Gas prices to rise 10 to 20 cents over the next few days - WFSB 3 Connecticut

Gas prices to rise 10 to 20 cents over the next few days


The pain at the pump is about to increase 10 to 20 cents per gallon at the peak of driving season.

Oil industry experts said gas prices at the pump will soon rise with already higher prices in the spot wholesale market, driving prices at the pump up 10 to 20 cents a gallon over the next several days.

Andy Maiolo, a Salem resident and mason contractor, needs to use his truck daily to service his customers.

"Between taxes and fuel, it's tough," Maiolo said. "It's tough to survive in Connecticut."

The price change would be a 30 cent per gallon increase in the past month for diesel. It costs Maiolo $113 to fill up a 30-gallon truck, but the increase will add another $9 to his bill.

According to the Triple A Motor Club, the national average at the pump on Wednesday was $3.50 per gallon for unleaded, which went up 2 cents since Tuesday.

This large jump in gas prices is making drivers frustrated.

"It's supply and demand," said Rich Pignataro, a Waterford resident. "You can't do anything about it, you just have to pay it."

Michael J. Fox of the Connecticut Gasoline Retailers Association told Eyewitness News that he doesn't know why gas prices continue to rise. Fox said that the country is above the five-year average on gasoline and crude oil.

Fox adds that while there is nothing illegal about rising wholesale gas prices being passed on to consumers immediately, he does ask why, when the price drops, does it take a week to 10 days for it to reach the retail market? Many drivers struggling to balance a budget are asking the same question.

"That's crazy," said Sterling resident Elizabeth Mariorenzi. "I don't know how people are going to drive anywhere, go on vacations. It's not going to be a good thing."

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