Local Gas Prices on the Rise
The summer vacation season is in our rear-view mirror, but rising gas prices seem to be on the road ahead.
Just this past week, gas prices went up nearly nine cents, averaging $2.79 a gallon across the state, according to AAA.
Prices were at $2.82 in Gainesville Monday.
Crude oil prices went up by more than a dollar a barrel, leading to the hike at pumps.
One gas station owner says he sometimes loses money when the cost of crude oil goes up. He said he has to purchase the fuel at higher prices as well.
But that still leaves drivers dishing out more cash. One cable installation business owner told us that hurts his company's earnings.
"It's horrible. The jobs, they keep bidding lower, lower, and lower, and you keep losing more and more money on the jobs," David Winsteav said.
"You make less on the job when you talk about fuel. If you've got two vehicles on the road, three vehicles on the road, you're talking thousands of dollars that you are losing every month."
Analysts expect gas prices to continue to rise this week as well.
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