Unrest in Middle East spikes gas prices in Lubbock - KCBD NewsChannel 11 Lubbock

Unrest in Middle East spikes gas prices in Lubbock

By Tiffany Pelt - email

LUBBOCK, TX (KCBD) – Wednesday oil prices topped $100 a barrel before pulling back to $98. The protests in the Middle East causing the spike, are affecting gas prices in the Lubbock with prices rising nearly 15 cents.

"I should have gassed up yesterday before they raised prices," said driver Sam Rutherford. "I've got one at home that's a gas guzzler. I don't drive it very much," he joked.

Tuesday night Lubbock gas stations were at $2.97, but Wednesday morning prices skyrocketed to $3.11 with the cheapest at $3.09 at Bolton's.  "With prices jumping up, that's why I found myself coming here to Bolton's. It's a little bit cheaper, anyway I can to save some money," said Rob Stewart as he gassed up his business's van.

While some drivers simply dealt with the rising prices, others like Johnny Ray Adams aren't taking the news lightly. "This makes me very mad because we can't afford it," said Adams angrily. "I put in $15 and all I got was just an eighth of a tank. It didn't even rise my hand up."

Whether drivers like it or not some analysts predict gas prices could rise to five dollars, because of the unrest in the Middle East. "That is just way too high for gas. We won't make it," said Adams.

Copyright 2011 KCBD. All rights reserved.

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