Nov 3, 2007 9:39 pm US/Eastern
Price Hike At The Pump
CORAL SPRINGS (CBS4) ―
The unrest in Pakistan and in the Middle East is just of the reason while you're feeling more pain that the pump. Prices in South Florida shot up to $3.00 a gallon already.
According to analysts they say that the price of crude oil continues to increase.
Miguel Felix is a hard working limo driver, he earns a paycheck, but he has to pay for his own gas.
"Right now I put it up for about $50 as I fill it up," said Miguel Felix. "I already spent $50 today and I'll probably put another $40 dollars right now.'
Prices at the pump are soaring again. The national average for regular gas is $3.00 a gallon.
According to AAA in Fort Lauderdale the average price of regular unleaded is $2.99, it went up 5 cents overnight. A month ago it was $2.86 a month ago and $2.27 a year ago.
In Miami the price is higher, it's currently $3.02 and on Friday it was $2.99, a month ago $2.89 and $2.28 a year ago.
"Small business owners are getting killed, I mean propane is out of control," said Scott Lustig.
Lustig is a sandwich maker in Coral Springs. He has to pay close to $1,000 a month on propane gas since it has gone up more that 15 percent over the past year.
Energy analysts say crude oil is also rising because of feat that they may be a disruption in the flow of imported oil.
(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)
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