The Digital Collegian - Published independently by students at Penn State
NEWS
[ Monday, Feb. 10, 2003 ]

Cost of gas increasing locally, nationwide

Collegian Staff Writer

This weekend, State College residents experienced the highest gas prices the area has seen in more than a year.

The average price of a gallon of 87-octane gas in State College was $1.63, about 5 cents higher than last week.

The cost of gas is reaching nationwide peaks, climbing about 11 cents higher per gallon this week than it was two weeks ago. On Jan. 24, national gas prices averaged $1.52 per gallon, and they were about $1.63 per gallon Friday.

Current international events might be the cause for the price hikes.

The situation with Iraq, striking Venezuelan oil workers, a low gas supply and nationwide low temperatures might be affecting the climbing costs of gas, Clair Burke, manager at Sunday's Exxon Service Center, 1234 E. College Ave., said.


GRAPHIC: Jamie Confer

Students can lower the price of filling their tanks by choosing the self-serve pumps, he said.

Prices might drop if the industry cannot sell gas at the higher prices, Charlie Guyer, manager at State College Texaco, 1310 S. Atherton St., said.

Rising prices have caused speculation and concern across State College.

Customers comment right away when prices rise, Guyer said.

"They want to know why," he said. "I've been here 20-some years, [and I think] the media has a lot to do with it -- talking about the war. That's my idea."

Burke said he has heard few comments about rising prices from his customers.

Students already on tight budgets are affected by the price increases.

"Obviously, I'm very unhappy about [rising prices]," Jonathan Lin, (sophomore-management science and information systems) said. "I remember a couple of weeks before I started driving. [Prices] were like 99 cents a gallon," he said.

Lin is from New Jersey, where he said gas prices are about the same as they are around Penn State.

To avoid the expense, Lin drives less when he's in State College, he said.

No matter how students avoid paying too much for transportation, they cannot always blame rising prices on the local businesses.

The Kwik Fill corporate office in Warren, Pa., is ultimately responsible for deciding the gas prices at the State College branch, said Jon Wilson, manager of Kwik Fill, 2146 E. College Ave.

"I do a survey of competitors' [prices] once a week or more," Wilson said.

The corporate office considers factors, including the results of those surveys, international politics and the current cost per barrel for gas, when determining the local prices, he said.

The Associated Press contributed to this article.

 



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