Gas prices emptying pocketbooks - WALB.com, South Georgia News, Weather, Sports

Gas prices emptying pocketbooks

February 5, 2003

Albany - Gas prices jumped around $.05 a gallon overnight across the nation. Here in Albany, the price of regular unleaded gasoline ranged from $1.36 to $1.49 a gallon.

Many stores raised prices almost $.10 overnight. And, drivers quickly noticed the difference. "Over the last two months, the cost of gas has steadily increased, " said driver Kathleen McNeill of Americus.

Nationwide the price of regular unleaded gasoline has jumped $.05 and averages $1.53 per gallon. That's up $.37 from a year ago.

The price of gasoline depends largely upon the cost of crude oil. The possibility of war with Iraq ignites fear of supply disruptions with the Middle East, causing crude oil cost to skyrocket.

"I live on a tight budget. If gas cost more, I have to spend less on other necessities," said McNeill. This latest hike in gas prices in the biggest weekly increase in ten months. And, the prices are likely to go up even higher.

Albany gas prices are still lower than the national average. San Francisco has the most expense gas prices at $1.80 a gallon.

Posted at 4:40PM by kathryn.murchison@walb.com

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Town hall discusses safety for the holidays

    Town hall discusses safety for the holidays

    Saturday, November 18 2017 6:34 PM EST2017-11-18 23:34:58 GMT
    Community member holds burglary unit tips handout. One tip is don't hide your keys on your property. (Source: WALB)Community member holds burglary unit tips handout. One tip is don't hide your keys on your property. (Source: WALB)

    The holiday season has arrived and Dougherty County leaders want people to be more safe than ever.

    More >>

    The holiday season has arrived and Dougherty County leaders want people to be more safe than ever.

    More >>
  • Race raises funds for service dogs

    Race raises funds for service dogs

    Saturday, November 18 2017 6:23 PM EST2017-11-18 23:23:45 GMT
    Mosley kisses Jolly on the head (Source: WALB)Mosley kisses Jolly on the head (Source: WALB)

    Saturday morning, a few extra paws joined runners at the Marine Corps Logistics Base in Albany. Racers and supporters alike showed their passion for supporting veterans this morning.

    More >>

    Saturday morning, a few extra paws joined runners at the Marine Corps Logistics Base in Albany. Racers and supporters alike showed their passion for supporting veterans this morning.

    More >>
  • One dead in Coffee County motorcycle crash

    One dead in Coffee County motorcycle crash

    Saturday, November 18 2017 5:59 PM EST2017-11-18 22:59:20 GMT
    (Source: WALB)(Source: WALB)

    Troopers with the Georgia state patrol responded to a fatal crash in Coffee County around 7:30 p.m. Friday.

    More >>

    Troopers with the Georgia state patrol responded to a fatal crash in Coffee County around 7:30 p.m. Friday.

    More >>
Powered by Frankly