Mid-east unrest felt at the pump - KLFY News 10

Mid-east unrest felt at the pump


Summer gas prices rise every year, but don't expect them to fall after Labor Day, says one UL-Lafayette economics prof. Anthony Greco. 

He says low oil supply and unrest in Syria are adding to inflated prices at the pump; even though Syria is not major oil producing country.  

"There's always a possibility that what happens out there will escalate and affect other countries and not only in the Middle East, but bring in other countries such as Russia," says Greco.  

Professor Greco gave us money saving tips for gas:

Number one: when you're going from ‘point a'; to ‘point b'; to ‘point c' do it in the most gas efficient manner possible by planning it out ahead of time.

Number two: take public transportation whenever you can. and

Number three: download a cheap gas locator app onto your phone and find the cheapest gas prices in your area. 

He says prices probably won't be dropping anytime soon.  

"I think you'll see it all through the summer and into the fall," says Greco.  

Charles Adams owns a landscaping company out of Lafayette and says this is no ordinary summer gas hike. Unfortunately, he says, his clients are the ones to suffer.  

"I gotta pass it onto the customer. New quotes I'm getting, I'm adding a whole new fuel surcharge," says Adams.  

But he says his $5 surcharge, may not be enough in the end, and he'll be the one suffering.  

"I'm not gonna add anymore. I'm just going to have to start eating the costs and becoming more efficient. Some equipment runs on propane now," says Adams.  

High school football coach Bo Milton from Lewisville, Miss. was filling his van with $86 worth of gas on Saturday getting ready to drive his team back home. 

He also says these aren't the usual gas increases associated with summer and has already altered his team's fall schedule accordingly.   

"I know as far as us in football, we schedule a lot more closer games within an hour an hour and a half, so we don't have two and two and a half hour drives on our bus," says Milton.


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