Prices rising at the pump, affecting food prices - KCBD NewsChannel 11 Lubbock

Prices rising at the pump, affecting food prices

Prices rising at the pump, affecting food prices

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Lubbock, TX (KCBD) - You know you're paying more when you fill up your gas tank but costs are also rising on everything from food to flowers.

 The spike in oil prices is affecting everything out there.  

The U.S. Department of Agriculture projects that food prices are going to go up this year anywhere between 3 percent and 4 percent. Milk has gone up 26%, eggs are up 40% and even butter is on the list at a 19% increase. 

Delivery companies and truck drivers are also suffering at the pump. Most of us could never imagine filling up our gas tanks at a total cost of $566, but that's just half a tank for Alexander Lunas.

"Everything's going up, I pay $3,000 per week in gas," Lunas said. Alexander Lunas owns his own produce delivery company and he says the all his food costs are taking a big hit.

"Limes are $50 a case or more and carrots are high too," Lunas continued. "I'm just working to pay for the fuel. I'm barely making it but I'm surviving."

Some Lubbock flower shops are paying an extra $15 to $20 per order. "All of our flowers are shipped in, so the freights are all charging surcharges," Flowers Etc. owner, Mickey Sharp said.

"The way the economy is we've been having to swallow the extra costs, so I am not raising prices. I'm just going to keep on going as long as I can and do what I have to do," Sharp said.

But with gas averaging $3.50 per gallon, other businesses may have no choice.

"It's inevitable, if these prices continue to remain over $100 per barrel,"United Supermarkets Spokesman, Eddie Owens said.

"Things like laundry detergent, bottled water, anything that comes in plastic is likely going to be affected," Owens pointed out.

So is there relief ahead? The white house says they're considering going into the federal oil reserves which hold 727 million barrels of oil. The United States consumes 20 million barrels a day, which means it is truly only 36 days worth of gas.

"They need to do something quick about it," Lunas said.

Alexander Lunas is worried that if something doesn't change his business could be in trouble.

"Back in 1978, I used to put 230 gallons in my tank and I would spend 125 dollars. Now I spend about $1,000 bucks every time I fill up."

Copyright 2011 KCBD NewsChannel 11.  All rights reserved.

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