Local Gas Prices Rise, Despite Oil Prices Dropping

By: Kristen Ross Email
By: Kristen Ross Email

Oil prices are dropping for the first time since the spring, but locally prices seem to be rising -- possibly in anticipation of Hurricane Ike.

Although traders don't think Ike will take out any key oil platforms in the Gulf, and OPEC isn't expected to cut production, around town residents have seen prices climb the last 24 hours while in other parts of the state they're dropping or staying the same.

"It's just constantly going up. It's upsetting not knowing day to day to be able to budget," Ben Rosas said.

"It costs more money--it costs more money for everything I buy or do--cause everything is dependent on transportation," Melanie Estes said.

The average price for gas in Texas is now at $3.54 a gallon, in B/CS, you'll pay anywhere from $3.49 to $3.69 a gallon.

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