for most of the month.
So how does this affect us here in El Paso? The national average was $3.38 this past Friday. That was about $.17 more than it was a month ago and almost $.27cents more than a year ago, according to AAA and the Oil Price Information Service.
But one upside to all of this is El Paso continues to have the lowest gas prices in the State. It's unclear how long these prices will last but locals and people traveling seem to find ways to deal with it. Two brothers at a local gas station weren't very happy about the expensive gas prices. Even though one of them lives in Las Vegas they still found a way to visit each other. "Matter of fact, i had to ride the bus here because of the gas prices. My brother's currently driving me around Texas because i can't afford the gas," said Rich Houston. " I gotta be honest with you they kinda suck I mean they're kinda higher than what we're normally used to. I have traveled a bit and it's not really that expensive compared to other places in the Nation but it is high."
Analysts say oil prices are likely to remain at these levels until there is more clarity about what will happen in the gulf. So, until prices come down do your homework and find out which gas stations have the least expensive gas.
You can also check out the U.S. Department of Energy's fuel economy website for gas saving tips.