July 4, 2008

Lansing-area gas averages per gallon

Sunday $3.80

Last week $3.64

Last month $3.42

Last year $3.28

Source: LansingGasPrices.com .

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Hike in gas prices forces drivers to rethink habits

Okemos resident B.J. Rycus has been shutting his car off at drive-thrus, consolidating car trips and spending less time on the road, he said.

With Lansing-area gas prices approaching $4, Rycus said he is getting more pessimistic at the pump because of the amount of driving his work requires.

Gas companies will continue increasing prices until people make changes in the way they consume gas, he said.

AAA Michigan spokesperson Jim Rink said Sunday’s gas average in Lansing was $3.82 per gallon. Michigan’s average gas price was $3.83 per gallon, he said. The price of oil reached $126 per barrel Friday.

The highest prices are in the Upper Peninsula, while the lowest are in the metro Detroit area, Rink added.

Nathan Caoverley, a recent MSU political science and history graduate, said the rise in gas prices became is annoying.

“It’s hard to pay $50 to $60 for a full tank of gas,” he said. “It used to be $40 to $45 a year ago.”

But the price hike doesn’t make him drive any less, he said, for some, the high gas prices could require extra work.

“I’m going to have to get a second job if it gets any worse,” said Shelly Robinson, a Grand Ledge Public School teacher.

Future decreases are uncertain, Rink said. In the past few years they have dropped off at the end of May and might do so again this year.

MSU economics professor Charles Ballard said the increase in gas prices is caused almost exclusively by the increase in oil prices. He said the cost of oil is influenced by factors like political turmoil in the Middle East.

Ballard said that oil prices also depend heavily on what happens at United States’ refineries.

For example, a pipeline that ruptured in 2000 in Jackson caused the price of gas to jump 50 cents, he said. The price returned after the pipeline was fixed.

Some analysts believe summer prices will be moderated by an overall decrease in vacation driving, Ballard said.

“There’s a lot going with the world economy,” Rink said. “Growth in China is creating an unprecedented demand for oil and gas.”

Published on Monday, May 12, 2008

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Mark
05/12/08 @ 12:54am

I think that shutting off your car in drive-thrus is the best idea ever to save money if you are a moron. It is wrong on so many levels.
My personal plan to save money is to stop using gas to help ignite piles of 100 dollar bills, because the price of gas is $3.80 a gallon.

Mike
05/12/08 @ 7:41am

Isn’t Nico Rubello the main character in Grand Theft Auto IV?

getmoney
05/12/08 @ 9:34am

Maybe he should consider eating at home to save money? That idea might be too complex for him to grasp.

joseph.mesaros
05/12/08 @ 10:00am

none

chains81
05/12/08 @ 12:10pm

“Gas companies will continue increasing prices until people make changes in the way they consume gas” That statement could not be more on the mark! Unless we as consumers change what we are doing, the prices will continue to soar. Right now, all the oil companies see is us complaining, but taking NO action about it. Why would they reduce the price if they know we’ll continue to buy it, no matter how high the price goes?

Za
05/12/08 @ 3:31pm

We cannot do anything about it but be smarter. We as daily drivers in America hardly control the price of oil. Goods will still be shipped on boat or plane or by water. Loose regulations still see huge growth in developing countires outside of the US. Plus gas in Europe is $12 a gallon. 12 DOLLARS, they have smaller cars and don’t drive as much or as far, plus their money is worth more than ours and they are in a worse situation than us. I am sorry but we can’t do crap about it

Chick
05/12/08 @ 6:22pm

Very informative! Well written.

BJ Rycus
05/13/08 @ 1:00pm

So this is how the students treat alumni, Mark! Shunning the drive-thru and going into the bank to make deposits for my business saves gas. Period. I wasn’t referring to skipping the drive-thru at McDonalds or Starbucks. Maybe if you graduate from my fine University some day you will be able to have your own business.

JR
05/13/08 @ 4:05pm

Buy Motorcycles, and help fight for free motorcycle parking on campus! You can park a scooter near a bike rack on campus. Can you do the same for a motorcycle?

kj
05/13/08 @ 9:26pm

I’m just going to buy a horse and ride that to campus. Forget this gas business.