Gas Prices Up Again

By: KKTV Email
By: KKTV Email

We're paying more at the pump, and we know it. Gas prices have climbed, and it’s affecting families in southern Colorado.

According to coloradospringsgasprices.com the average price of gas in Colorado Springs is $3.39 as of Monday morning. It's high, but lower than the national average.

According to gasbuddy.com, the average price in the nation for a gallon of gas is $3.75, up 4 cents from five days ago, and 22 cents more than what drivers were paying at this time last year.

Despite the increasing prices, Colorado drivers have it easy when compared to the rest of the nation: only Wyoming is averaging lower prices across the state. Fort Collins, Denver, and Colorado Springs are the cheapest cities for gas in the country, according to gasbuddy.com.

Santa Barbara, Calif. has the nation's highest gas prices at an average of $4.43 a gallon.

11 News spoke with a gasoline expert, who explained some of the reasons we're seeing these prices.

"You do have geopolitical unrest which creates concern about the supply of oil so that's going to have an impact,” gasoline expert Charles Ochs said. “It's a form of inflation right now."

Ochs runs a wholesale fuel distributing business and a convenience store business. He says as retailers they try to keep gas prices low, but with costs changing daily--sometimes twice or three times a day--they have to estimate where prices should be.

He says they don't change by the cent, which is why you'll see it go up a more substantial 10 cents and maybe wonder why. Customers 11 News spoke with aren't that surprised by high prices.

"Yea, we anticipate them going higher--but they are pretty high,” Stephanie Suazo said. “I mean I remember not too long ago they were a lot less...but it's just the economy."

Experts say that while there is no way to get around paying the amount advertised at the pump, there are tricks drivers can use to keep from fueling up so often.

The most important way to ensure your vehicle is using fuel efficiently is making sure it's in good shape. That means making sure your tires have the right amount of air, oil changes, and just maintenance in general.

Bundling trips can also save you gas--and time. For example, if you're already driving to a doctor's appointment, stop by the grocery store too.

11 News viewers tell us they have come up with a variety of methods to cut costs, such as trading the car for bike, carpooling, and buying fuel-efficient vehicles.

Though the numbers we're seeing aren't pleasant for drivers, they're still not as high as what they were in July 2008, when the national average sat at $4.11, the highest average ever recorded in the U.S.


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