Mineral Wells Index, Mineral Wells, TX

Local News

February 19, 2013

Drivers forced to bear increases at the gas pump

By CHRIS AGEE

Local motorists say they are absorbing a marked rise in fuel prices any way they can, though most admit they are unable to significantly cut their use of gasoline.

According to a report by GasBuddy.com, which tracks fuel price fluctuations nationwide, the average retail price of a gallon of gasoline in Texas has increased by 14.4 cents over the past week.

While the current statewide average price represents a jump of 8.3 cents per gallon compared to this time last year, a month-to-month comparison tells a more dramatic story. As of Monday, gas prices in Texas were just under 40 cents per gallon higher than one month ago.

The national average saw an increase of 42.2 cents over January.

Local resident Mike McConnell said he doesn't travel for business but uses a significant amount of fuel on his ranch.

"I haven't really cut back," he said. "You feel it."

He explained there is little he can do in response to rising costs and plans to bear it the best he can until prices fall again.

Fred Fisher of Fisher Mechanical explained he must travel for work and can't meaningfully reduce his use of gasoline.

"You can't stop working," he said. "You just cut back on other areas."

He said individuals in his situation have little recourse and "kind of just have to roll it into your prices."

Mike Ward, owner of Award Oil Co. in Mineral Wells, said his clients are using fuel as fast as he can supply it, regardless of cost.

"I'm doing commercial-type things mostly, and farms and ranches," he said. "They have to keep going."

He contends speculators and commodities traders are responsible for much of the spike in costs.

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